The legislative proposal on the introduction of mandatory contribution for economic actors affects market principles and restricts the principle of free association, according to the representatives of the Foreign Investors Council (FIC)."In a difficult economic context generated by developments in the energy market, inflation and geo-political instability, the economic environment needs measures to support companies and private initiatives. The legislative proposal on the introduction of mandatory contributions for economic actors affects the market principles, as well as restricts the free association principle. The introduction of such a framework will result in the disruption of the Romanian companies' competitiveness, through a new fiscal, but also bureaucratic burden," FIC informs in a press release on the new rules for the business environment.FIC representatives point out that measures are being taken at both European and national level to support the business environment so that companies can continue their work, which ultimately contributes to the state budget and creates jobs.FIC is the association that brings together the most important investors with foreign capital in Romania, approximately 120 of the largest companies in the country with a cumulative turnover that represents a fifth of the gross domestic product and that have a significant contribution to the state budget.Also on this topic, Concordia CEO Radu Burnete said on Thursday that forcing Romanian companies to pay taxes to an organization does a disservice to the business environment because such funding can easily turn into a form of political pressure on beneficiary organization.The President of the Romanian Chamber of Commerce and Industry, Mihai Daraban, announced on Wednesday that all Romanian companies will be obliged, before submitting the balance sheet to ANAF, to pay a contribution to be included in a catalog for the promotion of Romanian companies. The obligation was included in a draft amendment to Law 335/2007, the Law on Chambers of Commerce in Romania, a bill under parliamentary debate.
Ahold Delhaize, the owner of the local supermarket chains Mega Image and Profi, has appointed Xavier Piesvaux as country manager for Romania beginning January 1, 2025. Piesvaux, who was brand president of Mega Image from 2006 to 2015, will return to the country, where he will oversee the expansion of the company’s local brands Mega […]
Cargus, one of Romania’s leading courier companies, recorded a 15% rise in delivery volumes over the Black Friday weekend, 7-10 November, compared to the same period in 2024. In total, the company delivered almost half a million parcels per day nationwide. These results confirm the positive trend of the e-commerce market and highlight Cargus’s strong […]
Romanian authorities carried out preventive evacuations in the village of Plauru in Tulcea county early Monday, November 17, after a drone attack on the Ukrainian port of Izmail ignited a liquefied petroleum gas (LPG) vessel located close to the Romanian border, officials said. The fire, triggered during overnight strikes by Russian forces on targets near […]
Two new polls by survey companies CURS and AtlasIntel show an extremely tight race for Bucharest general mayor, a position left vacant after former mayor Nicusor Dan became president of Romania earlier this year. Social Democrat (PSD) candidate Daniel Băluţă tops the CURS poll, with 27%, followed by center-right candidates Ciprian Ciucu (National Liberal Party […]
UNICEF is inviting teachers and students across Romania to take part in the 2025 edition of the World's Largest Lesson, held between November 17 and 25 to mark World Children's Day. Celebrated each year on November 20, the day commemorates the adoption of the UN Convention on the Rights of the Child in 1989, "the […]
PPC Group has expanded its renewable energy portfolio in Romania with the addition of a new 130 MW photovoltaic plant in Călugăreni, located 40 kilometers south of Bucharest. The project has recently been connected to the national grid. The plant was built using 227,240 bifacial photovoltaic panels and is expected to generate more than 193 […]
