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.
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
