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Finance Minister: Expansion of reverse charge would have positive effects on tax fraud combat

January 19, 2016

The expansion of reverse taxation for certain goods and services would have positive effects on the combat of tax fraud, said Minister of Public Finance Anca Dragu in an intervention at the meeting of the Economic and Financial Affairs Council – ECOFIN. The finance minister also underscored that Romania backs the initiative of the Czech […]

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Taste of Transylvania holds underground edition at Romania’s Praid Salt Mine

Salina Praid, one of Europe's largest salt mines, will host Romania’s first underground gastronomic festival, Taste of Transylvania Underground, from March 28 to 30. The event will showcase top chefs from Romania and Hungary, including Michelin-starred restaurants, in an extraordinary setting 100 meters below ground, local news agency

Bucharest Coffee Festival holds 2025 edition this weekend

Bucharest Coffee Festival returns this weekend, from March 21 to 23, at Hala Laminor, bringing together coffee professionals and enthusiasts from Romania and abroad. The 2025 edition will host over 200 exhibitors, including producers, roasters, and distributors, across a 5,000-square-meter space. Attendees can explore a wide variety of specialty coffee, accessories, and brewing equipment, with […]

Romanian Consumer Protection unveils draft order forcing companies to make commercial markup public

The National Authority for Consumer Protection in Romania, or ANPC, has put forward for public consultation an order that will require economic operators to inform consumers about the commercial markup applied to marketed products, relative to the producer's base price. In the draft order, ANPC argues that the consumer’s right to information is a fundamental […]

Romania’s tax agency ANAF puts infamous Hexi Pharma factory up for sale

Romanian tax agency ANAF has put up for sale the factory of infamous disinfectant-maker Hexi Pharma. The company was involved in a major scandal regarding diluted disinfectants delivered to hospitals years ago. The controversial company, now in insolvency, has debts of RON 17.6 million to the Romanian state, and the Prosecutor's Office attached to the […]

Romania joins global Earth Hour movement on March 22

On March 22, 2025, Romania will join millions globally in marking the 19th edition of Earth Hour, a powerful movement organized to raise awareness about environmental issues. This year's Earth Hour coincides with World Water Day, with initiatives emphasizing the need to protect and regenerate vital water resources. In Romania, WWF said it is using […]

Czech VC Soulmate Ventures launches new EUR 50 mln fund for sustainable innovation startups

Soulmates Ventures, a Prague-based Venture Capital (VC) firm, is strengthening its commitment to sustainable innovation with a EUR 50 million fund, increasing initial investments to up to EUR 3 million per startup, with follow-on funding totalling up to EUR 5 million to ensure long-term support. Investing under Article 9 of the SFDR, the accelerator and […]