Foreign Affairs Minister Oana Toiu met on Tuesday with representatives of the Concordia Employers' Confederation in order to discuss Romania's priorities in the economic diplomacy area and launched a call on all Romanian companies that wish to become involved in Ukraine's reconstruction process."The Minister underscored that dialogue with the business community, especially at this time, is not only useful but absolutely necessary. She appreciated the active involvement of Concordia both domestically and internationally, including through participating in platforms such as Business at OECD (BIAC), where Romanian entrepreneurs' interests are promoted. Oana Toiu invited the private sector to come up with concrete proposals to support Romanian companies through instruments of economic diplomacy: missions and bilateral contacts, thematic events, analysis and specialized materials. She welcomed the proposals of Concordia's representatives, especially in terms of reforming the economic diplomacy instruments available to the Romanian state, particularly regarding the Romanian Agency for Investment and Foreign Trade (ARICE)," a Foreign Affairs Ministry (MAE) release sent on Wednesday informed.Oana Toiu also mentioned the latest meetings with Ukraine's high officials, during the bilateral visit she paid between August 7 and 9, calling on all Romanian companies to get involved in the reconstruction process of the neighboring country. She encouraged the participation in tenders and investments in Ukraine, underscoring the major opportunities for the development of Romanian businesses. (Photo:https://www.mae.ro/)
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
