Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Government and foreign investors to set up a...

Government and foreign investors to set up a working group, which will meet monthly

November 23, 2023

Premier Marcel Ciolacu had consultations, on Wednesday with the Council for Foreign Investors, during the meeting agreeing on the setting up of ‘a consolidated working mechanism’ with regulated meetings with participation of the representatives of the government and CIS as well of the ministers of finances and economy.    ‘The representatives of the Council for Foreign Investors appreciated both the perspective of the government as regards investment policy as well as the proposal to have monthly reunions of a mixed working group. At the same time, the two parties established that there will be dialogue in this format  to ensure support and to understand and correctly put into practice, where it is necessary, the implementation norms of the fiscal measures in the area of turnover tax’ the press release sent by the Press Office of the executive.Premier Ciolacu invited the Council for Foreign Investors to get into ‘a constant dialogue’ with the government and said he waited for the support and ideas from CIS for investment projects in two strategic areas: food industry and construction materials industry.The main issues discussed during the consultations were: the package for fiscal-budgetary measures, digitization of the National Agency for Fiscal Management – ANAF and the government vision about foreign investment. The premier said that among his preoccupations and ‘high stake involved’ during his mandate there are the digitization ‘in an accelerated rhythm’ of ANAF and the reorganization of the ministry of finances.‘I assure you that we are determined to go to the end with our plans for budgetary reform. At the same time, it is necessary and we want to combat fiscal evasion and continue the measures for fiscal equity’ said Marcel Ciolacu.  

Read in full - click here
Exim Banca Romaneasca Grants Companies Loans Guaranteed by the European Investment Fund

Exim Banca Romaneasca supports the development of Romanian companies by granting loans for investments and working capital under advantageous conditions, with European guarantees that can cover up to 70% of the financing value, following the signing of a guarantee agreement between the bank and the European Investment Fund (EIF). EIF guarantees can be accessed under […]

Romanian European Projects Ministry to introduce new PNRR reporting system

Romania’s Ministry of Investments and European Projects will introduce an open data type of reporting, with all 17,000 projects included in the EU-funded Recovery and Resilience Plan, or PNRR.  The projects will be placed in a database indexable by location, type of beneficiary, or type of intervention, according to minister Dragoș Pîslaru. "We are talking […]

IULIUS restores contaminated site to pave way for EUR 800 mln urban regeneration project in Constanța

Romanian developer IULIUS announced on Tuesday, September 23, that it will invest EUR 29 million in “the largest bioremediation project in Europe by a private investor,” restoring 38 hectares of contaminated land in downtown Constanța as part of its EUR 800 million urban regeneration project. The site, once home to the city’s Oil Terminal platform, […]

Romanian prosecutors request lifting of immunity for pro-Russian MEP Diana Șoșoacă

The Prosecutor’s Office attached to Romania’s High Court requested that the European Parliament lift the immunity of MEP Diana Șoșoacă on Tuesday, September 23. The request relates to cases of unlawful deprivation of liberty, Holocaust denial, public promotion of the cult of persons convicted for genocide and war crimes, as well as fascist, legionary, racist, […]

Two Romanians arrested in Greece for suspected espionage at naval base

Greek authorities have arrested two Romanian nationals on suspicion of espionage after they allegedly took pictures of the Hellenic Navy’s main base on the island of Salamina, the Coast Guard said on Tuesday, September 23, as reported by ekathimerini.com. The men, aged 52 and 22, were detained on Monday afternoon after Navy personnel spotted...

Romanian student team crosses Australia aboard solar vehicle

Last month, the Solis student team from the Technical University of Cluj-Napoca crossed the Australian desert from north to south over 6 days aboard the solar-powered car “Hyperion.” The crossing was part of the Bridgestone World Solar Challenge 2025, which took place on a 3,020 km route, from the cities of Darwin to Adelaide, crossing […]