The government approved on Thursday a bill for the purchase of 32 F-35 fighter jets, the Executive's spokesman Mihai Constantin announced."A bill was approved and sent to Parliament in a fast-track procedure, proposing that the Government of Romania award the Government of the United States of America the 'Offer and Acceptance' contracts for the purchase of 32 F-35 aircraft, engines, munitions, initial logistic support, permanent access to the F-35 global support chain, equipment and aircrew training services, support staff and aviation technical staff, special regime cryptographic equipment, specialized assistance, as well as the realization of industrial cooperation projects consisting in the transfer of technology or products. The necessary funds shall be provided from the state budget, through the budget of the National Defense Ministry, through loans or loan guarantees offered by the U.S. Government, or through a combination of these options," Mihai Constantin told a press conference at the Victoria Palace of Government.Also, the proposal was made for the National Defense Ministry and the Ministry of Economy, Entrepreneurship and Tourism to conclude specific industrial cooperation agreements with the manufacturer of the F-35 aircraft, Constantin added.
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 […]
