The government approved on Wednesday, at the proposal of the Ministry of Development, Public Works and Administration (MDLPA), the procedure regarding the collection of the royalties generated by the activities of exploitation of the state's surface resources under concession."This normative act was needed because, although law provides that 80pct of the royalties generated by surface concessions go to local and county authorities and 20pct to the state budget, in the absence of any methodology, this law was not applied. According to the provisions of the Administrative Code, these revenues mainly concern the local and county authorities, and the proposed measures provide for the application of this right," specified Minister Cseke Attila, according to a press release of the MDLPA.According to the Administrative Code, the share of 40pct of the royalties generated by the concession of agricultural land will be transferred directly to the local budget, 40pct to the county budget and 20pct to the state budget, every month, quarterly, every semester or annually, according to the agreement in force.Regarding the royalties obtained by the exploitation of mineral resources, including carbonated or non-carbonated natural mineral waters, the exploitation percentages are distributed as follows: 35pct to the county budget on whose territory the exploitation activity is carried out, 45pct to the locality budget and 20pct to the state budget, every month, quarterly, every semester or annually, according to the agreement in force, said MDLPA.
More than 2 out of 3 Romanian consumers do not return for a second purchase, according to the new Customer Loyalty Index, a comprehensive analysis based on aggregated data from campaigns and authored by White Image, the oldest email marketing company in Romania. The Index analyzes the post-purchase behavior of Romanian consumers and highlights major […]
Fashion retailer Primark announced major plans to expand its presence in Romania, confirming four new store openings for 2026. This will double its presence in the market and create over 450 new jobs. The announcement arrived at an important moment for the company, which marked three years since the opening of its first Romanian store […]
Romania’s National Road Investment Company (CNIR) awarded on Tuesday, December 16, the contract for the design and construction of the Bacău–Piatra Neamț express road to a Romanian–Bulgarian consortium. The value of the contract is RON 5.17 billion (some EUR 1 billion), excluding VAT, and its signing will take place if no appeals are filed. The […]
Romania will host its first mixed team European Judo Championship in 2027, according to the Romanian Judo Federation. The competition will take place at a key moment in the Olympic cycle, when the points earned will directly influence world rankings and qualification for the Olympic Games, according to FR Judo. The event will...
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union […]
Carrefour Romania has expanded its proximity retail network, reaching 200 Express stores and 191 Market locations nationwide, as part of its strategy to strengthen convenience formats. The retailer announced that the 200th Carrefour Express store will open on December 22. In 2025 alone, Carrefour opened 27 Express stores, including 19 company-operated units and eight franchise […]
