The impact of the fiscal package on inflation is 1.5 - 1.8 percentage points, announced on Thursday, Finance Minister Alexandru Nazare."I did a calculation. It's about a point and a half, 1.5 - 1.8 during the current year. I'm talking about inflation. I'm talking about the impact on inflation. Of course, we will have an updated impact with all the measures when the package is closed," said Alexandru Nazare, in a press conference organized at the Government.The Ministry of Finance published a draft law on Thursday that provides for some fiscal-budgetary measures, including the increase in the standard VAT rate from 19 to 21% and the reduced rates from 5% and 9% to 11%, the increase in excise duties, the increase in the dividend tax from 10% to 16% and an additional tax for banks. The project also provides for the increase in taxation in the field of gambling but also the payment of social contributions for pensions higher than 3,000 lei, for the amount exceeding this ceiling.The draft law indicates a total impact of the proposed measures of 10.7 billion lei in 2025, of which 9.49 billion lei on the revenue side and 1.25 billion lei on the expenditure side.In May, the National Bank of Romania (BNR) revised upwards, to 4.6%, from the previous 3.8%, the inflation forecast for the end of 2025.
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
