Romania will have to allocate approximately 2% of GDP annually over the next 10 years, representing the financial contribution related to European-funded projects, to which is added the demand to complete the entire infrastructure presented in the Investment Plan for the development of transport infrastructure for the period 2020 - 2030.The Ministry of Transport and Infrastructure (MTI) published, on Friday, in public debate, the draft Government Decision on approving the Investment Plan for the development of transport infrastructure for the period 2020 - 2030, the deadline for receiving proposals and comments being December 14, 2021.According to the substantiation note that accompanies the draft normative act, the Investment Plan develops a strategy of ensuring the necessary financing for the 10 years of implementation starting from the correlation of the main financing sources available to Romania: PNRR, POT, CEF 2.0 and the national budget.In total, the financing need for all transport sectors in Romania over the next decade is 72.77 billion euros. Of this amount, 34.19 billion euros is dedicated to road infrastructure, 20.63 billion euros to railway infrastructure, 10.7 billion euros to metro infrastructure, 4.46 billion euros to naval infrastructure and 2.79 billion euros dedicated to airport infrastructure.The maximum estimated allocations for European funding are 40.78 billion euros (of which 13.43 non-reimbursable external funds and 27.35 maximum contribution from the state budget, including the over-contracting mechanism), resulting in a deficit of 31.99 billion euros, which can be covered from the state budget, respectively by external loans and private funds.
Ruling on the draft law on the disbursement of privately-managed pensions, namely 2nd and 3rd Pillars, inked by the Financial Supervisory Authority (ASF), promoted by the Romanian government and approved with amendments by the Parliament, the Constitutional Court (CCR) concluded that the capping the single payment granted before the start of the monthly payments to […]
The revised bill that bans the cumulation of the public pension of a special (non-contributive) nature with a wage paid in the budgetary sector, currently available for public debate, will be amended so as to restrict the exceptions provisioned in the original form, labor minister Florin Manole said, according to
The Romanian business community reiterated its firm call to decision-makers to eliminate the minimum turnover tax (IMCA), in view of the discussions on the construction of the state budget for 2026, according to a statement signed by more than 100 employers' federations, business associations, and chambers of commerce in Romania. The Romanian government will address […]
Romanian president Nicusor Dan reiterated in a speech at the 2025 Digital Governance Summit organised by Edge Institute at Cotroceni Palace and published on the Presidency's webpage, thus making it somewhat official, an invitation addressed to the "private community" to draft regulations and sectoral policies that the state is unfortunately unable to design, such as […]
Premier Energy Group (BVB: PE), a leading vertically integrated utility company in Southeastern Europe listed on the Bucharest Stock Exchange, reported its normalized revenue grew 40% y/y to EUR 1.17 billion, while normalized EBITDA rose by 36% y/y to EUR 94 million in the first nine months of 2025. On a reported IFRS basis, revenue […]
Autonom Services, a mobility services company with bonds listed at the Bucharest Exchange, has entered into a credit facility agreement with a total value of EUR 300 million, with an option to subsequently increase the facility by up to EUR 50 million. The financing was attracted from a syndicate of banks that included Banca Transilvania, […]
