Interim President Ilie Bolojan on Monday welcomed a delegation of the management of the National Bank of Romania (BNR) at the Cotroceni Presidential Palac, represented by Governor Mugur Isarescu and Deputy Governor Cosmin Marinescu.According to the Presidential Administration, the meeting took place amid the current macroeconomic picture dominated by internal and external risks and uncertainties that require prudence and responsibility in terms of economic policies."Interim President Bolojan underlined the importance of the central bank in ensuring the country's economic stability and in increasing the confidence of financial markets and investors in Romania's economy."The Presidential Administration shows that the discussions focused on the need for close cooperation between public economic and financial authorities."Romania's economic stability requires responsible policies and structural reforms, in line with the commitments of the National Recovery and Resilience Plan, which ensure the sustainability of public finances and the financial system in the long term," according to the Presidential Administration.Governor Isarescu underlined BNR's commitment to contributing to securing macroeconomic stability by adequately managing the existing risks within the limits of the institutional powers of the central bank."Securing financial and economic stability remains, in the current context, the main objective of the National Bank of Romania, for the achievement of which coherent and responsible decisions are necessary, which would lead to the full capitalisation on the European funds from which Romania benefits and to increase, implicitly, the investment attractiveness at the level of the private sector," according to the Presidential Administration. (Photo:https://www.presidency.ro/)
German company Henkel, with over 500 employees in Romania, has opened a new headquarters in Bucharest, marking a fresh chapter in its three-decade presence in the local market. The space blends Henkel’s “Smart Work” concept with Romanian cultural design elements inspired by Constantin Brâncuși and traditional motifs, while a dedicated quiet zone pays tribute to […]
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 […]
