The Social Democratic Party (PSD) won the most seats in the elections for local councils - 42.11%, followed by National Liberal Party (PNL) - 32.1%, Alliance for the Union of Romanians (AUR) - 8.6%, the Hungarian Democratic Union of Romania (UDMR) - 6.88% and the Save Romania Union (USR) - 2.1%, according to the partial results presented on Monday night by the Central Electoral Bureau (BEC).The Central Electoral Bureau published, on Monday night, the provisional results on the distribution of the mandates of local councilors following Sunday's elections:PSD - 42.11% (14.199 mandates)PNL - 32.1% (10.826 mandates)AUR - 8,. (2.899 mandates)UDMR - 6.88% ( 2.319 mandates)USR - 2.1% (708 mandates)Alianta Dreapta Unita/United Right Alliance - 1.98% (667 mandates)Forta Dreptei/Force of the Right - 0.63% (214 mandates)Alianta Electorala PSD-PNL/PSD-PNL Electoral Alliance - 0.57% (191 mandates)PMP (People's Movement Party) - 0.56% (189 mandates)PUSL (Social Liberal Humanist Party) - 0.53% (180 mandates)Alianta Maghiara din Transilvania/Hungarian Alliance in Transylvania - 0.47% (159 mandates)Independent candidates - 0.44% (150 mandates)SOS Romania - 0.34% (116 mandates)Asociatia Partida Romilor Pro-Europa/Pro-Europa Roma Party Association - 0.31% (91 mandates)Alianta Dreapta Unita USR - PMP/USR-PMP United Right Alliance - 0.27% (90 mandates)PER (Romanian Green Party) - 0.2% (68 mandates)Another 63 parties, formations and political alliances obtained mandates of local councillors.
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, […]
