At a plenary sitting on Tuesday, the Chamber of Deputies adopted a bill under which mining royalties derived from mineral water exploitation may become revenues of the local governments.The bill is designed to attract financial resources at the level of local administrations allowing spa resorts in Romania to make offers suitable to the needs of tourists in terms of accommodation establishments, healthcare centres, related affordable service packages.By way of derogation from Article 307(2) of Government Emergency Ordinance 57/2019 regarding the Administrative Code, as subsequently amended and supplemented, the mining royalty derived by concession from activities of exploitation of surface resources, carbonated or non-carbonated natural mineral water, therapeutic mineral water and thermomineral water should become income as follows: 35% to the local budget of the county on whose territory the exploitation is carried out, 45% to the local budget of the small towns, towns or cities , as the case may be, on whose territory there is such exploitation, 20% to the national budget.The bill was also adopted by the Senate, with the Chamber of Deputies being the decision-making body in this case.
Hungarian filmmaker Béla Tarr (in opening photo) is one of the guests of this year’s Transilvania International Film Festival (TIFF), which is currently taking place in Cluj-Napoca. He will receive a Lifetime Achievement Award at the TIFF Awards Gala. Until then, audiences will have the chance to meet him at the cinema and attend a […]
With a continued commitment to innovation, sustainability, and affordability, Auchan Romania has received three major distinctions at the “Voted Product of the Year 2025” competition – the most prestigious recognition platform for innovation and performance among products, brands, and retail networks in Romania. In addition to being named Retailer of the Year in the Hypermarket […]
Roughly 72% of Romanians believe that their own actions have the greatest impact in building a sustainable future. At the same time, they acknowledge the essential role of companies (68%) and governments (66%) in achieving sustainability goals, according to the fourth annual edition of the National Barometer on Romanians' perceptions and behaviors related to sustainability […]
Contakt, a Romanian mobile accessories retailer operating a nationwide network of 245 stores, has announced plans to list on the AeRO market of the Bucharest Stock Exchange this fall. Roughly 10% of the company’s share capital will be made available to investors during the IPO, with a gradual increase in free float to 30-40% forthcoming. […]
Wizz Air will reopen its base in Suceava, in northeastern Romania, where it will allocate two Airbus A321neo aircraft. With these, the airline will operate a total of 43 aircraft during the winter season in Romania. Wizz Air will also introduce eight routes from Suceava starting in December. Passengers will be able to fly from […]
A new legislative proposal is currently being developed regarding end-of-life care, according to doctor Cătălina Poiană, president of the Romanian College of Physicians. It would be a first for the Romanian medical system. Dr. Poiană specified that the document has been worked on by representatives of the Romanian Society of Anaesthesia and Intensive Care (SRATI), […]
