The Rabla Clasic and Rabla Plus car scrappage programs will be launched in early February and will have a budget of 1.2 billion lei in 2022, and the implementation of the two programs is planned, for the first time, for three years, the Minister of Environment, Tanczos Barna, announced on Thursday in a press conference.These programs aim to get at least 250,000 cars older than 15 years out of service by 2026. We will ensure in 2022 the largest budget that Rabla Clasic and Rabla Plus have ever had and this budget will be over 1.2 billion lei, the minister of environment said.He explained that, in order to reach the proposed goal for 2026, the scrapping bonus has been increased, and in 2022 a maximum amount of 16,500 lei can be reached if the beneficiary hands over for scrapping two cars, both older than 15 years. It will also benefit from a premium of 3,000 lei for hybrid or 1,500 lei for low CO2 emissions."So the number of cars is increasing from one to two. Two cars can be handed over for scrapping for a new car bought. We will have a budget of at least 1.24 billion lei. In 2023 we will increase by 10% compared to 2022 and in 2024 we will increase it by another 10% compared to 2023. Thus, 2024 will be the first year when the budget of Rabla Plus will exceed one billion lei, given that we will gradually reduce the budget allocated for Rabla Clasic, but without falling below the budget of 2021. And in 2024, the budget for Rabla Clasic will be higher than in 2021," Tanczos said.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
