Premier Nicolae Ciuca presented, at the League of Local Elected, organized by PNL in Brasov, on Thursday, the governing report for the first half of the year and pointed out that, after 6 months, Romania has the biggest economic growth in EU and over 90 billion euros for Romania's development. The head of the Executive spoke about the National Recovery and Resilience Plan (PNRR) and the fact that “the government has increased the absorption rate of European funds by 7% compared to 6 months ago, while payment estimates communicated to the European Commission already cover the necessary expenses statements for 2022. In his opinion, PNRR represents the essential resource for the country's development. The extension of water and sewerage networks will be made by means f the “Anghel Saligny”National Investment Program, for which 22.5 billion lei has been allocated from the state budget. 2,064 financing requests for projects in the water and sewerage fields are being analyzed,” said premier Ciuca.
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 […]
