Prime Minister Marcel Ciolacu announced on Thursday that the Government will adopt a first package of measures agreed with farmers and transporters. “It is clear that the protests were justified, and the decisions we are adopting confirm that most of their demands are absolutely legitimate,” the prime minister said at the beginning of the Government meeting. According to him, several projects are aimed at farmers. “We are giving direct support of 100 euros per hectare to growers in the vegetable sector to compensate for losses suffered due to the war in Ukraine, for crops established in the fall of 2022. The compensation per agricultural enterprise cannot exceed 280,000 euros. We estimate over 162 thousand beneficiaries and a budgetary effort of almost 250 million euros, an amount already budgeted. Our farmers fully deserve this compensation! In addition, I also thought it common sense to ask for the equivalence of driving licenses in categories B and B1 to drive tractors, so we will legislate it today. At the same time, we also solve the problem of agricultural machinery, extending the exceptions from registration and periodic technical inspection to the category of slow vehicles. Also, the Romanian Automotive Register (RAR) will be able to perform the ITP (the vehicle’s periodical technical inspection) on agricultural or forestry vehicles with mobile laboratories right at the premises of the farms. It is reasonable not to ask the farmer to take his equipment from the field or forest and go to the RAR, but to do the exact opposite,” said Prime Minister Marcel Ciolacu. The Prime Minister said that on the agenda is the temporary postponement of the loan installments of agricultural producers affected by the drought from 2023. “I fully support the measure and I know that sustained work is being done, both with the National Bank and with the entire banking system and the Competition Council, to find the most suitable technical formulas. I am convinced that we will quickly complete this aid scheme for the affected farmers”, said Ciolacu.
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
