Prime Minister Marcel Ciolacu announced that next month he alongside several ministers will attend a joint meeting in Ukraine with his counterpart, Denys Shmyhal and members of the Government in Kyiv, where several topics of joint collaboration will be discussed, in areas such as agriculture, transport and energy."Next month I will have a joint 'G to G' meeting with Ukraine. I will go to Kyiv accompanied by several ministers, the minister of internal affairs, the agriculture minister, the transport minister, the energy minister, in order to get the collaboration as close as possible," Ciolacu told private broadcaster Digi 24."I am firmly convinced that Ukraine too, we have it on the agenda, will announce the renunciation of the Moldovan language. (...) I had discussions with Mr Prime Minister, but the most important thing is that through a dialogue with the Ukrainian Prime Minister, and I thank him for this, as he thanked me, we found the best solutions so as not to affect farmers in Romania, but also so that Ukraine can continue the transit of grain through Romania," the prime minister said.According to him, Romania helps Ukraine on "all levels" and Ukraine must be supported "until they win the war". "One of the most important hubs for Ukraine's reconstruction after the end of the war will be Romania," given the vicinity, he added."Romania must be, this time, logistically prepared for this hub. I have a project, and I have also spoken to the President of the [European] Commission, together with the Bulgarian prime minister, to take money from the European Commission for 'Mobility' and to build a new road and rail bridge over the Danube in Giurgiu. (...) We must realize that the Port of Constanta is, at this moment, strategic. (...) We do not know what will happen with Odessa, but there is a port in the Republic of Moldova, Giurgiulesti, which is not yet operational and, already, through the transport minister, Romania has expressed its interest with the EBRD, because the majority shareholder in Giurgiulesti is the EBRD, to buy this port and develop it. We are waiting for the answer," Ciolacu 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 […]
