A tax strategy for 2023 will be unveiled in April this year, Prime Minister Ciuca on Friday assured officials of the Foreign Investors Council (FIC), an organisation that brings together over 120 of the largest Romanian companies running on foreign capital, in a meeting at the Government House.According to a government press statement, the attendees underscored the importance of investment to the recovery of the economy and the need to boost foreign investment, which is a key component in economic growth."I want to welcome the initiatives of the Foreign Investors Council and to say that we are committed to achieving the same goal: developing and improving the Romanian business environment. (...) Creating such a formal consultation framework between the government and the business community helps us with our efforts to consistently attract the investment of foreign-owned companies, which is expected to result in the completion of a predictable legislative process and public policies based on data, analysis and impact studies, all key elements in building a trusting relationship with investors," Ciuca is quoted as saying in the statement.It is necessary to identify the public policies and the necessary tools to capitalise on the investment considered by the government and also by the foreign investors that are developing in our country, Ciuca said."We have allocated the largest amount of investment this year - 88 billion lei. We will invest another 80 billion euros from European money in the coming years. In order for these ten billion euros a year to produce effects, the government must have the capacity and mechanisms to concrete projects. We will set up a government structure that will deal with foreign investments in Romania, but also with the promotion of Romanian exports. Let's invest together," the prime minister said.In their turn, the attending representatives of foreign investors pointed out that boosting investment can increase Romania's economic development potential by 4.5 times by 2040. To that end, willingness for a partnership to ensure a sustainable direction towards the social environment and corporate governance was expressed.
One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated to improving […]
The investment includes the modernization of the production unit in Crevedia and the launch of PIUA, Maidan’s first premium spreadable product range, responding to the growing demand in the ready-to-eat market. Maidan, a company active in corporate and private event catering, industrial catering and the development of its own gastronomic products, announces a total investment […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated […]
Unanimously adopted, the Nordis Law marks a decisive moment for Romania’s residential market. It introduces a set of rules designed to protect buyers, hold developers accountable, and reduce speculative risks, with a strong focus on transparency and stability. Under the new legislation, the reservation fee cannot exceed 5% of the property value, reservation contracts cannot […]
Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]
Police and prosecutors carried out 25 searches in Romania and Italy on Tuesday, November 18, aiming to dismantle a group made up of four families, who allegedly sexually exploited, mainly in Italy, more than 30 victims. After the searches, 19 people were detained, and two others were placed under judicial control for forming an organized […]
