The chairman of the National Liberal Party (PNL), Nicolae Ciuca, announced on Monday that the Political Bureau of the party voted for the government's responsibility for the measures to reduce expenses and fiscal measures."The subject that is of major interest to everyone is that of the engagement of government responsibility for the measures to reduce expenses and fiscal measures. We had discussions at the level of the PNL leaders and I presented as clearly as possible what are the fundamental elements that the PNL has supported and continues to support to take on this responsibility. The fundamental elements are three in number, namely: reducing budget expenditures, reducing fiscal evasion and fiscal measures," said Ciuca, after the meeting of the National Political Bureau of the PNL.He reiterated that PNL continues to support the maintenance of the flat tax rate, will continue to support private entrepreneurs, the economic environment by maintaining the dividend tax rate at 8%.Ciuca specified that the PNL supports maintaining the current VAT rate and affirms that at the level of the entire governmental structure, measures should be identified by which large companies pay tax on the profit they make in Romania."We support that at the level of liberal professions and Authorised Natural Person (PFA), a ceiling should be imposed for Social Health Insurance Contributions (CASS)," the PNL leader added.He specified that, beyond these measures, another package is needed to support investment and economic growth measures."There are three lines that we can approach, it is about fiscal facilities, for utilities and personalized state aid for investments that exceed the amount of 50 million euros," Ciuca pointed out.
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
