On Thursday, Prime Minister Nicolae Ciuca welcomed a delegation of the AmCham American Chamber of Commerce in Romania, telling them that the government wants to increase Romania's credibility as a country of investment and a stable business environment.According to a government statement, the dialogue highlighted a number of challenges facing the business community, such as the demand for labour, declining birth rates, the need for cutting through red tape, and digital transformation, as well as a balanced fiscal policy. Healthcare and cyber-security regulations were also discussed."Stability, predictability and confidence are the principles that were and will always be the basis of dialogue between the government and the business community. The x-ray that the AmCham leaders did today coincides with government's assessment. We must facilitate a legal framework through which we can continue to cut through red tape, removing obstacles and time-consuming processes, with will and optimism on the part of investors. We want to increase Romania's credibility as a country of investment and a stable business environment. We are working hard to reduce the negative effects and to take advantage of the opportunities we have during this period, including business relocations in the region. Regarding the strategic partnership with the US, Romania relies a lot on the capacity of the US business community to generate new investments in Romania," Ciuca is quoted as saying in the press statement.AmCham leaders mentioned the readiness of the majority of its members to keep up or develop the level of investment in Romania.Also attending the meeting with the AmCham leaders on the part of the Romanian government were Finance Minister Adrian Caciu; Economy Minister Florin Marian Spataru; Minister of Research, Innovation and Digital Transformation Sebastian Burduja; Minister of Health Alexandru Rafila; chief officer for tourism and entrepreneurship Florin Dobrescu; governmental spokesman Dan Carbunaru; George Agafita, state adviser with the Chancellery of the Prime Minister.
Photon Energy and Hyperion Renewables have signed an engineering, procurement, and construction (EPC) contract for a 34 MW solar power plant in Săliște, Romania, with plans to expand the facility to 38 MW. Construction is set to begin in the third quarter of 2025, with commercial operations expected a year later. The project, developed by […]
The presidential elections in Romania on May 18 may mark the most important political change since the fall of communism in 1989, with two scenarios radically different: a thorough radical political reform of mainstream parties, complicated by tight economic constraints, and the rise of radical political entities that increasingly resemble the hard-right movement of the […]
Romanian leading tour operator Paralela45 announced the merger with Rainbow Tours Polonia, one of the largest players in Poland, and is counting on increasing its market share in the coming years, according to Economica.net. Paralela45 signed a preliminary agreement on the merger with Rainbow Tours of Poland on May 15. ...
Romania’s average net wage increased by 9.8% y/y to RON 5,457 (EUR 1,097) in the first quarter of 2025, according to data published by the statistics office INS. In real terms, the annual growth rate was 4.8% – significant in absolute terms but the weakest in seven quarters. The net wage in Romania leaped up […]
The European Commission could trigger the formal procedure of temporarily suspending European funds for Romania, including money from the Resilience Facility, in June, according to sources consulted by G4media.ro. The...
Hollywood actor Sebastian Stan and swimming champion David Popovici, two of Romania’s most prominent international figures, have called on Romanians to vote in Sunday’s presidential runoff, where independent candidate and Bucharest mayor Nicușor Dan faces George Simion, the leader of the far-right party AUR. Sebastian Stan, who won a Golden Globe for...
