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.
Romania has signed a major contract with France for the acquisition of Mistral portable short-range air defense missile systems. The agreement was concluded on Tuesday, November 25, between Romania’s Ministry of National Defense and France’s Ministry of the Armed Forces and Veterans, through their respective General Directorates for Armaments. The acquisition is valued at EUR […]
The European Parliament called on November 26 for EU-wide rules to strengthen the protection of minors online, recommending a minimum age of sixteen for accessing social networks, video-sharing platforms, and AI chatbots, according to a statement from the institution,
The government of Romania will be empowered to establish, ex officio or upon request, by Government Decision, an extended surveillance regime over local companies strongly affected by economic sanctions imposed by other states, according to the legislative project prepared by the government, given that the situation of the assets held by the Russian giant Lukoil […]
The European Commission (EC) will reportedly give Romania four more months to appoint permanent management under competitive procedures at 48 state-owned enterprises (SOEs) in the energy sector, after the Romanian government agreed to double the fine paid by the country and the penalties charged to those responsible (ministers) if the milestone set under the Resilience […]
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
