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.
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]