Prince Charles of Wales, who is on a visit to Bucharest on Wednesday, met with Prime Minister Nicolae Ciuca at the Victoria Palace of Government, discussing Romania's security situation against the backdrop of the Russian invasion of Ukraine, as well as its green and renewable energy policies, the government said in a release.The concerns expressed by His Royal Highness were mainly over the threat to the world food security posed by the Russian blockade of the ports of Odessa and Mykolayiv.The visiting senior royal was also interested in Romania's green and renewable energy policies and its approach to reducing carbon dioxide emissions."His Royal Highness recommended his Sustainable Markets Initiative as a solution to bringing together companies that have engaged in commercial activities to reduce pollution and carbon dioxide emissions," the government said.Prime Minister Nicolae Ciuca gave an extensive presentation of Romania's efforts to support Ukraine in every way: taking in refugees, supporting internally displaced Ukrainian citizens and those who defend their country, supporting Ukrainian grain exports.The head of the Bucharest government also presented an assessment of the on-site military situation in Ukraine and of the prospects and threats generated in the Black Sea region.Nicolae Ciuca expressed Romania's openness to supporting green energy investments, especially offshore wind projects British companies are expected to invest in in the next period.During the meeting, the Prince of Wales voiced his special appreciation for the support provided by the Romanian citizens to Ukrainian refugees, as well as for the Romanians' manifestation of solidarity and sympathy which have impressed the entire world. His Royal Highness also conveyed the appreciation enjoyed by the Romanians who live in the UK and who contribute through their work to the well-being and economic development of their adoptive communities.In this context, Premier Ciuca underlined the importance of supporting the Romanian community in the UK by protecting their legal rights, the government release states.
Ruling on the draft law on the disbursement of privately-managed pensions, namely 2nd and 3rd Pillars, inked by the Financial Supervisory Authority (ASF), promoted by the Romanian government and approved with amendments by the Parliament, the Constitutional Court (CCR) concluded that the capping the single payment granted before the start of the monthly payments to […]
The revised bill that bans the cumulation of the public pension of a special (non-contributive) nature with a wage paid in the budgetary sector, currently available for public debate, will be amended so as to restrict the exceptions provisioned in the original form, labor minister Florin Manole said, according to
The Romanian business community reiterated its firm call to decision-makers to eliminate the minimum turnover tax (IMCA), in view of the discussions on the construction of the state budget for 2026, according to a statement signed by more than 100 employers' federations, business associations, and chambers of commerce in Romania. The Romanian government will address […]
Romanian president Nicusor Dan reiterated in a speech at the 2025 Digital Governance Summit organised by Edge Institute at Cotroceni Palace and published on the Presidency's webpage, thus making it somewhat official, an invitation addressed to the "private community" to draft regulations and sectoral policies that the state is unfortunately unable to design, such as […]
Premier Energy Group (BVB: PE), a leading vertically integrated utility company in Southeastern Europe listed on the Bucharest Stock Exchange, reported its normalized revenue grew 40% y/y to EUR 1.17 billion, while normalized EBITDA rose by 36% y/y to EUR 94 million in the first nine months of 2025. On a reported IFRS basis, revenue […]
Autonom Services, a mobility services company with bonds listed at the Bucharest Exchange, has entered into a credit facility agreement with a total value of EUR 300 million, with an option to subsequently increase the facility by up to EUR 50 million. The financing was attracted from a syndicate of banks that included Banca Transilvania, […]
