Romania has received a positive opinion from the Organization for Economic Cooperation and Development (OECD) regarding corporate governance, said Corina Cretu, interim president of the Agency for Monitoring and Evaluation of Public Enterprises Performance (AMEPIP), on Saturday."In the three months since I have been acting as interim president of AMEPIP, I have managed, together with the team from the Government and the institution, to fulfill all the requirements of the European Commission regarding the operational functioning of the institution: publishing the minimum performance indicators for state-owned enterprises; collecting all points of view, drafting the text that was adopted by Government Decision on the Property Law, which will be debated in Parliament; adopting and publishing the procedure for controlling and applying sanctions for enterprises that do not fulfill their minimum obligations regarding profit or indicators or selection procedures for the Board of Directors," Corina Cretu wrote on Facebook.She mentioned that she has also resolved all the emergencies, including all the final reports of the companies belonging to the almost 1,400 local authorities."The OECD assessment is positive regarding our work on corporate governance, and this, as I said, was announced on Thursday in Paris, mentioned in the OECD Assessment Report," Cretu mentioned.Corina Cretu said she was certain that regarding the selection process of the new management, organized by an independent commission, the Government will make a rigorous analysis and will decide in the coming days how to proceed.
There are 17 legal public holidays in Romania in 2026, and 12 of them fall on weekdays. This means employees will have more time off without using their annual vacation days. The year begins with the possibility of an extended break, as January 1–2 fall on Thursday and Friday, while January 6–7 (the feast days […]
Chimcomplex, a producer and supplier of chemicals, has appointed Ștefan Vuza as Chief Executive Officer. The decision aims to “ensure direct coordination of the transformation process underway at Chimcomplex and to strengthen the company’s ability to navigate an economic context marked by strong pressure on competitiveness,” the company said. Chimcomplex, specializing in polyols, chlorosodium, and […]
FIRST, a new Romanian-developed digital real estate platform, launched on the local market with a technology-driven system that, the company says, is designed to help users make faster, more informed property decisions. Available as of this autumn, the platform uses updated data, advanced search filters, and lifestyle-based presentation tools to give buyers and renters clearer […]
Cargus, the first courier company on the Romanian market, is expanding its Ship & Go out-of-home delivery network through a new partnership with Carrefour, adding nearly 450 pick-up and drop-off points inside the retailer’s stores. More than 150 Carrefour hypermarkets, supermarkets, and Express locations will join the network by the end of this year, with […]
Romania’s national railway operator, CFR Călători, will introduce its new 2025–2026 timetable on December 14, adding direct Budapest–Bucharest services and restoring the Vienna Westbahnhof connection as part of a broader update to international and domestic rail operations. The new schedule, valid until December 12, 2026, includes more than 1,150 daily trains. ...
The average price per square meter requested by real estate developers and owners for residential units in Romania increased by 15% in 2025, with the highest rise seen in Craiova, according to a survey conducted by Imobiliare.ro, as reported by Profit.ro. ...
