Several bilateral documents were signed at the end of today's joint meeting of the Romanian and Turkish governments held in Ankara, in the presence of Prime Minister Marcel Ciolacu and President Recep Tayyip Erdogan:- Agreement between the Government of Romania and the Government of the Republic of Turkey on gainful activities of family members of members of diplomatic missions and consular posts;- Agreement between the Government of Romania and the Government of the Republic of Turkey regarding urban planning cooperation;- The Administrative Arrangement regarding the implementation of the Romania - Republic of Turkey Social Security Agreement;- Memorandum of Understanding between the Romanian Ministry of Economy, Entrepreneurship and Tourism and the Turkish Ministry of Culture and Tourism regarding tourism cooperation;- Memorandum of Understanding between the Romanian Ministry of Economy, Entrepreneurship and Tourism and the Turkish Ministry of Industry and Technology;- The protocol between the Government of Romania and the Government of the Republic of Turkey regarding the education and training of law enforcement personnel.The government delegation accompanying Prime Minister Marcel Ciolacu on his official visit to Ankara includes Deputy Prime Minister Marian Neacsu, Foreign Affairs Minister Luminita Odobescu, National Defence Minister Angel Tilvar, Minister of Transport and Infrastructure Sorin Grindeanu, Justice Minister Alina Gorghiu, Education Minister Ligia Deca, Minister of Economy, Entrepreneurship and Tourism Radu Oprea, Minister of Development, Public Works and Administration Adrian Vestea, Minister of Agriculture and Rural Development Florin Barbu, Health Minister Alexandru Rafila, Minister of Labor and Social Solidarity Simona Oprescu, president of the National Veterinary and Food Safety Authority Alexandru Bociu.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
