The rigid approach, of tightening the fiscal environment, is the worst option that the Government can take at the present time, said Adrian Izvoranu, vice-president of the Romanian Employers' Confederation of Industry, Agriculture, Constructions and Services, on Tuesday."In general, this rigid approach, of tightening the fiscal environment, is the worst option that the Government can take at the present time. If it wants money, the finance minister must relax the fiscal environment and not harden it. He must diversify and increase his collection base. He has to have somewhere to collect, he has to computerize and upgrade its collection apparatus. And that's about it," Adrian Izvoranu told the press conference on "What do we do with Romania's economy?", organized by the Association for Economic and Social Studies and Forecasts, the Chamber of Industry and Commerce of Romania and Romanian Employers' Confederation of Industry, Agriculture, Constructions and Services".He also spoke categorically against an increase in taxation and VAT."Increasing VAT and, in general, increasing taxes is an unfortunate measure, the worst that can be taken and will never bring extra money," said Adrian Izvoranu.The Government approved, on December 30, 2024, the Emergency Ordinance on some fiscal-budgetary measures in the field of public spending, for the substantiation of the consolidated general budget for 2025, for amending and supplementing some normative acts, as well as for the extension of some deadlines.
More than 2 out of 3 Romanian consumers do not return for a second purchase, according to the new Customer Loyalty Index, a comprehensive analysis based on aggregated data from campaigns and authored by White Image, the oldest email marketing company in Romania. The Index analyzes the post-purchase behavior of Romanian consumers and highlights major […]
Fashion retailer Primark announced major plans to expand its presence in Romania, confirming four new store openings for 2026. This will double its presence in the market and create over 450 new jobs. The announcement arrived at an important moment for the company, which marked three years since the opening of its first Romanian store […]
Romania’s National Road Investment Company (CNIR) awarded on Tuesday, December 16, the contract for the design and construction of the Bacău–Piatra Neamț express road to a Romanian–Bulgarian consortium. The value of the contract is RON 5.17 billion (some EUR 1 billion), excluding VAT, and its signing will take place if no appeals are filed. The […]
Romania will host its first mixed team European Judo Championship in 2027, according to the Romanian Judo Federation. The competition will take place at a key moment in the Olympic cycle, when the points earned will directly influence world rankings and qualification for the Olympic Games, according to FR Judo. The event will...
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union […]
Carrefour Romania has expanded its proximity retail network, reaching 200 Express stores and 191 Market locations nationwide, as part of its strategy to strengthen convenience formats. The retailer announced that the 200th Carrefour Express store will open on December 22. In 2025 alone, Carrefour opened 27 Express stores, including 19 company-operated units and eight franchise […]
