Tax revenues in Romania increased by 11.0% y/y to RON 212.3 billion in January-August and accounted for 11.2% of the year’s planned GDP, up from 10.9% in the same period last year, driven by a 16.4% y/y advance in August to RON 26.7 billion after the first package of budgetary measures was implemented. In January-July, the tax revenues increased by 10.3% y/y.
In August, the volume of excise tax collected surged by 30% y/y to RON 32.3 billion, while the net VAT collected rose more...
Dracula Film Festival, Romania’s leading showcase for fantasy and horror cinema, returns this fall with its 13th edition, bringing national premieres of international productions and a wide array of competitions for filmmakers. Running from October 29 to November 2 in Brașov, the event will feature ten feature films and more than 30 short films. The […]
Bucharest has unveiled its first centralized map of museums and memorial houses, a project designed to bring the city’s cultural heritage closer to the public and encourage museum visits as part of everyday life, ARCUB announced. The map, available both in print and online, was recently launched at ARCUB – Hanul Gabroveni in the presence […]
Former presidential candidate Călin Georgescu suggested that he will return to public life at some point in the future during an interview on Monday, September 29. The far-right, pro-Russian politician withdrew from politics in May of this year, after the presidential elections were won by pro-European centrist Nicusor Dan. Back then, Georgescu said he wished […]
Romania’s Financial Supervisory Authority (ASF) has decided to prohibit DallBogg Life and Health AD, the largest Bulgarian insurer, from underwriting new insurance contracts on the territory of Romania starting October 1, 2025, Profit.ro reported. The company’s activity had previously...
The technology and engineering group Simtel (BVB: SMTL) announced the signing of a contract worth approximately RON 217 million (EUR 43 million, excluding VAT) with HEPA Energy, owned by an Israeli company. The contract covers the design, construction, and commissioning of a photovoltaic park with an installed capacity of approximately 68 MWp and a BESS […]
Targeting high-income buyers, in recent years the area has become the driving force behind Bucharest’s residential growth. Over the past decade, the Fabrica de Glucoză–Lacul Tei corridor has transformed from open fields into a dynamic residential hub, catering especially to high-income buyers. The area has become the main growth engine of the northern Bucharest residential […]
