The government will support companies that supply themselves from Ukraine, Russia and Belarus and who will be reducing production if they cannot bring raw materials from these countries, Minister of Labor Marius Budai said, on Wednesday, in the briefing at the end of the Government sitting."For the moment there are no cases of companies with such problems. But there will probably be cases of companies, you saw the case of TMK Artrom, where we were involved and we intervened so they can receive their wages, if any problem comes up in the supply chain and they have no raw materials left, production certainly is reduced, then we have need for social protection," said Budai.Social protection is both for the employer, as well as the employee, he emphasized."The employer is supported not to conduct layoffs. The state takes over part of the costs for employees. We are going on that format of 75 percent that was used in the pandemic. The Emergency Ordinance will be available until December 31, 2022 and if it's the case, we'll extend it," said the minister."We started with Ukraine and Russia, but we found out that there are countries with contractual obligations with Belarus and we introduced that country as well," he said.
The National Bank of Romania (BNR) ended 2024 with a profit of roughly RON 3.8 billion (EUR 760 million), a 58% increase compared to the previous year, despite the operations it performed to maintain the national currency's stability. The figures, published in a report on Monday, June 23, show that operating costs for 2024 were […]
Over half of Romanians trust the United States and the United Kingdom, according to the Informat.ro - INSCOP Research Barometer conducted between May 26–30, 2025. Only 11% trust Russia, with higher levels of trust from among far-right voters of the Alliance for the Union of Romanians (AUR) party. The United States is trusted by 52.8% […]
Prahova County launched construction on a major cycling infrastructure project aimed at connecting local vineyard towns and promoting green mobility and sustainable tourism. The initiative, titled “Establishment of Bicycle Lanes on Bachus’s Route,” represents an investment of over RON 25 million, with RON 21 million coming from non-reimbursable funds provided by the Environmental Fund Administration. […]
Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania. The Desk combines a highly qualified German team of lawyers with an interdisciplinary Romanian team of […]
Last week, the BBC reported that Romanian authorities have launched an investigation into Tristan Tate, brother of controversial internet personality Andrew Tate, over allegations he broke election laws by posting political content on social media during the recent presidential elections. The investigation, opened by the Ilfov county police according to the British newspaper's sources, is […]
Bucharest is facing growing environmental challenges, with traffic-related air pollution, shrinking green spaces, and worsening climate impacts threatening the health and well-being of its residents, according to the latest “State of the Environment in Bucharest” report released by the Bucharest Community Foundation through the Environmental Platform for Bucharest. For example, air pollution has already reached […]
