Tax arrears in Romania's national aggregate budget increased by 5.46% in March 2022 on a monthly basis, from 166.32 million lei to 175.4 million lei, according to data published on the website of the Ministry of Finance (MF).Arrears of more than 90 days increased by 23.8%, from 51.7 million lei to 64 million lei, while arrears of more than 120 days decreased by 1.46%, from 61.7 million lei in February to 60.8 million lei in March 2022. On the other hand, arrears in excess of 360 days decreased from 52.9 million lei to 50.7 million lei (-4 .16%).According to the same data, arrears in the local administration budgets increased by 2.1%, from 149.17 million lei in February to 152.29 million lei in March.Arrears longer than 90 days increased by 17%, to 57.1 million lei, those longer than 120 days decreased by 3.56%, to 54.3 million lei, and those longer than 360 days decreased by 7.26%, reaching 40.9 million lei.In the chapter "state and autonomous budgets," arrears increased from 17.15 million lei in February to 23.11 million lei in March 2022 (-34.75%).Arrears over 90 days increased by 138%, to 6.9 million lei, those over 120 days increased by 18.52%, to 6.4 million lei, and those longer than 360 days advanced 11.36%, to 9.8 million lei.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
