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The Foreign Investors Council supports the modernization of ANAF through the ongoing program with the World Bank

September 28, 2016

The Foreign Investors Council (FIC) encourages and supports the modernization of the National Agency for Tax Administration (ANAF), with the support of the World Bank, through the implementation of the Revenue Administration Modernization Project (RAMP), shows a press release issued on Tuesday. “Mr. Dragos Doros, the President of ANAF, announced a variety of measures intended generally to reduce […]

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Romanian citizens exempt from visa requirements in Turkey

Romanian citizens can travel to Turkey using only their national ID card, according to a presidential decree signed by Recep Tayyip Erdogan and published in Turkey's Official Gazette.  "Romanian citizens holding a national identity document are exempt from visa requirements for tourist and transit travel to Turkey, with a maximum stay of 90 days within […]

Western Romania: Rehabilitation of Timișoara’s emblematic Studio Cinema almost complete

The Timișoara City Hall in western Romania will soon complete the rehabilitation of the Studio Cinema, located in the central area of the city. The project is valued at approximately RON 14.2 million, or EUR 2.9 million. Studio Cinema is the third cinema renovated by the Timișoara City Hall, following Cinema Victoria, which reopened in […]

LGBTI organizations in Romania ask candidates for EP elections to sign ILGA commitment

A total of 21 LGBTI organizations and groups in Romania recently made a public appeal to all politicians running in the European Parliament elections on June 9 to sign a commitment that stresses the fact that the EU must become a global leader in promoting the rights of sexual minorities. The goal was proposed by […]

NASDAQ-listed investment group Freedom Holding Corp launches stock brokerage platform in Romania

Freedom Holding Corp, a NASDAQ-listed international investment group, announced on May 21 that it launched its global stock exchange trading platform, Freedom24, in Romania. Started in 2019, Freedom24 now serves more than 250,000 clients across the EU. Freedom24 offers Romanian retail investors access to over 1 million trading instruments, including stocks, ETFs, futures, bonds, and […]

Romania drops to sixth globally in ranking of cheapest fixed internet subscriptions

Romania has lost a position and is now ranked sixth globally for the cheapest fixed internet subscriptions and second in Eastern Europe, according to a study by Cable.co.uk, which analyzed prices in 223 countries.  All countries in Eastern Europe are in the top half of the ranking, with Ukraine and Romania making it in the […]

Popeyes opens restaurant in Craiova, plans further expansion in Romania

Two years after the official opening of the first Popeyes restaurant in Romania and one month after the first unit inaugurated outside of Bucharest, in Pitești, the American fried chicken chain decided to also enter the city of Craiova. Moreover, the company said it intends to expand in more cities in Romania. The restaurant in […]