The incentive for attracting foreign tourists to Romania, known as the incoming tourism incentive, should be reintroduced in 2027, depending on budgetary constraints, as the state funds allocated for this purpose are 'very well invested,' interim Tourism Minister Irineu Darau said Monday.'As concrete measures, I believe we need to find ways in 2027 to bring back the incoming tourism incentive. We will see what is possible depending on budgetary constraints, but I believe that some state budget funds spent on reinstating the incoming tourism incentive, at an appropriate level, would be very well invested. It is guaranteed that a foreign tourist brought to Romania leaves far, far more than a few dozen euros. Of course, directly in the HoReCa sector, but also through the taxes they indirectly pay to the state,' Irineu Darau said at the launch of the sixth edition of the study White Paper on Tourism in Romania 2026.He also argued for measures that would give HoReCa companies greater flexibility regarding employment contracts.'Another point I have raised recently and would like to reiterate here is that we should find and reinstate appropriate measures to give HoReCa companies greater flexibility regarding employment contracts, particularly in view of the seasonal nature of the industry. Once again, through dialogue with the industry and through dialogue with you, I will try to advocate for these two measures. Without populism, and depending on budgetary possibilities, we should provide these two breaths of fresh air, which I consider necessary if we genuinely want next year to be one of revival, both for tourism and for the HoReCa sector,' the minister added.IMM (SME) Romania produced the sixth edition of the White Paper on Tourism in Romania 2026 in partnership with Groupama and the Ministry of Economy, Entrepreneurship and Tourism (MEDAT).
The first heavy snow hit Romania’s famous Transfăgărășan high-altitude road, forcing road workers to intervene with snow-clearing equipment and anti-skid material. The Brașov Regional Directorate of Roads and Bridges (DRDP) announced on Friday, October 16, that a layer of snow has formed on the road, particularly in the highest areas. “Heavy snowfall on DN7C – […]
The National Liberal Party (PNL) and its allies in Save Romania Union (USR) called for the establishment of a parliamentary committee for administrative-territorial reform on Thursday, October 15. The two parties, set to form the opposition in the event of an investiture vote for the Luca Niculescu government, had their request approved by the Joint […]
Real estate developer One United Properties (BVB: ONE) announced on Friday, October 16, that it has appointed Cătălin Jalobă as Group Chief Financial Officer. He will take office on December 17. In this role, Jalobă will lead the group’s finance function, including financial strategy and planning, accounting and reporting, treasury and financing, cost control, taxation […]
One of the largest banks in Romania, Raiffeisen Bank, listed a new corporate bond issue, its tenth overall, worth a total of RON 750 million on the Exchange’s Regulated Market on Friday, October 16. The bank listed 1,250 senior preferred, unsecured corporate bonds with a nominal value of RON 600,000 each and a fixed coupon […]
More than 1.5 million people participated in the 2026 edition of Open Streets – Bucharest, Urban Promenade, according to municipal cultural center ARCUB. The program ended on October 11 after running for 24 weekends. Organized by the Bucharest City Hall through ARCUB, the project included 226 activities. These comprised more than 100 workshops and interactive […]
Bucovina, a region in northeast Romania, topped Time Out’s newly updated list of the world’s most underrated travel destinations for 2027. Relatively unknown, particularly to foreign travelers, Bucovina was placed first among 41 destinations around the world. The London-based travel recommendations magazine highlighted the region’s painted monasteries and ancient forests to motivate...
