Romania has not applied to participate in any international tourism fairs, such as World Travel Market London, FITUR Madrid or ITB Berlin and checks its first absence from the London fair after 40 years, according to representatives of the National Association of Travel Agencies (ANAT) and Incoming Association Romania (AIR) in a press release on last Wednesday. In this context, the two associations draw the government's attention on the total neglect of incoming tourism in an open letter addressed to the provisional minister of economy, entrepreneurship and tourism, Virgil Popescu. According to data supplied by Eurostat, Romania recorded, in July 2021 the biggest drop of incoming tourism in EU, compared to the previous year, facing a 90% drop of the number of nights spent by foreigners in accommodation units. According to the source, the most important tourism events held abroad have already been launched and are registering participants (World Travel Market London, FITUR Madrid, ITB Berlin, etc). “ANAT and AIR request the ministry to communicate as soon as possible the strategy of Romania's promotion on long and short term and the list of international events in which the ministry will participate with stands in the rest of 2021 and in 2022. ANAT and AIR also ask representatives of the Ministry of Economy, Entrepreneurship and Tourism to speed up the publication of regulations on exhibitors' participation (licensed travel agencies, accommodation structures, promotion organizations) in Romania's national stand. Until then, Romania marks its first absence in 40 years in World Travel Market London, which will open its gates in less than two weeks”, the press release shows.
EuPlătesc, one of Romania's leading payment processors, has announced that starting in August 2025, its online payment and collection processing services will be exempt from VAT, a measure that can bring direct savings up to 21% for retailers. This benefit becomes even more important right before Black Friday campaigns, when transaction volumes and operating costs […]
The latest study conducted by Coface Romania shows that in the first 8 months of this year, 4,561 new insolvency proceedings were opened compared to 4,657 in the same period from 2024. Refused payment instruments continued to increase in the first eight months of 2025 by 10% in number and 21% in value compared to […]
Romania fell two places in the 2025 edition of the World Justice Project (WJP) Rule of Law Index, ranking 44th out of 143 countries and jurisdictions evaluated worldwide. This year's top-ranked countries are Denmark, Norway, and Finland. Romania's overall rule of law score decreased 1.2% in this year's ranking, according to the same report. Regionally, Romania […]
The United States will pull back some of its troops stationed in Romania, according to an announcement confirmed by Romanian authorities on Wednesday, October 29. According to the Defense Ministry (MApN), Romania and NATO allied countries have been informed of the US decision regarding the “resizing” of American troops in Europe. However, the troop movements are […]
Romania's High Court (ICCJ) and the Supreme Council of Magistracy (CSM) have both de facto refused to participate in consultations on the government's draft law regulating magistrates' pensions, according to Digi24. The...
Nusco Imobiliara, a Romanian real estate company that develops housing, offices, commercial spaces, and hotels, listed on October 28 on the Multilateral Trading System of the Bucharest Stock Exchange, the first issue of guaranteed corporate bonds, with a total value of RON 25 million. The NUSCO28 bonds, totaling 250,000 units, have a fixed interest rate […]
