05.29.2017

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05.23.2017

Romania's Senate on Tuesday adopted the bill regulating wages in the public sector, as endorsed by the chamber's labor committee. more

03.23.2017

Smart Bill, provider of billing and management accounting solutions, reported a turnover of over EUR1 million in 2016, one year after the investments from Catalyst Romania and Gecad Group. more

01.06.2017

Romanian President Klaus Iohannis on Friday signed into law the bill stipulating the elimination of 102 non-fiscal taxes, the presidential administration said in a statement. more

10.18.2016

Romania’s Chamber of Deputies on Tuesday gave its final vote on the bill regarding the conversion of Swiss franc loans into Romanian lei, with 248 ''pros,'' no cons and no abstentions. more

08.10.2016

The Romanian Government has approved a bill regarding issuers of financial instruments and market operations, which includes regulations meant to boost transparency and integrity on the capital more

06.21.2016

Recruitment drives in prisons and churches are no longer enough to cover the staffing needs of companies. more

02.03.2016

The decision to raise the required down payment for mortgage loans was because of the impact we estimate the enforcement of the new mortgage lending law will have on the risk taken by our bank and if more

01.07.2016

Romanian central bank governor Mugur Isarescu said Thursday that when re-examining the bill on giving in payment, the Parliament ought to consider the recommendations of the European Central Bank more

10.13.2015

Farmers who will form agricultural cooperatives will be exempted from the payment of income tax and the tax for the goods and assets brought to the cooperative, while the profit tax will be reduced more

08.26.2015

Romania's government approved an emergency ordinance Wednesday raising wages of staff in the public healthcare sector by 25% as of October 1. more

06.25.2015

Romania’s energy regulator ANRE on Thursday said the average electricity bill for end consumers will be 0.5% to 1% lower as of the second half of 2015. more

04.15.2015

The government wants to tax tips, which will require a separate receipt, and employers will be able to choose whether to have tips taxed as profit or distributed to employees and taxed as income. more

04.01.2015

The bill Romania paid in 2014 for Russian gas imported through intermediaries from Gazprom stood at $117 million, over four times lower than in 2013 and 14 times less than in 2008, a year when Russian more

03.19.2015

Romania’s Competition Council head Bogdan Chiritoiu on Thursday said the bill capping interbank fees for card transactions was approved by the Parliament and will be sent to President Klaus Iohannis more

02.26.2015

The cash in circulation reached an all-time high of 41 billion lei (more than EUR9 billion) last month, an increase of 16% on the same time last year. The growth in January alone stood at 2% or RON750 more

09.09.2014

Romania's Chamber of Deputies on Tuesday re-adopted a bill lowering social security contributions employers must pay for their employees, rejecting the head of state's request to re-examine the bill. more

06.03.2014

Romania's Chamber of Deputies rejected Tuesday a bill that would have allowed the mining of gold and silver in Rosia Montana, western Romania. more

03.18.2014

Between 2007 and 2013, Romania paid $7 billion to the intermediaries of Russia’s gas giant Gazprom for the natural gas imported from Russia. In the past, Russian gas covered one quarter of the local more

01.23.2014

Property financings may be included in the pool of assets used to secure covered bonds issued by Romanian commercial banks only up to 60% of the recalculated mortgage lending value, according to a more

11.07.2013

Household electricity bills will increase by 1% as of January 1, 2014, while electricity prices for industrial consumers will rise by 2%, minister-delegate for energy Constantin Nita said Thursday. more

09.26.2013

Romania’s new bill regulating transactions with farmland located outside towns will block the local land market, as some of its provisions cannot be applied, and it will turn the country into the more

09.25.2013

Romania’s Constitutional Court on Wednesday ruled the recently adopted bill allowing authorities to euthanize stray dogs is constitutional. more

09.19.2013

Unpaid utility bills due to price increases caused some of energy and natural gas suppliers in Romania to enter insolvency, Thursday said Silvia Vlasceanu, general manager of the association of more

09.17.2013

The Romanian government plans to lower the revenue cap on micro-enterprises from EUR65,000 to around EUR50,000 to get more firms into the tier of businesses that pay taxes on profit, according to a more