04.05.2017

Romania will contract a loan of EUR60 million from the International Bank for Reconstruction and Development (IBRD) to finance a project aimed at enhancing legal services, according to a bill more

02.27.2017

Romanian Prime Minister Sorin Grindeanu had a meeting on Monday with a delegation of the consortium made of ExxonMobil and OMV Petrom, led by vice-president of ExxonMobil Development Company, David more

02.09.2017

The Romanian government has discussed on Thursday the setting up of the Sovereign Fund for Development and Investment (FSDI), aimed at developing and financing profitable and sustainable investment more

02.07.2017

AmCham Romania warns that it is detrimental for Romania to reach budget targets by cutting investments or changing the fiscal policies which impact directly and immediately the business community. more

02.07.2017

The foreign portfolio investment in Romanian government paper fell to 21.2 billion lei (EUR4.7 billion) towards the end of last year and non-residents’ share of domestic public debt fell to 16.8% in more

02.01.2017

Romanian government adopted the state budget for 2017, Finance Minister Viorel Stefan said late Tuesday, after the Cabinet meeting. more

01.23.2017

The economic decisions approved by the Romanian government in the last three weeks have negative consequences for millions of employees and hundreds of thousands of companies, as they were made more

01.04.2017

Romania's new Cabinet, led by Sorin Grindeanu, on Wednesday received the Parliament's endorsement with 296 votes in favor and 133 votes against. more

12.29.2016

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12.15.2016

The pension point will be raised by 5.25% starting January 1, 2017, through emergency ordinance, Romania’s Labor Minister Dragos Pislaru said Thursday evening. more

11.09.2016

The Romanian government approved in its Wednesday meeting a decision regarding measures to set up the safety stocks of the national electric-energy system, called the winter program. more

10.25.2016

The Romanian Government will challenge the law regarding the conversion of Swiss franc loans into Romanian lei at the Constitutional Court, according to government sources. more

08.10.2016

The level of emergency stocks of crude oil and/or of oil products that must be set up for 2016 and maintained under Law no. 360/2013 was set at 1,238,183 tons of oil equivalent (toe), according to a 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

08.03.2016

The Romanian government will adopt the budget revision in the government session on August 10; meanwhile it is opened to public debate on the website of the Finance Ministry, government spokesperson more

06.29.2016

Prices of locally produced natural gas will stagnate at the current value of RON60/megawatt hour (MWh), from July 1, 2016 until March 31, 2017, said Romanian Energy Minister Victor Grigorescu. more

06.21.2016

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

05.31.2016

The former government was more actively involved in working with the business sector than the current one, Dragos Anastasiu, chairman of the transport and travel group Eurolines and one of the more

05.26.2016

Last year was the best since 2012 in terms of dividends paid by the companies in which the Energy Ministry is minority or majority shareholder, 1.7 billion lei (EUR377 million). The dividends paid more

05.18.2016

Romania’s Agriculture Ministry allocates approximately RON1.7 billion, from privatization proceeds, to make faster subsidy payments to farmers. more

04.06.2016

Salaries of more than half of public sector employees in Romania will rise on average 5% starting August 1, 2016, Government spokesperson Dan Suciu said Wednesday. more

03.23.2016

The Romanian Government on Wednesday decided that towns and communes can take out loans from the State Treasury within a maximum amount of RON400 million, in order to complete projects of up to EUR5 more

02.24.2016

Romania's government will discuss a draft law Wednesday toughening rules concerning the manufacture, presentation and sale of tobacco and related products, which includes a banning menthol and more

02.18.2016

The Romanian Government has assigned over RON105 million to facilitate the closure of uncompetitive coal mines within state-run mine closing company Societatea Nationala de Inchideri Mine Valea Jiului more

01.06.2016

The Romanian government will draft a list of at least ten state-run companies that will get corporate management and it will also improve the selection process, government spokesperson Dan Suciu said more