Category: Uncategorized
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Romania’s Sarom Packaging invests EUR 3 mln in premium wine bottle collection
Sarom Packaging, a leading local and regional glass packaging manufacturer, has invested over EUR 3 million in launching a new collection of wine bottles destined for premium brands. This marks the first initiative of its kind in the European market from a domestic glass packaging manufacturer, the company said. Sarom Packaging’s CEO Jacques-Edouard Săvoiu said…
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Bucharest to purchase 22 new non-polluting trolleybuses with European funds
Bucharest will add 22 more non-polluting trolleybuses to its public transport fleet, using European funds allocated through the National Recovery and Resilience Plan (PNRR), mayor Nicușor Dan announced. The total estimated cost of the project is RON 71.5 million. The procurement contract has already been published on the national electronic procurement platform (SEAP) and includes…
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Romania’s Harghita County receives European Region of Gastronomy 2027 title
Harghita County in central Romania has been awarded the title of European Region of Gastronomy for 2027 by the International Institute of Gastronomy, Culture, Arts, and Tourism (IGCAT) during a festive event held Thursday evening, February 6, in Miercurea-Ciuc. Harghita County Council president Biro Barna Botond noted that the title represents an opportunity for Harghita…
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Competition body to clear sale of Telekom Romania Mobile to Vodafone and Digi in H1
Romania’s Competition Council will clear the sale of Telekom Romania Mobile to Vodafone and Digi most likely in the first half of the year, but conditions will be imposed on the two buyers related to the degree of coverage and signal quality, the president of the Competition Council, Bogdan Chiriţoiu, said on February 6 quoted…
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Romania sees OECD membership possible in 2026
All the 12 chapters under assessment as part of the OECD membership negotiations have been successfully completed in 2024, announced on February 6, Luca Niculescu, State Secretary at the Ministry of Foreign Affairs and National Coordinator for Romania’s accession process to the OECD. “I was happy to learn today that we have successfully completed all…
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Romanian minister admits disbursements under Resilience Facility at risk due to sluggish reforms
Minister of investments and European projects Marcel Bolos admits that the disbursement of loans and grants related to the third request under the Resilience facility (EUR 3 billion) is at risk due to the Constitutional Court’s ruling on the so-called special pensions (the country pledged to alleviate their macroeconomic impact) and government’s failure to appoint…
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Romanian employers’ association Concordia argues against progressive taxation
The flat tax rate contributed to an additional increase in GDP per capita, had a positive impact on broadening the middle class, and reduced tax evasion – which led to a more equitable distribution of income, according to a report conducted by ASE at the request of the employers’ confederation Concordia and quoted by Cursdeguvernare.ro.…
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Romania’s FinMin says IMF not suggesting austerity measures
Finance minister Tanczos Barna denied rumors related to tax rate hikes or other austerity measures suggested by the expert team of the International Monetary Fund (IMF) currently (February 3-7) in Romania under a ‘routine’ visit to assess the country’s economy, Hotnews.ro reported. There is a consensus among independent analysts that further corrective fiscal measures of…
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Carrefour Romania temporarily cuts prices as regional boycott wave spreads
Carrefour Romania announced a temporary price reduction campaign on a selection of products amid calls for a supermarket boycott by isolationist politicians, following the model seen in Croatia, where consumer protests led to sales declines of up to 50%.. The retailer will apply discounts of 5% to 25% on 1,500 products from February 7 to…
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Romania’s former Liberal leader and PM Nicolae Ciucă reportedly considered for top seats in intelligence services
Former National Liberal Party (PNL) leader and prime minister Nicolae Ciucă is under consideration for the role of director of the Romanian Intelligence Service (SRI) or the Foreign Intelligence Service (SIE), according to political sources cited by G4media.ro. Ciucă, a retired army general, resigned as senator on 5 February without providing a reason. He was…