Category: Uncategorized

The unemployment rate recorded by the National Employment Agency (ANOFM) in July was 3.19%, slightly higher (by 0.03 pp) than in the previous month. A total of 254,464 people were unemployed at the end of July, the institution said. Most unemployed people were aged between 40 and 49 (63,579), followed by those over 55 years…

The Ministry of Economy announced on August 27 that it would halt the process of receiving submissions for positions in the boards of directors of state-owned companies (SOE) “due to the impressive number of applications.” It said it received over 2,000 CVs in less than a week, an amount that “exceeds the human resources currently…

Romanian president Nicușor Dan has strongly condemned the assault of an Asian food delivery worker in Bucharest, calling it an intolerable act of xenophobic violence and urging authorities to treat it as a hate crime. He said, “Anyone living and working here deserves protection and equal treatment. It is not hate that defines us Romanians,…

Romania’s state postal operator Compania Nationala Posta Romana reported a 10.6% increase in revenue to RON 896 million (EUR 179 million) in the first half of 2025, but its net profit fell to RON 13.24 million from RON 16.82 million a year earlier. Total revenues rose 12% to RON 936.6 million, but expenses climbed faster…

Real estate developer, investor, and operator Prime Kapital has secured a EUR 85.5 million refinancing facility from Erste Group Bank AG for Argeș Mall, located in Pitești, in southern Romania.  Developed by Prime Kapital, the mall opened in April 2024 with over 51,000 sqm of gross leasable area. It has a tenant mix comprising over…

Courier company Cargus has partnered with Agroland, a national network of stores for farmers and households, to expand its parcel pick-up and drop-off network by 245 delivery points.  A total of 100 Cargus SHIP & GO points will be set up in the Agroland network and will become operational by the end of this year.…

Poultry Investment, with Romanian and Hungarian investors, and Authentic Meat, a Romanian company specializing in meat processing and preparation, have joined forces to enter the ready-to-cook segment. The newly created company, Meat Partners SRL, has introduced, under the Puiul de Crăiești brand, the Bistro range of ready-to-cook products. Currently, the line includes breaded schnitzels and…

Westlake Corporation (NYSE: WLK) announced it has entered an agreement to acquire the global compounding solutions businesses of the ACI/Perplastic Group, a Portugal-based global manufacturer of specialty materials serving the wire and cable sectors, Profit.ro reported. The transaction, which helps expand Westlake’s offerings, is expected to close in early 2026, subject to customary closing conditions,…

Romania plans to significantly increase taxes on cryptocurrency and stock market gains, with the government preparing to take responsibility for a draft law that will raise the respective tax rates starting next year, according to Profit.ro. The measures are part of a wider package of fiscal changes aimed at increasing the state’s tax revenues. The…

Romania will increase the VAT exemption threshold for small enterprises to RON 395,000 (approximately EUR 78,000) from RON 300,000, starting September 1, 2025, the Finance Ministry announced following government approval of emergency legislation to amend the Tax Code. The measure implements EU Directive 2020/285, which aims to harmonize taxation across Europe and reduce administrative burdens…