Category: Uncategorized
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Romania to amend legislation for foreign workers
The government will radically amend the legislation on foreign labour and repeal the current law, said Ciprian Văcaru, state secretary at the Ministry of Labour, Family, Youth and Social Solidarity (MMFTSS), as reported by Economedia.ro The new law for migrant workers could be applied from January 1, 2026. According to him, the new regulatory act…
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Romania to ban salary-pension cumulation in the public sector
The Romanian government is preparing an emergency ordinance to ban salary-pension cumulation in the public sector, according to the document consulted by Economedia.ro. The draft ordinance includes other measures to reduce spending in public administration, such as suspending secondments and transfers. The topic has constantly returned to the public agenda and is linked to the…
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No final decision on cutting 10% of central administration payroll in Romania
Although the Romanian ruling coalition announced a principle agreement over cutting by 10% the payroll of the central administration, no formal agreement has been drafted yet, and the technical specifications are not yet clear. In any case, it seems broadly agreed that the ministries and other central administrative units will be given flexibility in deciding…
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Romania’s BlueSpace Technology set to unveil VLAH combat vehicle
Romania’s BlueSpace Technology is preparing for the first public presentation of its VLAH (Hydramatic Autonomous Combat Vehicle) prototype, scheduled for the first half of December, according to a press release cited by Bursa.ro. The 4×4 armoured vehicle is the first of its kind to be designed and produced entirely in Romania. Launched in 2022, the…
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Romanian distribution group Sipex builds its own production facility under EUR 20 mln project
The construction materials distribution company Sipex (BVB: SPX), traded at the Bucharest Stock Exchange, announced it will begin next year the construction of a dry mortars and thermal insulation materials factory in Ariceștii Rahtivani, Prahova County. The project will involve EUR 20 million of investment. The company said it has “all approvals for the submission…
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German company Limoss reportedly plans new factory in Romania
The German company Limoss plans to open an electronic components factory in Romania, through a greenfield investment, which would employ up to 500 employees, according to Profit.ro. The targeted area is the city of Ineu, Arad County, which has just lost its main employer and contributor to the budget – the automotive component manufacturer Aptiv.…
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Romania’s electricity production shrinks by 6% y/y in January-September
The total electricity production in Romania contracted by 6% y/y to 37.2 TWh in January-September, according to data from the statistics office INS. The hydropower units’ output plunged by 23% y/y to 8.86 TWh, and the production of the wind farms contracted by nearly 10% to 4.19 TWh. The PV parks generated 38% y/y more…
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Romania ends World Cup qualifiers with 7–1 win against San Marino
Romania closed its 2026 World Cup qualifying campaign with a 7–1 victory over San Marino on Tuesday night, November 18, finishing the year on a high in front of home supporters at the Ilie Oană Stadium in Ploiești. Despite the decisive win, the national team ended Group H in third place, behind winners Austria, who…
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Bucharest street closed to traffic after revelation that it was built over a gas pipeline
A street in Bucharest’s District 3 has been closed to traffic after the state-owned gas network operator Transgaz warned that it had been built over natural gas pipelines in violation of safety standards. Brățării Street was allegedly built by the District 3 City Hall in the area without proper measures in place. Vehicular traffic over…
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Daniel Turbatu, Paysera Romania: Account-to-Account Payments are rapidly becoming mainstream
Paysera is strengthening its position in Romania by targeting a gap long overlooked by traditional banks: affordable, fully digital financial services for small and medium-sized businesses. In an interview with Romania Insider, Daniel Turbatu, Country Manager of Paysera Romania, says the company’s biggest advantage remains its free business account, which can be opened entirely online…