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Romania’s Ministry of Finance has devised a plan to offer fiscal amnesty to taxpayers with outstanding debts and incentives to those who pay their taxes on time, Nicolae Ciucă, the president of the National Liberal Party (PNL), announced on Thursday, August 29.  Under the new measures, individuals and businesses who have not yet settled their…

The first half of 2024 saw a dynamic increase in the delivery of new retail projects, adding roughly 106,000 sqm to Romania’s total stock – more than three times the amount delivered during the same period last year, according to a Colliers’ report.  The second half of the year also looks promising, with around 250,000…

The second edition of the Night of Museums in Villages event will be held this Saturday, August 31, in roughly 128 localities in 31 counties across Romania.  Unique in Europe, the project organized and run by the National Network of Museums in Romania highlights the rural cultural heritage by bringing together, presenting, and promoting more…

Seven out of ten Bucharest residents believe that the main priority for the future of their city is the creation of a greener and more sustainable urban environment, according to the MKOR study “The Ideal Bucharest – From Sustainability to Innovation, 2024.” Reducing pollution and expanding green spaces are at the top of the list,…

CTP, a leading developer, owner, and manager of industrial and logistics properties, unveiled its first CTBox building in Romania, located within the largest industrial park in Central and Eastern Europe, CTPark Bucharest West. This facility introduces an innovative concept that “has already proven successful in other international markets,” the company said. CTBox offers plug-and-play warehouse…

A Romanian and a Serb have been charged in the US with being part of a years-long conspiracy to perpetrate “swatting” attacks and bomb threats against several victims, including senior government officials. Romania’s Thomasz Szabo, 26, and Serbia’s Nemanja Radovanovic, 21, are each charged with one count of conspiracy, 29 counts of threats and false…

Premier Energy Group (BVB: PE), a key player in the energy market in Southeast Europe, listed on the Main Market of the Bucharest Stock Exchange, reports EUR 512.4 million in revenues in the first six months of 2024, a 10% year-on-year (YoY) increase, with normalized revenue standing at EUR 534.8 million, a 21% YoY increase.…

  The global index provider FTSE Russell released on Friday, 23 August, the indicative results of their semi-annual review that will become effective starting September 2024. The shares of the Transport Trade Services (TTS) company will be included in the FTSE Global All Cap indices, as a Small Cap. Thus, as of September, Romania will…

InterCapital Securities, the largest broker on the Zagreb Stock Exchange, has officially joined the Bucharest Stock Exchange (BVB) as its newest trading member.  The firm will focus on providing market-making services and analysis for Romania’s top companies, commonly referred to as “blue chips,” rather than concentrating on the retail market.  “After years of trading on…

Romania recorded only one company classified as a “zombie” in 2023, representing just 1.4% of the 78 active listed companies analyzed, according to new data from Kearney’s annual zombie report.  This figure is significantly lower than the global average of 5.8%. Romania is also in a stronger position compared to its Central and Eastern European…