Author: Alexandru Popescu
PSD President, Sorin Grindeanu, said on Wednesday that all the construction sites related to medical and transportation infrastructure must have funding secured in this year's budget, so that the pace of work allows, in particular, the completion of the objectives included in the PNRR. Grindeanu had a meeting at the Parliament Palace with the PSD team in the Government, ministers and Deputy Prime Minister Marian Neacșu, where they discussed the state budget for 2026. The economic recovery program must be adopted as quickly as possible, together with the reform of the administration, because procrastination is measured in thousands of lost jobs and closed companies! Besides...
Romanian-owned companies dominate the top 5,000 largest companies in Romania, accounting for 53% of the total, but the figures show significant differences between the country's regions, according to PwC Romania's analysis of Romanian entrepreneurship. The distribution of the top 5,000 companies across Romania's historical regions highlights a remarkable concentration of local entrepreneurship in Moldova, Dobrogea and Oltenia, where local companies account for more than three-quarters of the total. By contrast, in the Bucharest-Ilfov region, foreign companies are in the majority, while in Transylvania the ratio between foreign and local capital is balanced, says Ionuț Simion, Partner at PwC...
On January 30, the government approved a new ordinance amending existing regulations in the field of spatial planning and urbanism. The new regulations reduce bureaucracy by authorizing construction works, public utility works and community services - announced Minister of Development Cseke Attila. The minister added that the new provisions speed up Romania's development process by de-bureaucratizing and making transparent the processes in the field of urban planning and making the public authorities responsible for this area more accountable. The measures adopted today eliminate the inconsistent practices of entities issuing permits and agreements, strengthen procedural discipline for both beneficiaries and public authorities, and support construction...
The contract for Lot 3 of the Oradea-Arad express road was signed on January 29 with the Turkish company Nurol, which will have to execute the 47-km stretch in 24 months at a cost of 2.85 billion lei. With a total length of 120 kilometers, only section 3 from Chișineu-Criș to Arad was not contracted. Today we signed the contract for the execution of Lot 3 (47.07 km) of this strategic express road for Romania. This is a key moment, marking the fact that the entire high-speed connection between Arad and Oradea is now covered by contracts...
The unemployment rate in December 2025 was, in seasonally adjusted form, 6%, equal to the value recorded in November 2025, according to data from the National Institute of Statistics, according to Agerpres. The unemployment rate for women was 0.2 percentage points higher than for men. According to the NSO, the number of unemployed (aged 15-74) estimated for December 2025 was 493,700 people, equal to the previous month (493,700 unemployed in November), but up from the same period of the previous year (462,700 unemployed in December 2024). By gender, the unemployment rate...
The European Bank for Reconstruction and Development (EBRD) invested a record EUR 955 million in 37 projects in Romania in 2025, a significant increase from the EUR 707 million invested in 44 projects in 2024, reports a press release from the financial institution. This is the highest annual business volume ever recorded in Romania since the EBRD started investing here in 1992 - a truly amazing demonstration of the confidence of our clients, the commitment of our team and the strength of the Romanian economysaid EBRD Country Director for Romania Victoria Zinchuk. The...
IMM Romania calls for the introduction of the obligation to register workplaces only for those with a minimum of five employees and located in a TAU other than the registered office. The Ministry of Finance has put in public debate the draft GEO for the completion of Law no. 207/2015 on the Fiscal Procedure Code, as well as some fiscal-budgetary measures correcting the provisions of Law no. 245/2025, which oblige companies that have a secondary establishment with at least one employee to apply for tax registration of that entity as a payer of salaries. IMM Romania supports the completion of the draft by introducing the obligation to register workplaces only for those...
The 22 autonomous trolleybuses purchased with 70 million lei in non-reimbursable funds have arrived in the country. They are parked at Ciolpani, at the supplier's headquarters, and will be moved to the Bucureștii Noi depot after the final adaptations have been made, the Bucharest City Hall announced. ”The tests follow, for the reception of each trolleybus, then, from spring, you will be able to travel with them, on line 86. The trolleybuses are some with autonomy, which means that they can run without power from the electricity grid for a distance of at least 20 km.” The vehicles are 12 meters long and have a carrying capacity of 93...
Forty-four years ago, photovoltaic panels were still in their infancy, and the idea to build the first grid-connected photovoltaic panel installation didn't come until 1982, with its inauguration in 1984 in Switzerland. The amazing thing is that the plant is still working today, almost 42 years after it was installed. By the early 1980s, some countries more open to new technologies, such as Switzerland, had begun to use photovoltaic panels for more isolated buildings such as mountain shelters in the Alps, and their energy was used only locally, for small consumption needs, writes PiataAuto.md. But it was the Swiss who...
Raiffeisen Bank Romania ended 2025 with a net profit of 1.75 billion lei, up 4% from the previous year, according to a press release from the bank. The bank's total assets exceeded RON 88.6 billion, up by 8% year-on-year. Operating expenses advanced by 6% year-on-year. The 2025 results reflect an accelerated growth, which reinforces Raiffeisen Bank's attractiveness on the market and confirms the trust that customers place in us every day. We have a solid financial performance, the result of a strong growth strategy, underpinned by growth in both savings and...