National Union of Romanian Employers calls for holiday vouchers to be maintained

Business Forum
The National Union of Romanian Employers (UNPR) supports the approach of tourism employers asking not to abolish vacation vouchers, because it would have "catastrophic consequences" for Romanian tourism.

"While other countries are investing heavily in tourism and developing clear policies to support the sector, Romania's government prefers to cut, ignoring the economic and social consequences of its decisions. In a stable market economy, holiday vouchers would be considered a strategic investment that stimulates the economy, keeps money in the country and contributes to a healthy economic climate. The eventual elimination of holiday vouchers would set Romania back 20 years, undoing all the progress made in these years," reads the UNPR press release.

The elimination of the holiday vouchers, the press release says, will freeze or cancel investments in tourism infrastructure, new and modernized 4 and 5-star hotels that are in the pipeline will no longer be built, but it will also cancel the success of the last years in eliminating black tourism.

Also, as the number of classified establishments has doubled in the last 10 years, the foreign exchange balance will be severely affected, with billions of euros going to Greece, Turkey, Bulgaria instead of staying in the country.

"Unions are anticipating riots by employees who will be deprived of bonuses, salary increases and vacation. The employees' health, need for recuperation, treatment or rehabilitation does not matter to the government," the statement said.

The source notes that the elimination of vouchers would have "catastrophic consequences", namely a 30-40% drop in revenues from tourism, a vital sector for the Romanian economy, the disappearance of opportunities for thousands of Romanians - especially those with modest incomes - to have access to vacations, recovery treatments or rest. Loss of confidence among private investors, who will be forced to downsize or close their businesses, thus contributing to rising unemployment.

Last but not least, it would have a negative impact on other related industries - transport, catering, culture and leisure - which depend on tourism for their survival.

"This protest joined by employers, federations, alliances, tourism associations and trade unions is a wake-up call to the government: Leave the holiday vouchers!" concludes the UNPR in the statement.

RECOMMENDED
Romanian hotel industry hits record stays in 2025
Real estate

Romanian hotel industry hits record stays in 2025

Romania's hospitality industry recorded the highest number of hotel nights in three decades during 2025, according to Colliers' annual report. Despite a challenging economic backdrop in H2 2025, interest in Romanian travel remained strong, particularly among foreign tourists who generated nearly 5 million overnight stays.

Radisson Blu Bucharest achieves Breeam In-Use Excellent rating
Real estate

Radisson Blu Bucharest achieves Breeam In-Use Excellent rating

Radisson Blu Hotel, Bucharest has earned Breeam In-Use Excellent rating for Asset Performance and Management Performance, becoming the first 5-star hotel in Bucharest to reach this level. This independent certification places the hotel among best-practice performers in Romania for building sustainability.

RECOMMENDED FROM THE HOME PAGE
Industry

Sphera Franchise Group posts sales growth in Q1 2026

Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.

Finance

BT posts 30% profit jump in Q1 2026

Banca Transilvania (BT) said its consolidated net profit reached RON 1.14 billion lei (€228 million) in Q1, representing a 30.1% increase compared to the same period last year. Total assets for the group expanded to RON 227 billion lei (€45.4 billion) as the institution neared the milestone of five million active customers.

Real estate

Arcadis signs major lease at Business Garden Bucharest

Vastint Romania has announced a new leasing contract with Arcadis Romania, which will occupy 1,183 sqm in building A of Business Garden Bucharest. The global design, engineering and consultancy company joins a growing community of international tenants at the development.

READ MORE
Business Forum  |  22 May, 2026 at 6:00 PM
Business Forum  |  22 May, 2026 at 1:20 PM