The Government has approved the Ministry of Development's proposal to allocate RON 484 million (€96 million) from the budgetary reserve fund to finance airport infrastructure investment projects.
Romania continued to record the highest inflation rate in April, which was more than double compared to the euro area rate.
The World Bank projects that economic growth in the Europe and Central Asia region will decelerate in the coming years, while Romania will stay on a growth path.
The average dividend yield proposed for shareholders' voting for a selection of companies within the BETPlus index is 4.8%, according to a Tradeville report.
Romania's exports to the United States in 2024 exceeded €2.28 billion, while imports from the US reached €1.31 billion, resulting in a trade surplus of €968 million.
The United States is Romania's second-largest non-EU trading partner, after the United Kingdom.
In 2022, Romania recorded the highest VAT collection deficit in the European Union (EU), losing 30.6% of VAT revenues. However, this percentage is 4.2% lower compared to 2021.
The authorities are preparing to launch more than 15 separate funding lines, with allocations ranging from €50,000 to more than €57M.
European Industrial SMR Alliance selects newcleo as one of the projects to be supported.
The Public Country-by-Country Reporting Directive (Public CbCR) was published in the Official Journal of the European Union (EU) on 1st December, 2021.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.