Romania and Rheinmetall seal €500 million defence investment deal
The Romanian state has signed a deal with Rheinmetall for a strategic investment in the national defence industry exceeding €500 million.
The Romanian state has signed a deal with Rheinmetall for a strategic investment in the national defence industry exceeding €500 million.
The government has committed to a stable tax environment for the next fiscal year, officially confirming that the VAT will not be increased.
The Romanian government has set a budget deficit target of 8.4% of GDP for this year, as agreed with representatives from the EC, according to PM Ilie Bolojan.
Romania's Government aims to double the special turnover tax for banks to 4% as part of a wider fiscal package designed to balance public finances.
Romanian PM Ilie Bolojan announced on Wednesday a raft of measures designed to support the reduction of the country's budget deficit.
The new Government led by PM Ilie Bolojan has been voted in Parliament, raising 301 votes from Senators and Deputies.
Romanian President Nicușor Dan on Friday nominated the interim leader of the National Liberal Party (PNL), Ilie Bolojan, for the position of PM.
Cătălin Predoiu has been named Interim PM following the resignation of Marcel Ciolacu. The appointment was approved by Interim President Ilie Bolojan.
Romania's Social Democrat PM Marcel Ciolacu resigned on Monday evening, citing dwindling support for the ruling government coalition following Sunday's first round of presidential elections.
The IT&C sector has a contribution of nearly 8% to the Romanian GDP, according to a message from interim president Ilie Bolojan.
lie Bolojan, president of the Senate, will become president of Romania, with limited powers, until the May elections.

Romanian software company Arobs Transilvania Software has signed an agreement to acquire Quest Global Romania, the local unit of global engineering services provider Quest Global Engineering Services.
Enterprises across Europe and the Middle East have moved from AI pilots to scaled implementations, with nearly half of AI proof-of-concepts already in production.
In 2024, the average price of 1 hectare of arable land in the EU reached €15,224, reflecting a 6.1% increase from the previous year.
Penny continues its national network expansion with the opening of a new store in Bacău. With this opening, the Penny network reaches 462 units nationwide.
The Confidex index has dropped from 51.3 to 47.2 compared to the previous edition, marking the largest decrease since the study's launch with nearly 7 percentage points, returning to a level comparable to H1 2021.