Romanian business associations have renewed their call for the elimination of the minimum tax on turnover (IMCA) ahead of the 2026 state budget discussions, citing significant negative impacts on investment decisions.
Romania's government has proposed a new fiscal package aimed at reducing the budget deficit, which includes significant changes to profit taxation for multinational companies.
Romania's Minister of Finance Alexandru Nazare has announced changes to the tax regime of multinational firms as part of a wider effort to increase revenues to the budget.
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.
EY Romania has announced the promotion of Răzvan Ungureanu to Partner within its Tax Advisory department, effective July 2025.
Representatives of Romanian banks are opposing the Government's intention to introduce another supplementary tax on the profits generated by credit institutions.
Government representatives have participated in a series of consultations with Romania's international financial partners to analyze latest financial and economic developments.
As of April 2020, Romania has been in the excessive deficit procedure (EDP), as a result of exceeding, in 2019, the 3% budget deficit limit set in the Stability and Growth Pact (SGP).
The taxes paid online represented almost 60% of the total value of local taxes paid with Visa cards in 2023.
Romania emerged as the most dynamic mergers and acquisitions (M&A) market in Central and Eastern Europe (CEE), recording 9% growth in transaction numbers during 2025.
Romania's Ministry of Investments and European Projects (MIPE) and the Investment and Development Bank (BID) signed a financing agreement on 30 March 2026 for the Just Transition Participation Fund (FPTJ).
The World Bank's Board of Executive Directors has approved a €544 million Development Policy Loan to support Romania's efforts to restore fiscal sustainability, enable private sector-led growth and foster job creation.
Hanwha Aerospace Romania has presented an industrial package worth €1.3 billion aimed at strengthening Romania's defence capabilities and positioning the country as a production and innovation centre in the European defence industry.
Banca Transilvania, Romania's banking leader, has completed its largest cross-border financing to date with a €50 million loan for Hampton by Hilton Venice Isola Nuova. The loan, provided through BT Italia branch, refinances the hotel's development costs.