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.
Purcari Wineries announced a major step towards the completion of the voluntary public takeover bid by Maspex Romania.
Gas Transmission System Operators (TSOs) from Greece, Bulgaria, Romania, the Republic of Moldova, and Ukraine have signed a joint letter requesting their national energy regulators.
MOL Group has announced its financial results for Q3 2025, achieving a $503 million profit before tax, which remained flat year-on-year.
BCR has partnered with the Investment and Development Bank (BID), becoming the first financial institution to sign a portfolio guarantee convention aimed at funding SMEs.
The volume of retail trade in Romania saw a significant drop in September 2025, registering a -2.1% decrease compared to the same month in the previous year.