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Latest Business News from Romania

tax-cuts-to-help-romania-improves-economy-01-04-2016
05 Jan 16

New Year Tax Cuts Take Force in Romania

Romania has started new year 2016 with some important - but potentially risky - tax cuts, including a significant drop in VAT.

romania-still-pays-for-soviet-era-investment-in-ukraine-12-09-2015
10 Dec 15

Ukraine's Unfinished Plant Drains Romania's Cash

Romania is continuing to spend money on a unfinished steel plant in Ukraine, where work started decades ago and but shows no sign of being completed.

romania-to-build-reactors-with-chinese-money-10-16-2015
19 Oct 15

Romania to Build Reactors With Chinese Money

Romania is to sign an agreement with a Chinese company to construct two new nuclear reactors as the country seeks to boost its energy security.

romania-remains-open-to-gmo-cultivation-10-05-2015
06 Oct 15

Romania Spurns Trend Towards Banning GM Crops

Two-thirds of EU countries may have opted out new European legislation allowing the growth genetically modified organisms, GMO - but Romania has decided against a ban.

volkswagen-emissions-scandal-to-hit-romania-10-02-2015
05 Oct 15

Romania to Bill Volkswagen Over Emissions Scandal

Romania intends to claim damages from Volksvagen over the emissions-cheating revelations, but it also fears that the scandal may damage its own economy.

romania-looks-for-a-new-imf-deal-09-30-2015
01 Oct 15

Romanian Bank Chief Backs New IMF Deal

The respected head of the national bank says Romania needs a new deal with the International Monetary Fund, IMF, as a form of insurance against potential turbulence.

romania-must-amend-privatisation-law-ec-says-09-09-2015
09 Sep 15

Romania Told to Amend Privatisation Law

The European Commission has urged Romania to change its privatisation law in order to drop provisions that could be seen as allowing state aid.

eu-to-financially-support-western-balkans-08-28-2015
31 Aug 15

Europe to Fund Balkan Transport, Energy Projects

Following the Vienna summit, the Western Balkans has been promised 200 million euro in co-financing for 10 transport and energy projects, to improve growth and energy security.

romania-parties-forge-on-with-tax-cuts-08-21-2015
21 Aug 15

Romania Parties Forge on With Tax Cuts

Parliament due to vote by end of month on new fiscal code, slashing VAT, which critics say could blow a hole in budget.

romania-s-capital-airport-hit-by-strike
15 Jul 15

Air Traffic Strike Grounds Bucharest Airport

First ever strike of Romanian air traffic controllers blocked all flights to and from Bucharest for two hours on Wednesday.

croatia-s-industrial-production-growth-biggest-in-eu
15 Jul 15

Croatia Cheered by Rise in Industrial Production

Croatia's industrial production grew by 2.6 per cent in May, the fastest growth of industrial production in the EU, according to the EU statistics agency Eurostat.

region-carefully-brace-for-greek-referendum-results
06 Jul 15

Balkan States Weigh Impact of Greece’s ‘No’

Officials in the Balkans are weighing up the potential impact of the Greek referendum result on their countries amid warnings that a deepening of the crisis could damage economies in the region.

grexit-most-likely-to-affect-romania-s-eurozone-plans
03 Jul 15

Greek Crisis Delays Romania's Eurozone Plans

Romania will have to further postpone its plans to join eurozone as the crisis in Greece tests the solidity of the single currency, experts say.

romanian-pancake-truck-owner-hailed-for-commitment
25 Jun 15

US Toasts Sweet Success of Romanian Entrepreneur

A young woman who turned her passion for pancakes into a small but thriving business has seen her achievement recognised by the US embassy in Bucharest.

german-company-to-build-plant-in-romania
16 Jun 15

German Company to Build Plant in Romania

The German cleaning equipment producer Kaercher is to invest 20 million euro in a new plant in southern Romania.

Politics and Society

romanians-would-welcome-authoritarian-leadership-02-11-2016
12 Feb 16

Romanians Yearn for Rule by Vlad the Impaler

If an election was held in which only figures from the past could compete, many Romanians say they would vote for the tough medieval prince who crucified his enemies.

Culture and Lifestyle

hit-book-paints-grim-picture-of-uk-romanians-02-08-2016
08 Feb 16

Hit Book Paints Grim Picture of UK Romanians

The bleak lives of failed Romanian immigrants who camp in the London underpasses are brought sharply into focus in a new warts-and-all account of immigrant London.