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134 new news items in the last 24 hours
  1. Home
  2. Economy

Răzvan Balaban from Philip Morris emphasizes the importance of predictability for Romanian entrepreneurs, especially in the context of international regulations.

Mircea Medaru
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18 September 2025, 18:05
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Economy
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At the NewMoney.Talks event, Răzvan Balaban highlighted that Romanian entrepreneurs, including those in the tobacco industry, are seeking predictability in European and international regulations. He emphasized Romania's crucial role in international negotiations, considering the impact of decisions on the national economy. Balaban mentioned that decisions made in small circles can significantly affect companies in the sector, including small and medium-sized ones that depend on large producers.

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Răzvan Balaban evidențiază nevoia antreprenorilor de a avea predictibilitate

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Philip Morris International has invested over 1.1 billion dollars in Romania, mostly in the factory in Otopeni, converted for smoke-free products. Over 90% of production is intended for export.
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Ilie Bolojan highlights the essential role of the private sector for the economic development of Romania.
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