Economic news

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3 July 19:06

Volvo Cars and Polestar have signed an agreement to jointly produce electric cars at a new plant in Slovakia from 2027.

Sources

3 July 18:31

The Ministry of Finance has proposed to increase the additional turnover tax for banks from 2% to 4%, starting July 1, 2025.

Sources

3 July 16:53

Alexandru Nazare presented a fiscal package with a positive impact, negotiated with the European Commission, estimating revenues of 9.5 billion in 2025.

Sources

3 July 14:13

The European Commission has announced a record €3.66 billion to support the energy transition in nine Member States, including Romania.

Sources

3 July 14:07

The European Union recorded a current account surplus of €114 billion in the first quarter of 2025, with 13 member states running a surplus.

Sources

3 July 08:35

The General Court of the CJEU has annulled the withdrawal of Ferrari's rights to the 'Testarossa' trademark, ruling that it had been used correctly.

Sources

3 July 08:05

OMV Petrom has confirmed the discovery of a natural gas deposit in Spineni with a production potential of 1,300 boepd.

Sources

3 July 08:05

AstraZeneca could leave the London Stock Exchange over dissatisfaction with regulations, which would significantly affect the FTSE 100 index.

Sources

3 July 07:47

Oil prices rose by 3% on Wednesday, influenced by Iran's suspension of cooperation with the IAEA and a US-Vietnam trade deal, but were tempered by rising US crude inventories.

Sources

3 July 07:13

Tesla sold 384,122 cars in Q2 2023, a 13% drop from the previous year, hurting the company's revenue.

Sources

3 July 06:20

Xiaomi won't start selling cars in international markets until 2027, focusing now on Chinese demand for its electric models.

Sources

3 July 05:53

Radu Miruță admitted that the heads of state-owned companies subordinated to his ministry earn very high salaries, including recent raises.

Sources

+8

2 July 20:54

Employers' Confederation Concordia rejects the tax hikes announced by the Prime Minister, saying they will negatively affect the private sector and citizens

Sources

+1

2 July 19:10

The Bolojan government is proposing austerity measures to manage Romania's severe budget crisis, without immediately solving the deficit.

Sources

2 July 17:58

Prime Minister Ilie Bolojan has said that banks' profits will be taxed additionally, given the high returns on capital.

Sources

+4

2 July 14:05

ANAF collected net budget revenues in the amount of 245.22 billion lei in the first semester of 2025, with an increase of 12.20% compared to the previous year

Sources

2 July 13:06

The leu appreciated on Wednesday against the euro, the dollar, the pound sterling and the Swiss franc, according to the NBR exchange rate.

Sources

2 July 12:37

Romania will allocate 5% of its GDP to the Ministry of Defense, investing in strategic highways for the rapid mobilization of military technology.

Sources

2 July 12:20

STB has started the purchase of six automatic crane systems, estimated at almost 4 million lei, to improve public transportation.

Sources

+3

2 July 10:57

Experts warn that raising VAT from 9% to 19% will block access to housing for many Romanians, in a market already hit by inflation.

Sources

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