Romania News

Romania News – Friday 15/07/2022

POLITICS

-Romania’s Foreign Minister Bogdan Aurescu will co-chair on Friday in Bucharest, together with his German counterpart Annalena Baerboc and France’s Minister of State for Development, Francophonie and International Partnerships Chrysoula Zacharopoulou, the second ministerial conference of the International Moldova Support Platform.

-The government adopted on Friday the final version of the ordinance amending the Tax Code; certain measures will come into force on January 1, 2023 and others are to come into effect on August 1, 2022, Finance Minister Adrian Caciu announced at the briefing that followed the Executive’s meeting.

ECONOMY

-Romania may register an economic growth of 3.8% this year and 3% in 2023, Ionut Dumitru, chief economist of Raiffeisen Bank said at a meeting with the press.

-Non-residents’ direct investments in Romania stood at EUR 3,787 million in Jan.- May 2022 (compared with EUR 2,471 million in January – May 2021), according National Bank of Romania (BNR) data.

COMPANIES & MARKET

-Romania’s two car plants Dacia Mioveni and Ford Craiova produced 39,822 vehicles in May, up 11.59% compared to the same month a year ago, data from the country’s carmakers association ACAROM showed.

-In H1 2022, the volume of jobs published by recruiting platform BestJobs increased by 50% against 2021, reaching 230,000 opportunities for 1.1 million candidates.

-The number of companies with foreign capital in Romania jumped 35.1% in the first five months of 2022, compared to the same period a year ago. However, the foreign capital of the new companies stood at USD 17.2 million, down 20.2% y-o-y.