Romania News

Romania News – Tuesday 23/08/2022


-The impact of the Ordinance on salary increase in the budgetary sector is a bit over 2 billion RON by the end of this year, Labour Minister Marius Budai told TV channel Digi24 on Monday.

-Transport Minister Sorin Grindeanu said on Monday about the situation at Romania’s flagship air carrier Tarom that the company’s chance to be saved is a plan agreed upon with the European Commission (EC), which should not be shortchanged.

-Presidential advisor Luminita Odobescu took part on Monday in the high-level meeting entitled Kyiv Initiative, together with the Head of the Office of the President of Ukraine and counterparts from Estonia, Latvia, Lithuania, Poland, Slovakia and Hungary.


-The building tax will increase from next year, both for individuals and legal entities, and only in certain exceptional cases it will remain unchanged from 2022, according to an analysis conducted by Deloitte and submitted on Monday to AGERPRES.

-The number of job vacancies in Romania increased by more than 16% in the second quarter of 2022 y-o-y, going from 39,504 to 45,976, National Statistics Institute data show.

-Romania’s Finance Ministry raised RON307 million from banks on Monday, via a government paper auction with a nominal value of RON300 million due in April 2036, at an annual average yield of 8.05%.


-Romania’s investment fund Fondul Proprietatea will launch IPO of 19.94% in Hidroelectrica by mid-2023 according to the government.

-UK’s fintech Revolut announced it will start giving consumer loans in Romania, its second biggest market worldwide.

-Romania produced 600,550 tons of cabbage in 2020, making it the third largest producer in the European Union after Germany and Poland, United Nations’ Food and Agriculture Organization (FAO) statistics showed.