Romania

Romania loosens surplus tax on OMV Petrom

Romanian President Klaus Iohannis promulgated the revised law that lays down a "solidarity contribution" from the “excessive profits” of energy…

3 years ago

Czechia, Hungary, Estonia top for employment in CEE – Eurostat report

Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently…

3 years ago

Romanian farmers hold nationwide protest

Farmers are organising protests across Romania on Friday 7 April to express dissatisfaction with the European Commission (EC) approach market…

3 years ago

Polish PM backs alliance with Romania, Ukraine

Prime Minister Mateusz Morawiecki laid out his hopes to build a new economic community in Central and Eastern Europe (CEE)…

3 years ago

CEE leaders say EU may need to reintroduce farm tariffs on Ukraine

Romania, Poland, Hungary, Bulgaria and Slovakia expressed concern in a letter to the European Commission (EC) on Friday over an…

3 years ago

Hungary could decouple from Russian gas – report

Hungary could realistically replace Russian gas imports, according to local analysts, who say its dependence is reliant on the will…

3 years ago

Mixed prospects in region for pay-TV industry, new research finds

The number of pay TV subscribers in Eastern Europe will decline by 8mn from its peak of 81mn in 2018,…

3 years ago

Inflation swallows up pay hikes in Romania

The average net salary in Romania was RON 4,254 (EUR 864) in January 2023, up 15% year-on-year, but down RON…

3 years ago

Romanian investments up in 2022 – PM

Net investments in the Romanian economy were 150.1 billion leu (EUR 3.06bn) in 2022, up 8.5% on the previous year,…

3 years ago

Enel to sell Romanian arm in EUR 1.26bn deal

Enel will sell its Romanian operations to Greek group Public Power Corp (PPC) for EUR 1.26bn, the Italian utility group…

3 years ago