Romania: Romania may waive turnover tax, says PM Bolojan

November 24, 2025

Romania may waive turnover tax, says PM Bolojan
Nov 24, 2025

Romania may waive turnover tax, says PM Bolojan.

Romanian prime minister Ilie Bolojan announced on November 21 that a decision will be taken in December regarding the minimum turnover tax (IMCA) applied to companies with a turnover of EUR 50 million or more, whose 16% profit tax falls below 1% of turnover, Economica.net reported. He said (…)

[Read the article in Romania-Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

Xiaomi opens first physical store in Romania, plans further expansion in 2026 Chinese electronic giant Xiaomi has opened its first physical store in Romania as part of a broader strategy to strengthen its presence on the local market, with additional retail expansion planned for 2026. The new Xiaomi Store, located in Bucharest’s ParkLake Shopping Center, is the company’s (…)

Romania to fine retailers that deny customers replacement of faulty goods Romania will introduce new penalties for retailers that refuse to replace defective products, under a new law recently promulgated by president Nicu?or Dan. The measure requires traders to provide a replacement within 30 days when customers report that a purchased item is faulty, whether the (…)

Romanian saber fencer Vlad Covaliu named world's best in junior category for second year Romanian saber fencer Vlad Covaliu was named the best in the world in the junior category for the second consecutive year, according to a press release from Bucharest-based CS Dinamo. The winners of the 2024–2025 World Cup were awarded over the weekend at the International Fencing Federation (…)

Comes Savinesti Eyes New Export Markets Comes of Savinesti, Neamt county, a supplier of heat-transfer and pressure equipment and spare parts for chemical, petrochemical, oil and gas industries, eyes Jordan, Kuwait and Qatar for exports after having signed contracts in Azerbaijan and with major refineries of Austria.

SOCAR Petroleum Wants to Reach 200 Filling Stations in Romania in Near Future The first SOCAR filling station in Romania was opened in 2011 and so far the company has reached a network of 87 units in the wake of RON400 million investments.

Lantmà�nnen Unibake Romania Set to Double Sold Quantities in Next Two Years Viorel Ognean, general manager of Lantmännen Unibake România, a leading player on the bakery market, says 2026 will be full of challenges, but expects accelerated growth of the business he runs. „I expect to double sold quantities in the next two years,” he told ZF.

Four Romanian tech startups among the region's fastest-growing Romanian Finqware (17th), Questo (18th), Footprints AI (21st), and Steepsoft AI (28th) are among the fastest-growing technology startups in the region, included in the main category of the Deloitte Technology Fast 50 Central Europe 2025 ranking. The ranking measures the growth rate between 2021 (…)