The government on Monday announced the adoption of the emergency ordinance aimed at curbing budget deficit to 7% in 2025, as undertaken before the European Commission.
The special construction tax will not be levied unless enforcement guidelines have been issued first and the finance minister has had talks with the major companies that have investments planned, Prime Minister Marcel Ciolacu said at the Victoria Palace on Monday.
Kastamonu Romania, controlled by Türkiye’s Kastamonu Entegre, forecasts it will end the current year with turnover of around EUR160 million amid a positive market evolution in 2024.
Viarom Construct, owned by Marius Daniel Badina, expects it will end the current year with turnover worth around RON264 million (EUR53 million), up 35% from 2023, in line with ZF calculations based on company and Finance Ministry data.
Romania’s state-run national gas transmission company Transgaz has earmarked EUR4.16 billion for 13 major investment projects related to gas transmission, scheduled for completion in 2025-2033, in line with data included in the Development Plan for the National Gas Transmission System.