One out of three companies in Romania will be exposed to insolvency risks if the government replaces the 16% flat tax on profit with a tax on turnover, showed a study by Iancu Guda, president of the Romanian Association of banking analysts. (Mediafax)

The unemployment rate in Romania stood at 5.5% in the first quarter of 2017, the same as in the fourth quarter of 2016, the country’s statistics board said. The jobless rate stood at 6.3% among men and at 4.4% women. By areas of residence, the jobless rate was 6.4% in …

The Governments of Bulgaria and Romania aim to modernize Danube ports, to ensure conditions for navigation and development for river transport and to build new road bridges, said Romanian President Klaus Iohannis at the Romania – Bulgaria Business Forum, an event he attended together with his Bulgarian counterpart Rumen Radev. …