Publicat pe 14/01/2025

Bucharest, January 14, 2025: The President of the Chamber of Commerce and Industry of Romania (CCIR), Mr. Mihai Daraban, participated on January 14 this year at the press conference on the theme “What are we doing with Romania’s economy”, organized by the National Chamber, the Association for Economic and Social Studies and Forecasts and the Confederation “Romanian Patronage”.

At the opening of the press conference, current topics were addressed, with a direct impact on the Romanian economy, such as: the value of the trade deficit for 2024, the level of foreign investments, tax changes, the administrative reorganization of Romania.

“The administrative reorganization of Romania was an issue that CCIR has brought to public attention since 2022. It is very important for the Romanian economy to reduce the level of public spending and thus have a comfortable budget and be able to offer tax facilities to investors. We are in dire need of investments in production lines for consumer goods. Paradoxically, we are a country that consumes media in very large quantities, but no televisions are assembled in Romania. However, to bring these investments, we must be attractive. Unfortunately, we are not Hungary, a country that still has land and can still offer strategic investors facilities in terms of the land necessary for the construction of a factory. Romania has probably also given back the lithosphere. Highly qualified labor is a thing of the past for us. Thus, tax incentives would be the only thing we could still use to attract investors. But how can you offer tax incentives against the backdrop of these huge budget deficits? The Romanian State must understand that the capacity of the business environment to pay additional taxes has been somewhat exhausted and that the time has come to reduce public spending as much as possible”, declared the president of the CCIR, Mr. Mihai Daraban.