In a profoundly unstable economic and social climate, Federația Patronală a Energiei (FPE) draws attention to the fact that the measures proposed in the Draft Emergency Ordinance for amending and supplementing Law no. 227/2015 on the Tax Code, regulating certain fiscal budgetary measures, as well as amending and supplementing certain normative acts have been drafted in the absence of transparent consultation, without sufficient time for analysis and without a genuine social dialog with the representatives of the economic environment.
The Federation considers that these initiatives violate the principles of good governance, ignore recent promises made by the Government in its relations with employers and risk distorting competition, discouraging investment and affecting the functioning of a strategic sector for the economy.
At the same time, maintaining additional taxes in the oil and gas sector and introducing new tax measures will have negative effects on the entire energy market.
FPE expresses its firm opposition to extension Emergency Ordinances No 5/2013 and No 6/2013, while maintaining turnover tax applicable to the oil and gas sector, measures that increase over-taxation and seriously affect strategic economic sectors. These decisions deepen fiscal instability and undermine the industry's ability to sustain long-term investment.
In a regional and international context marked by fierce economic competition, Romania needs a strong industry, supported by a stable and predictable energy sector. Unpredictable fiscal policies, adopted without consultation and without a coherent vision, weaken economic competitiveness and jeopardize energy security.
And ensuring energy security and the transition to green technologies requires massive investments, which are impossible in an unstable fiscal climate. Maintaining a predictable fiscal framework is not a formal request from industry, but a prerequisite for sustainable economic development.
The Federation emphasizes that the energy industry has consistently demonstrated its responsibility by contributing 48.8 billion lei to the consolidated general budget, an increase of 62% compared to the previous year. However, this contribution was mainly driven by an accelerated increase in additional taxation, particularly in the gas sector.
FPE asks the Government for real consultation and time for analysis on the draft GEO amending the Tax Code
In this context, FPE explicitly calls for a real, substantive and constant social dialog, where industry's positions are heard and integrated into the decision-making process. Adequate time is needed for analysis, impact assessments and genuine consultation, not decisions adopted in haste without sound economic rationale.
At the same time, the Federation emphasizes that any significant tax changes must be announced at least 6 months in advance and integrated into a multi-year fiscal policy calendar, which provides the economic environment with the necessary predictability for investment planning and long-term development.
In the absence of these principles, Romania risks losing strategic investments, jobs and development opportunities in a vital sector for the economy.
Requests FPE:
- Initiate real and transparent consultations with representative industry and employers;
- Adopt predictable fiscal policies, announced in advance and integrated into a coherent multiannual framework;
- Reconsider the proposed tax measures in light of the real economic impact.
Federația Patronală a Energiei reaffirms its willingness to actively contribute, with expertise and concrete data, to building a balanced, sustainable and forward-looking fiscal policy for the benefit of the Romanian economy.
Federația Patronală a Energiei, founded in 1991, is a promoter of the actions necessary for Romania to enjoy abundant, affordable and environmentally friendly energy.
Federația Patronală a Energiei represents 95% of Romania's oil and gas industry and is gaining increasing relevance in the field of renewable energy and emission reduction technologies, in pace with their development in our country.
Our mission is to make the interests of the private sector and how they can be harmonized with national and European Union objectives known to European and national institutions, stimulating dialogue. Another objective is to inform and educate the general public and prepare them for the new realities in the energy field.
