In brief

  • CNIT’s 2026 budget now has approval. The Ministries of Economy, Finance and Labour have approved, by joint order, the budget of the company Centrul Național de Învățământ Turistic “CNIT” S.A. (National Centre for Tourism Education): revenue of 10.13 million lei and expenditure of 10.40 million lei.
  • A planned loss, with no money from the state budget. The budget forecasts a loss of 269,500 lei, while subsidies and transfers from the state budget are zero. A third of revenue, 3.35 million lei, comes from European funds.
  • Who is affected. The company, its 14 employees, its management and supervisory bodies, suppliers and trainees. The budget reaches the Official Gazette of Romania (Monitorul Oficial) on the 315th day of the year, with 50 days left until 31 December 2026.
Act: Order of the Minister of Economy, Digitalisation, Entrepreneurship and Tourism, of the Minister of Finance and of the Minister of Labour, Family, Youth and Social Solidarity no. 1.762/1.497/1.611/2026 approving the 2026 revenue and expenditure budget of the company Centrul Național de Învățământ Turistic “CNIT” S.A.
Published: Official Gazette of Romania, Part I, no. 938 of 11 November 2026, pages 14-16
In force from: 11 November 2026, the date of publication

The National Centre for Tourism Education “CNIT” S.A., the state-owned vocational training company for tourism under the authority of the Ministry of Economy, Digitalisation, Entrepreneurship and Tourism, has had its 2026 budget published in the Official Gazette of Romania since 11 November 2026. Joint Order no. 1.762/1.497/1.611/2026, published in Official Gazette of Romania no. 938 of 11 November 2026, follows a pattern already seen this autumn at other state-owned companies, whose 2026 budgets were approved 295 days into the year. Here the approval comes even later: on the 315th day of the year.

The annex records total revenue of 10,131.6 thousand lei, almost all of it operating revenue (10,130.7 thousand lei), and total expenditure of 10,401.1 thousand lei. The difference is a gross loss of 269.5 thousand lei, which is also the net loss, because corporate income tax is zero. The rows for subsidies and for transfers from the budget are filled in with 0.0, so the company’s money comes from its own activity and from EU-funded projects worth 3,347.2 thousand lei.

The order has two articles: Article 1 approves the budget in the annex, and Article 2 orders its publication. It is signed by the Minister of Economy, Digitalisation, Entrepreneurship and Tourism, Daniel-Cătălin Zamfir, by the Minister of Labour, Family, Youth and Social Solidarity, Petre-Florin Manole, and, on behalf of the Minister of Finance, by Secretary of State Florin-Alexandru Zaharia. The three numbers carry three different dates: 23, 28 and 30 October 2026.

What it changes in practice

The approved budget becomes the ceiling within which CNIT may commit its expenditure for 2026. By structure, the figures in the annex are as follows:

  • Goods and services: 4,052.0 thousand lei.
  • Other operating expenses: 4,094.6 thousand lei.
  • Staff: 1,874.3 thousand lei, of which salaries of 1,264.8 thousand lei, bonuses of 60.0 thousand lei, expenses for the mandate contract and for management and supervisory bodies, commissions and committees of 509.5 thousand lei, and employer contributions of 39.9 thousand lei.
  • Taxes, duties and similar payments: 380.2 thousand lei.
  • Investment: 136.7 thousand lei, with no allocations from the budget.

The company has 14 employees, both as an average headcount and at year-end. Average monthly earnings per employee, calculated from salary-related expenses (salaries plus bonuses), are 7,885.7 lei. Labour productivity is 723.6 thousand lei of operating revenue per employee, and for every 1,000 lei it takes in, the company spends 1,026.6 lei.

From the European funds, eligible expenses of 3,347.2 thousand lei are split into salaries (2,370.4 thousand lei), other expenses (655.8 thousand lei), services (240.6 thousand lei), material expenses (75.6 thousand lei) and advertising and publicity (4.8 thousand lei).

For 2026 no amounts are planned for dividends, payments to the state budget, employee profit-sharing or covering losses from previous years. Overdue payments and overdue receivables are recorded as zero.

What has changed compared with the previous situation

Until 11 November 2026, CNIT had no 2026 budget approved by the three ministries in the Official Gazette of Romania. The order settles this for the last 50 days of the year. As its legal basis, it cites Article 4(1)(b) of Government Ordinance no. 26/2013 on strengthening financial discipline at state-owned economic operators.

The date matters. According to the preamble of Emergency Ordinance no. 43/2026, the 2026 budgets of economic operators “au putut fi aprobate” (could be approved), under Article 4(71)-(73) of the same ordinance, until 31 October 2026. The last signature on the CNIT order, that of the Ministry of Finance, is dated 30 October 2026, one day before this deadline. Publication followed 12 days later. We covered the other measures in the ordinance in our article on Emergency Ordinance no. 43/2026.

The annex contains only the column “Propuneri an curent 2026” (proposals for the current year). It has no column with the 2025 budget or its execution, so the published text does not show how 2026 compares with the previous year.

Advantages and disadvantages

What it improves

  • The company has a legal spending framework for the rest of 2026, approved by all three ministries that sign the order.
  • The budget asks for no money from the state budget: subsidies, transfers and investment allocations are zero.
  • The totals add up: revenue, expenditure, gross result, average earnings and productivity follow exactly from the rows of the annex.
  • No overdue payments or overdue receivables are recorded.

What remains a problem

  • The budget is approved after 86% of the year has passed, so the ceiling applies to expenses that have largely been made already.
  • The company plans a loss of 269.5 thousand lei and provides no source to cover it.
  • Expenses for the mandate contract and for management and supervisory bodies, 509.5 thousand lei, amount to 38.5% of the salary-related expenses of the 14 employees.
  • The annex does not show how salaries paid from European funds (2,370.4 thousand lei) relate to salaries in the general budget (1,264.8 thousand lei).

Practical advice

  1. If you are a CNIT supplier, the ceiling for goods and services for the whole of 2026 is 4,052.0 thousand lei. New contracts concluded by 31 December 2026 must fit within what remains of this amount.
  2. If you follow the spending of state-owned companies, you can compare the budget with the annual financial statements that CNIT files with the Ministry of Finance, which are public. The company’s unique registration code, given in the annex, is 24979799.
  3. If you are a CNIT employee, the average monthly earnings of 7,885.7 lei are an average of salary-related expenses across 14 employees, bonuses included. They are not the base salary of any particular position.
  4. If you are a trainee or want to take a CNIT course, the order changes nothing in the training offer. It only approves the company’s financial framework.
  5. The full text of the order and the annex, reproduced in facsimile, can be found in the official PDF of Official Gazette of Romania no. 938/2026, on pages 14-16.

Frequently asked questions

Does CNIT receive money from the state budget through this order?
No. The rows for subsidies and transfers are filled in with 0.0, and budget allocations for investment are also zero. The order approves the own budget of a state-owned company: its revenue comes from its activity and from projects funded by the European Union.
Why do three ministries sign?
The order is issued under Article 4(1)(b) of Government Ordinance no. 26/2013 and the government decisions on the organisation of the three ministries. It is signed by the Minister of Economy, Digitalisation, Entrepreneurship and Tourism, under whose authority CNIT operates, the Minister of Finance (through Secretary of State Florin-Alexandru Zaharia) and the Minister of Labour, Family, Youth and Social Solidarity.
How many employees does CNIT have and how much do they earn on average?
The budget provides for 14 employees, both as an average and at year-end. Average monthly earnings calculated from salary-related expenses are 7,885.7 lei per employee.
How large is the planned loss?
The gross and net results are minus 269.5 thousand lei, that is 269,500 lei. Total revenue is 10,131.6 thousand lei and total expenditure 10,401.1 thousand lei.
From what date does the budget apply?
The order applies from publication, 11 November 2026, and covers the whole of 2026. It was signed on 23, 28 and 30 October 2026, and the last signature predates the deadline of 31 October 2026 mentioned in the preamble of Emergency Ordinance no. 43/2026.

Editorial analysis

The order does its formal job: the budget is approved by joint order of the three ministries, and the figures in the annex reconcile. The totals check out by calculation: 10,130.7 plus 0.9 gives revenue of 10,131.6 thousand lei; the four categories of operating expenses add up to exactly 10,401.1 thousand lei; 1,324.8 thousand lei divided by 14 employees and by 12 months gives average earnings of 7,885.7 lei. The only discrepancy is 0.1 thousand lei between the sum of the components of staff expenses (1,874.2 thousand lei) and the recorded total (1,874.3 thousand lei), a rounding difference that changes no amount owed.

The real problem is the timing. The order received its last signature on 30 October 2026, one day before the 31 October deadline mentioned in the preamble of Emergency Ordinance no. 43/2026, and reached the Official Gazette of Romania on the 315th day of the year. An annual budget that becomes public with 50 days of the financial year left works as a record of expenses already made: for 86% of the year the company operated without a published ceiling. Seven days passed between the first and the last signature, and another 12 between the last signature and publication, so almost three weeks were taken up solely by the circuit between the ministries and the Official Gazette of Romania.

The second observation concerns the structure of expenditure. The mandate contract and the management and supervisory bodies cost 509.5 thousand lei, that is 38.5% of the salary-related expenses of the 14 employees and more than a quarter (27.2%) of all staff expenses. Salaries paid from European funds, 2,370.4 thousand lei, are 1.87 times the salaries row in the general budget, 1,264.8 thousand lei. The annex does not say in which row of total expenditure these amounts are recorded, nor who is paid from them if the headcount stays at 14. A reader cannot reconcile the two figures from the published text.

What should be changed

  • Publishing the budget in the first quarter of the year. A ceiling known from March would allow spending to be controlled during the year; one published in November merely records it.
  • A column with the previous year’s execution in the annex. With the 2025 figures alongside, anyone could see whether the loss of 269.5 thousand lei is a deterioration or an improvement, and the ministries could justify the approval more easily.
  • An explicit link between the European funds rows and total expenditure. A note showing in which rows the 2,370.4 thousand lei for project salaries is recorded, and how many people are paid from it, would remove the ambiguity between the two salary figures.
  • Measures to cover the loss. A budget approved with a negative result should indicate how the loss is to be covered, so that the shareholder knows whether it will fund it later or carry it forward.
  • Correcting the formula in row 1. The form reads “Rd.1=Rd.2+Rd.5+Rd.6” (“Rd.” stands for row), yet row 6 is total expenditure; the amount entered corresponds only to rows 2 and 5. A correct formula in the template would avoid a needless question on every budget published in this format.

Original text of the legal act

The text below is reproduced in Romanian, the official form of publication.

The full text, as published in the Official Gazette of Romania

Official Gazette of Romania no. 938 of 11 November 2026, pages 14-16 16 pages PDF, 137 KB the act starts on page 14

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This article is for informational purposes only and does not constitute legal advice. For specific situations, consult a licensed attorney or tax advisor.