Prime Minister Marcel Ciolacu said on Monday that the government is amending Romania's legislation on the corporate governance of state-owned enterprises and thus entirely fulfilling an essential milestone in the country's National Recovery and Resilience Plan (PNRR)."We are repealing all exceptions and applying these corporate rules to state-owned enterprises in the defence industry, as well as in the case of RA-APPS," the prime minister said at the beginning of a government meeting.Letter a) in Article 1 (6) regulating the exemption of the RA-APPS corporation managing state-owned real estate from Government Emergency Ordinance 109/2011 will be repealed.At the same time, the requirement regarding the additional security check for the selection of the members of the boards of directors in the field of the national defence and security industry should also apply to the selection of the members of the board of directors of state-owned enterprises dealing with the administration of state-owned property and real estate provided by RA-APPS that also entails requirements in the field of national safety and security.
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Roughly 70% of Romanians are “very” or “moderately” concerned about how AI accesses and uses their data, according to the latest survey conducted by RoCoach in partnership with Novel Research between May and June 2025. Distrust in automated decision-making and the demand for regulation are becoming more pronounced, as Romania rolls out major digitalization projects […]
The Armenian Street Festival returns for a 9th edition between August 1 and 3, 2025, in the “Dimitrie Brândză” Botanical Garden in Bucharest. The festival brings into focus the living heritage of the Armenian community in Romania and the diaspora. According to the organizers, this year’s edition aims to strengthen the Bucharest–Chișinău–Yerevan cultural axis, articulated […]
The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
Arrivals recorded in tourist accommodation structures in Romania, including apartments and rental rooms, in the first five months totaled 4.49 million people, up 0.8% compared to the same period in 2024, according to data from the National Institute of Statistics. Of the total number of arrivals during this period, Romanian tourists accounted for 80.8% and […]
