Romanian tax agency ANAF has put up for sale the factory of infamous disinfectant-maker Hexi Pharma. The company was involved in a major scandal regarding diluted disinfectants delivered to hospitals years ago.
The controversial company, now in insolvency, has debts of RON 17.6 million to the Romanian state, and the Prosecutor's Office attached to the High Court of Cassation and Justice is among those seeking to recover money.
To pay for those debts, the tax authority is trying...
Vastint Romania has officially launched the second phase of its flagship urban regeneration project, Timpuri Noi Square, in Bucharest. The new development will add over 60,000 square meters of gross leasable area (GLA), doubling the office and commercial capacity of the complex to a total of 112,000 sqm. The expansion includes two new Class A […]
Roberta Metsola, the president of the European Parliament, received the Timișoara Award for European Values on Thursday, May 22. The prize honors figures who support European values. A jury of five gave Metsola the award. Iulia Motoc - a judge at the International Criminal Court, Cristian Măcelaru - music director of the National Orchestra of […]
Romania has received two additional F-16 Fighting Falcon aircraft from Norway, marking the latest delivery in the country’s ongoing effort to modernize its air force. The jets landed on Thursday, May 22, at the 71st Air Base “General Emanoil Ionescu” in Câmpia Turzii, the Ministry of Defense announced. The delivery is part of a broader […]
During the past years and increasingly in the last months, Romania was subject to a sustained campaign of manipulation and informational interference of foreign origin aimed at influencing the country's public opinion and, more recently, its elections, according to a Romanian Foreign Ministry note. This campaign is still ongoing and has all the hallmarks of […]
There was no retail project completion in Q1 in Romania, but the delivery pace significantly picked up in April and May, when roughly 150,000 sqm of new schemes opened (including one super-regional shopping center – Mall Moldova – in Iasi). This area represents 80% of the entire 2024 new supply, according to data from real […]
DN AGRAR Group (BVB: DN), Romania's largest integrated livestock farm and leading producer of cow milk, closed the first quarter of 2025 with a turnover of RON 51 million (EUR 10 million), an increase of approximately 27% compared to the same period last year. The growth was fueled by an increase in both the volume […]
