Romania has received a positive opinion from the Organization for Economic Cooperation and Development (OECD) regarding corporate governance, said Corina Cretu, interim president of the Agency for Monitoring and Evaluation of Public Enterprises Performance (AMEPIP), on Saturday."In the three months since I have been acting as interim president of AMEPIP, I have managed, together with the team from the Government and the institution, to fulfill all the requirements of the European Commission regarding the operational functioning of the institution: publishing the minimum performance indicators for state-owned enterprises; collecting all points of view, drafting the text that was adopted by Government Decision on the Property Law, which will be debated in Parliament; adopting and publishing the procedure for controlling and applying sanctions for enterprises that do not fulfill their minimum obligations regarding profit or indicators or selection procedures for the Board of Directors," Corina Cretu wrote on Facebook.She mentioned that she has also resolved all the emergencies, including all the final reports of the companies belonging to the almost 1,400 local authorities."The OECD assessment is positive regarding our work on corporate governance, and this, as I said, was announced on Thursday in Paris, mentioned in the OECD Assessment Report," Cretu mentioned.Corina Cretu said she was certain that regarding the selection process of the new management, organized by an independent commission, the Government will make a rigorous analysis and will decide in the coming days how to proceed.
Romanian star Simona Halep will bid farewell to professional tennis in front of her home crowd on June 13, 2026, during the Sports Festival in Cluj-Napoca. Organizers have confirmed the date of her official retirement match, which will take place at BTarena and serve as the highlight of the festival’s seventh edition,
In the commercial year stretching between July 2024 - June 2025, Romania registered the largest wheat, barley, and corn exports in the European Union, according to European statistical data. The quantity of common Romanian wheat sold from July 1, 2024, to June 29, 2025, stood at 5.4 million tons, valued at EUR 1.2 billion, at […]
After its successful 2024 debut, Rooftop Season is back this summer with a new lineup of open-air concerts on the rooftop of the National Theatre in Bucharest. This year's edition, organized by Overground Music in partnership with the National Theatre, kicks off on July 7 and will feature weekly performances by some of Romania’s most […]
AS Piletilevi PLG (PLG), the largest ticketing operator in Central and Eastern Europe, has finalized the full acquisition of its Romanian operations, taking 100% ownership of Bilete.ro, Entertix.ro, and Myticket.ro. The group had previously acquired a majority stake in Bilete.ro, Romania’s oldest ticketing company, in mid-2023, followed by the purchase of Ticketing Nation S.R.L. - […]
Mobexpert, one of Romania’s leading furniture and home décor retailers, has opened a new hyperstore in Bucharest, located on Theodor Pallady Boulevard. Construction of the new commercial center began in 2024, and the showroom officially opened to the public on Thursday, July 3. Spanning over 10,000 square meters, Mobexpert Pallady features a wide range of […]
Vlad Gheorghe, formerly a member of the reformist opposition party Save Romania Union (USR) and now leader of extra-parliamentary opposition party DREPT, announced on Thursday, July 3, that he has filed a criminal complaint against former prime minister Marcel Ciolacu "for lying about the state of the economy and budget deficit." The complaint comes as the […]
