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Restoring trust in prosecutors – in the focus of possible Alina Bica’s successor to DIICOT

April 15, 2015

The individual verification by the newly-formed team of each prosecutor and creating a ‘zero moment’ of his/her activity are among the objectives enounced in the management project submitted by Daniel Horodniceanu, the magistrate proposed as new head of the Directorate for the Investigation of Organized Crime and Terrorism ( DIICOT ). According to the project, among [...]

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New online platform allows real-time tracking of trains in Romania

A new online tool allows the location of Romanian passenger trains, Profit.ro reported. On the Bilete.infofer.ro platform, under the heading "My train/Trenul meu," one can track the position...

Romanian center-right presidential candidate withdraws to support reformist leader Elena Lasconi

Presidential candidate Ludovic Orban, now the head of a center-right political vehicle but once the leader of the Liberal Party (PNL), announced he was stepping down in favor of reformist leader Elena Lasconi (USR) in a move aimed at triggering a consolidation of the center-right forces under a single candidate, several days before the first […]

Posta Romana to close all its postal offices, not before modernising them

The Romanian national postal company Posta Romana will close all its post offices "in the coming years" and rent them out, announced the company's general manager, Valentin Ștefan, quoted by Economica.net.  The only reason for not closing the offices...

Romania gives temporary tax break to crypto investors to generate cash flows

The Romanian Parliament, by the vote of the Chamber of Deputies, adopted an amendment to the Fiscal Code to exempt from taxation, until July 31, 2025, the earnings derived by natural persons from investments in cryptocurrencies, according to Profit.ro. The timing is important since cryptocurrency...

Romanian banks launch cardless instant money transfer system RoPay

Transfond, which operates the interbank payments automated clearing house, and the Romanian Association of Banks have officially launched the domestic payment system RoPay, which allows transfers from account to account without the intermediation of card operators such as Visa or Mastercard. "RoPay differentiates itself from other payment solutions through speed, lower costs, and 24/7 availability," […]

Romanian real estate developer Nusco to issue EUR 5 mln bonds at Bucharest Exchange

The real estate developer Nusco Imobiliara, which is developing a major real estate project in the northern part of Bucharest in the Pipera neighborhood, estimated to eventually involve nearly EUR 1 billion investments, announced plans to issue bonds in the amount of EUR 5 mln to be further listed at the Bucharest Stock Exchange. The […]