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High Court rules further 30 days preventive arrest for former BNR vicegovernor Olteanu

August 23, 2016

The former National Bank of Romania (BNR) vicegovernor Bogdan Olteanu will remain in preventive arrest, after the High Court of Cassation and Justice (ICCJ) judges ruled to extend the warrant for another 30 days. Constantin Durgheu, Bogdan Olteanu’s attorney, announced that he will contest the decision of the judges. “His situation is a real situation, […]

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Survey: 85% of Romanians know of George Enescu, but awareness falls among young people

A large majority of Romanians, namely 85%, have heard of celebrated composer George Enescu, according to the third edition of the Informat.ro – INSCOP Research Barometer conducted earlier this month. However, the survey shows a slight decline in cultural awareness compared to 2013, particularly among younger generations. The

Romania registers USD 7.7 bln deficit in trade with China in 2024

The volume of trade between Romania and China was almost USD 9.3 billion in 2024, according to official statistics. Trade between the two, however, is not balanced. Romania registered a USD 7.7 billion deficit with China, and a USD 2.1 billion deficit in the first quarter of 2025 as well.  The People’s Republic of China […]

Solar park worth EUR 1 mln installed at Coca-Cola factory in western Romania

Coca-Cola celebrated 30 years of production at its Timișoara plant, in western Romania, by announcing a RON 5 million (roughly EUR 1 million) investment in a solar park, the company’s first renewable energy facility in Romania. The new solar installation will cover about 20% of the factory’s electricity needs and cut carbon dioxide emissions by […]

Solar Open Day - Solar energy, double impact for communities

Solar Open Day brought the public closer to a new photovoltaic park. On September 17, the Romanian Photovoltaic Industry Association (RPIA) organized in Călugăreni, Giurgiu County, the third edition of the event, which has already become a landmark for the solar energy industry. This year’s host was PPC Renewables Romania, which opened the doors of […]

Grivița 53: First private theatre built in Romania in decades, unveiled in Bucharest

Grivița 53, the first private theatre built in Romania in roughly 80 years, was unveiled in Bucharest after nearly a decade of construction and fundraising efforts that brought together more than 14,000 supporters. The project, valued at about EUR 4.5 million so far, was launched in 2016 by director and writer Chris Simion-Mercurian and Tiberiu […]

Injured French tourist rescued from Romania’s Bucegi Mountains

An injured 24-year-old French tourist was rescued after falling in the Valea Căldărilor area of Romania’s Bucegi Mountains on Friday morning, September 19. The young man was recovered by mountain rescuers after an operation that lasted more than six hours. According to the data communicated by Salvamont Prahova, he was part of a group of […]