Justice Minister Tudorel Toader had talks with Liviu Dragnea and Sorin Grindeanu on the amending of the Criminal Codes. In a statement for Realitatea TV, Toader pointed out on Sunday that the bill will be drafted by his subordinates. The minister avoided commenting on the bill granting pardons and saying whether this act of clemency […]
The INVL Renewable Energy Fund I, managed by INVL Asset Management, signed a EUR 29.3 million loan agreement with Kommunalkredit Austria AG (Kommunalkredit). The loan will be used to finance the construction of solar power plants with 71 megawatts (MW) of capacity in Romania. This is the second loan by Kommunalkredit to the fund. In […]
Romania’s ruling Social Democratic Party (PSD) will immediately promote in Parliament a package of measures to reduce privileges for board members of state-owned enterprises (SOEs), with a second fiscal package to follow in coordination with the upcoming budget revision, PSD leader Sorin Grindeanu said on July 28,
Romanian Prime Minister Ilie Bolojan, in an interview for G4Media on July 28, said that he will not immediately appoint another deputy prime minister to replace Dragoș Anastasiu, who resigned...
Prosecutors from Romania’s National Anticorruption Directorate (DNA) conducted multiple searches on July 28 in Argeș County as part of an investigation into illegal VAT refunds and money laundering worth more than EUR 9 million, Digi24 reported, citing judicial...
The Ministry of Finance announced a new set of measures to streamline institutional activity by launching a new performance evaluation system for employees and departments within the ministry. At the core of the system is a structure of written reports. The employees will report daily, in writing, to their direct superior, the details of the […]
Sika Romania has inaugurated a new concrete additives production facility in Corlătești, Prahova County, following an investment of CHF 1.4 million (EUR 1.5 million), the company announced on July 28. The unit is located on the local industrial platform and is designed to meet rising demand in the construction and infrastructure sectors. The Swiss-owned construction […]
