Romania's National Anti-corruption Directorate (DNA) reacted on Thursday to proposals submitted by the governing PSD-ALDE coalition to change the criminal procedure code. The planned changes "would have a devastating effect on criminal inquiries as they eliminate indispensablelegal means by which investigating bodies can pursue criminal inquiries", a DNA press release says. It says a EU directive aimed at strengthening the rules on presumption of innocence, which is used as an argument to introduce the changes, is "just a pretense to eliminate the ability of criminal inquiry bodies to uncover and prove crimes and the purpose of the changes has nothing to do with the presumption of innocence".
The Board of Directors’ motion was on the Ordinary General Meeting of Shareholders’ agenda of April 29, under which a gross dividend of 0.09 RON/share was approved. The EVERGENT Investments shareholders have approved the Activity program and the Revenue and Expense Budget for the year 2024, stipulating an investment program amounting to RON 155.8 mln. […]
Premier Energy PLC, one of the fastest-growing energy companies in Romania and the SEE region, will carry out an initial public offering (IPO) on the Bucharest Stock Exchange (BVB) between May 8 and May 15, 2024. Romania's Financial Supervisory Authority (ASF) approved the IPO prospectus on Tuesday, May 7. The company is looking to sell […]
The European Bank for Reconstruction and Development (EBRD) is lending more than EUR 46 million as part of a EUR 93 million financing package to build and operate Urleasca Wind Farm, a 102 MW onshore wind farm in Romania, the institution announced. Urleasca Wind Farm is expected to generate 277 GWh a year of renewable energy […]
Bucharest and Ilfov County together form the region in Romania with the highest motorization rate, with an average of 640 cars per 1,000 inhabitants, a level close to most regions in France, Germany, Austria, and Italy, according to Eurostat data for 2022 cited by Ziarul Financiar. In the central, western, and northwestern regions of the […]
Nicolae Ciucă, the president of the National Liberal Party and head of the Romanian Senate, is increasingly looking like the party’s pick for the presidency. Ciucă, a former general in the Romanian army and an ally of current president Klaus Iohannis, also from PNL, is featured on dozens of billboards across the country. In parallel, a social media […]
The 28th edition of the European Film Festival opens in Bucharest on Europe’s Day, May 9. The event, which takes place in several cities in the country, will end this year’s run in Chișinău on June 8, the weekend of the EU Parliament elections. The program covers 40 feature films, 34 of them national premieres, […]
