Update: DNA prosecutors also charged former health minister Ioana Mihăilă with abuse of office in the same case. Similar to Vlad Voiculescu, she allegedly initiated a memorandum that former prime minister Florin Cîțu approved on May 13, 2021, which would have resulted in the trading and procurement of an additional 34 million Pfizer vaccine doses, although the vaccines contracted...
The Romanian Ministry of Foreign Affairs (MAE) said that 915 polling stations would be opened abroad for the upcoming elections for the European Parliament, scheduled for June 9. This is more than double the number of polling stations available for Romanians abroad at the 2019 European elections - 441. Most polling stations will be opened […]
The Northern Lights were visible in Romania on the night of Friday, May 10, to Saturday, May 11, due to a powerful geomagnetic storm. Last week's episode was one of the most intense and widespread episodes of the Northern Lights ever recorded at Romania's latitudes. Residents from several counties in the country took photographs capturing the phenomenon and how […]
Romania's prime minister, Marcel Ciolacu, said in the evening of May 12, speaking for Antena 3, that the minister of defense Angel Tîlvăr expressed in a discussion "serious reservations" about the possibility of Romania giving a Patriot defense system to Ukraine. "But the decision is taken together with the president in the country's supreme defence […]
Banca Transilvania, the financial group that includes the largest bank in Romania by assets, announced its consolidated net profit increased by 35% y/y to RON 1.13 billion (EUR 226 million) in Q1. The bank's net profit was RON 913 million, marking the same 35% annual advance. The group's assets reached approximately RON 176 billion, while […]
Chimcomplex (BVB: CRC) announced it completed a EUR 2.4 million (eligible value) project aimed at implementing innovative green technology to produce new environmentally friendly polyols on April 30. The project was implemented at the industrial platform at Ramnicu Valcea (formerly Oltchim platform), and it was co-financed through the “Business Development, Innovation, and SMEs” program, with […]
The Czech agri-food group Agrofert, controlled by former prime minister Andrej Babis, received the European Commission's approval to take over the Romanian grain and oilseeds trader East Grain. The transaction relates primarily to a 65% stake in the Romanian company, taken over through a capital increase, Ziarul...
