Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. ​​EXCLUSIVE. IKEA deals in communist-era Romania were interfered...

​​EXCLUSIVE. IKEA deals in communist-era Romania were interfered with by dictator Ceausescu's secret service Securitate - unclassified files

April 16, 2014

Swedish company IKEA used to run business with communist Romania in the eighties, involving confidential overbilling operations which were joined by dictator Nicolae Ceausescu's secret service, the dreaded Securitate, according to documents consulted by HotNews.ro. Files available at the National Council for the Study of Securitate Archives show that at one point in the eighties the head of Romania's espionage, General Aristotel Stamatoiu, ordered a transfer of money to an IKEA account at East Germany's Bank of Foreign Commerce. The operation codenamed Scandinavica was coordinated by a foreign Securitate officer who now heads Bucharest football club Dinamo.

Read in full - click here
Drone fragments found in south-eastern Romania, close to the Ukrainian border

The Romanian Army recently confirmed that it has found fragments “which seem to come from a drone” on agricultural land in Insula Mare a Brăilei in Brăila County, south-eastern Romania. The Army press release does not specify either the type of drone or how it reached over 20 kilometers inside Romanian territory, according to Biziday. […]

The fourth edition of the Romanian Business & Investment Roundtable conference will take place on 3-4 April. Renowned guests have confirmed their attendance

The fourth edition of the ROMANIAN BUSINESS & INVESTMENT ROUNDTABLE Conference, organized in Bucharest on April 3-4 by The Economist Impact Events and its official representatives in Southeast Europe, Hazlis & Rivas, along with its local partner Oxygen, will bring together distinguished guests from Romania and abroad. Among the confirmed speakers at the...

Romania opens new terminals at Timisoara, Iasi airports in time for Air Schengen

New terminals were inaugurated at the Timisoara and Iasi airports on Friday, March 29, the most important in the west and eastern parts of Romania. The two terminals opened just in time for Romania to become part of the Schengen Area with its airports (Air Schengen) and maritime borders. The new Schengen Terminal of Timisoara […]

Romanians in Spain send money, transfer expertise and healthy attitude, and do not lose trust in their native country

Repatriot, the platform that connects Romanians from outside the borders with the country, led the economic mission Romania-Spain, held between 21st -27th March in Barcelona and the Balearic Islands. This initiative discovered new points of support for the expansion of Romanian businesses in the region, facilitated the access of Romanians from the Diaspora to opportunities […]

Bucharest takes top spot in ranking of most affordable European capitals to live in

A new ranking has revealed the most affordable European capitals to live in, with Bucharest, Romania, topping the list.  The ranking was compiled by personal finance experts at Finansvalp by taking into account data from the cost-of-living website Numbeo in order to create an affordability index. Every European capital city was measured and given a […]

Artists from six European countries come to Europavox Festival Bucharest in April

Europavox Festival Bucharest, an event aiming to highlight some of the newest and most interesting live music acts from all across Europe, returns to Control Club this spring for its fourth edition. Artists from six European countries, along with two up-and-coming local bands, will perform at the festival on April 3-4. Dutch singer-songwriter Pip Blom, […]