The draft decision regarding the approval of the National Strategy against Organized Crime 2021-2024 is on the agenda of the Government's Wednesday session.The draft provides that the strategy will be implemented through the action plan, which establishes specific activities and projects, with the mentioning of budgets and financing sources, as well as the institutional terms and responsibilities.The Monitoring Committee for the strategy is established, formed of one representative each, from the leadership positions, at least the level of director, within the Justice Ministry, the Internal Affairs Ministry, the Prosecutor's Office attached to the High Court of Cassation and Justice, the Directorate for the Investigation of Organized Crime and Terrorism (DIICOT).The chair of the committee is the representative of the Justice Ministry. Among the attributes of this committee are the formulation of recommendations and proposals of measures to institutions and authorities with attributes in the realm of the fight against organized crime, in view of ensuring the coherence and efficiency of the process to implement the provisions of the strategy and the annual informing of the Prime Minister and the Supreme Council for the Country's Defence regarding the implementation stage of the objectives established in the strategy, through the annual monitoring report.
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
Producer Ada Solomon has been elected chair of the board of the European Film Academy, marking the highest level of representation the Romanian film industry has achieved within the institution. Solomon was chosen by more than 5,400 Academy members across Europe, according to the official announcement. Dutch producer Leontine Petit and French producer Matthieu Darras […]
If December were a performance, Corinthia Grand Hotel du Boulevard would be its grand stage. This winter, Bucharest’s newest grand dame has reimagined the festive season not only as decoration, but as storytelling: one told through light, music, architecture and flavour. Inspired by Charles Dickens’ A Christmas Carol, the hotel’s concept unfolds in three chapters […]
The HALO Events Center in Bucharest is set to open the largest event space in Europe equipped with a 360° panoramic LED display within the Romexpo complex. The new location is designed for large-scale, fully digitalized events, and it is the result of an EUR 4 million investment. The venue has a maximum indoor capacity of […]
The concept of the mega-project DraculaLand, a privately funded development exceeding EUR 1 billion that aims to become the largest entertainment, retail, and technology destination in Europe, was recently unveiled. The investment is planned for a 160-hectare site not far from Bucharest and aims to position Romania as a new global hub for large-scale entertainment, […]
