The Chamber of Deputies on Wednesday adopted a draft law ratifying the Agreement between the Governments of Romania and the Republic of Moldova regarding the coordinated control on Romanian territory at the Galati (Romania) - Giurgiulesti (Republic of Moldova) road state border crossing point, on the way into our country.There were 293 votes cast in favour of the draft, 2 against and one abstention.The agreement was signed on November 20, 2024, in Bucharest.The normative act aims to facilitate the transit of persons and speed up the movement of goods, as part of the process of integrating the Republic of Moldova into the European Union and also as part of the support provided to the Ukrainian economy, seriously affected by the war, in cooperation with the European Union and the United States of America, the Defence Committee report states.According to the same source, the Agreement provides for the implementation of coordinated control at the Galati - Giurgiulesti crossing point, establishing the bilateral legal framework, the way of organizing the control, the responsibilities of the staff involved, the protection of personal data, the implementation procedures.This agreement applies for a period of 12 months starting from the date on which the coordinated control becomes operational. Any extension of the validity of the Agreement for new periods of 12 months is decided by agreement of the parties, based on the joint evaluation of the results of the control system, the extension being carried out through diplomatic channels.The Chamber of Deputies is the first to be notified, and the Senate is the decision-making body in this case.
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
The Fabrica de Glucoză area is undergoing one of the fastest urban transformations in Bucharest, strengthening its position as one of the most dynamic residential and investment hubs in the northern part of the city. The modernization of infrastructure, the reconfiguration of the Dimitrie Pompeiu – Fabrica de Glucoză – Pipera axis, and the overall […]
