Romania has taken several important steps to improve its legal framework and its ability to freeze and seize illegal wealth, but the competent authorities need to proactively conduct financial investigations in parallel with the investigation of proceeds-generating crimes, reveals the report the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing [...]
Hungary's state company MVM responded to rumours, saying it has not abandoned plans to take over E.ON's Romanian subsidiary – but it only "temporarily withdrew from the FSR mechanism" because the approval of the investment by the Romanian authorities takes more than expected and the company needs to "balance its costs and resources," according to
The United States has approved a USD 130 million grant to finance the construction of a high-voltage power line linking Moldova to Romania, a project officials said would strengthen the country’s energy security and deepen ties with Washington. The 190 km Strășeni–Gutinaș line will connect Moldova to the European electricity grid. It will complement the […]
It’s a busy weekend in Bucharest, as the city gears up for its annual celebration, film and theater festivals bring the latest productions, and new exhibitions are opening.
The 16th edition of Les Films de Cannes, the festival showcasing productions awarded or selected at the Cannes film festival, returns this fall to Bucharest and four other cities in the country. The winner of this year's Palme d'Or, Jafar Panahi's It Was Just an Accident, will be screened at the event, as will be […]
Răsvan Angheluţă Natural Sciences Museum in Galaţi is scheduled to reopen on September 20, after the completion of modernization works worth over 15.1 million lei (approximately EUR 3 million) carried out by the County Council through the recovery and resilience facility PNRR. The building hosts an Aquarium, an Astronomical Observatory, a Planetarium, and temporary exhibitions. […]
A team of Romanian paramedics won first place at the World Rescue Challenge 2025, a competition that sees first responders and trauma teams from around the world develop new skills and share knowledge. This year, the competition took place in Karlovac, Croatia, and was attended by two Romanian paramedics from Bucharest who have been working […]
