Customs inspectors from the Bucharest Regional Customs Directorate seized, between April 2-3, 2024, counterfeit goods worth approximately 5.5 million RON (1 euro = 4.96 RON), informs the Romanian Customs Authority through a press release."During 02-04/03/2024, the customs inspectors from the Constanta Border Customs Office as well as from the Constanta South Border Customs Office, acting on the basis of their duties, discovered during the physical control 4,198 pieces of perfumes of various established brands, as well as 16,500 pairs of CROCS model slippers. Suspecting the violation of some intellectual property rights, the customs authority took the measure of detaining the goods," the press release reads.According to the quoted source, their value, in the situation where they would have been sold on the market at the retail price of an original product, is approximately 5.5 million RON."We note that although they can be sold at attractive prices, counterfeit goods present risks that endanger the health and safety of citizens," AVR representatives point out.
The Arts Hour on Tour, the BBC World Service arts and culture program that visits cities all over the world, will be in Bucharest next week to record a show on topics relating to the cultural life in the city and Romania. Television and radio broadcaster Nikki Bedi, who curates, writes, and presents the program, […]
Romanian prime minister Marcel Ciolacu recently stated during an interview that foreign minister Emil Hureaznu will be replaced if he continues to send messages to private individuals, such as those addressed to Elon Musk, without consulting him. The warning comes after Emil Hurezeanu stated on Saturday, February 22, that Elon Musk’s support for Călin Georgescu […]
Romanian state-controlled gas producer Romgaz (BVB: SNG) reported a net profit of RON 3.22 bln (EUR 647 mln) in 2024, up 14.5% compared with the previous year. The company’s revenues went down by 11.9% to RON 7.93 bln (EUR 1.6 bln) because of lower...
The Romanian Parliament rejected the no-confidence motion initiated by far-right parties AUR, SOS Romania, and POT against the government led by Social Democrat prime minister Marcel Ciolacu. The motion received 147 votes in favor and one against during the lawmakers' meeting on Friday, February 28 - a figure lower than the 155 signatures with which […]
Nuclearelectrica (BVB: SNN), the company that operates Romania’s only nuclear power plant – Cernavoda, reported a net profit of RON 1.7 bln (EUR 343 mln) in 2024, down 31% compared with the previous year. The company recorded 37.6% lower revenues from electricity sales due to lower average...
In his first press conference since becoming interim president, held on Friday, February 28, Ilie Bolojan said that discussing peacekeeping troops in Ukraine is premature, since no peace agreement was reached. He also discussed increasing Romania’s defense spending, the relationship with the United States, and the reconstruction of Ukraine. The press conference was organised after Ilie […]
