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DNA charges BNR Vice Governor Olteanu with having taken 1 million euro ill-gotten money

July 29, 2016

Vice-Governor of the National Bank of Romania (BNR) Bogdan Olteanu has been charged by the National Anti-Corruption Directorate (DNA) prosecutors for having requested and received 1 million euro and electoral support from a businessman in exchange for the appointment of a certain person as Danube Delta governor in the period July-November 2008; the money was […]

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Nearly one-third of working-age Romanians not working

Romania registered the third lowest employment rate in the EU in 2023, following Italy and Greece, according to recent Eurostat data. Only 69% of Romanians aged between 20 and 64 are employed, meaning nearly one-third of Romanians are not working.  Certain factors influence these figures. Romania makes use of a category of special pensions applied […]

Romanian police investigating case of 6-year-old boy allegedly sold in Germany

Authorities are looking into the case of a Romanian minor who was allegedly sold for RON 8,000 (EUR 1,600) and arrived in Germany with false documents. Romanian authorities were notified by those in Germany regarding the case, but investigations are still ongoing. The minor is currently in the care of the German state. The boy […]

Colliers: 18% more residential properties sold in Bucharest in Q1, buying intentions remain high

The residential market had a strong start in 2024, with the first quarter ending with an 18% increase in the number of residential transactions in Bucharest compared to the same period last year, according to Colliers data. In the rest of the country, the increase was slightly higher - 19%. According to Colliers consultants, buying […]

Sonja Wehsely, executive vice president CEECA Siemens Healthineers: The MAGNETOM Flow is the first plug-and-play 1,5T MRI scanner ever and can improve access to healthcare

Siemens Healthineers, the medical technology branch of the German multinational, recently launched its newest MRI scanner, the MAGNETOM Flow, during an event held in Bucharest on April 24. Featured in one of the panels during the event, Sonja Wehsely, executive vice president CEECA Siemens Healthineers, highlighted the strengths of the new scanner.  Wehsely, who has […]

Former Romanian president, PM investigated for crimes against humanity in 1990 miners’ riot case

The Romanian General Prosecutor's Office officially announced the indictment of former president Ion Iliescu, former prime minister Petre Roman, and former deputy prime minister Gelu-Voican Voiculescu for crimes against humanity, in the case of the Mineriada (miners' riot) of June 1990.  Along with the three, the former director of the Romanian Intelligence Service (SRI), Virgil […]

Uber Green arrives in Romania’s Brașov

Uber launched its Green service in the popular mountain city of Brașov, in central Romania, on April 25, with a fleet of environmentally friendly vehicles such as Toyota Prius, Hyundai Ioniq, Tesla Model Y, and Volkswagen ID.3. Previously, the Uber Green option was made available to residents and tourists of Cluj-Napoca in November 2023. “We […]