Six state-owned companies were found to have applied for years a through and through flawed selection process of the members of the Board of Directors, who were actually handpicked through a dedicated procedure, Minister of Economy Radu Miruta told a press conference on Thursday.Miruta announced that he ordered the extension of the controls to the rest of the companies in the portfolio of the ministry, after the checks carried out at the first six entities - IOR, IAR, Avioane Craiova, Iprochim, the 2 Mai Shipyard, and Minvest - found that the process for the selection of the members of the Board of Directors had been tampered with by intentionally circumventing the law. "Administrative acts were signed at the Ministry that had a repealed legal basis. Laws that were no longer in force were considered, precisely in order to plant certain persons in office by skipping potential obstacles," Miruta said.He assured that he will not stop here. "Such things are not to be tolerated under my watch at the Ministry, they will not be accepted. I'm not looking back, I'm looking at what we can do next. And for such things to never happen again, the law must be changed courageously," the minister said.He also explained that the legal experts in the control body informed him that the uncovered deeds can be charged as crimes and that at the end of the process he will send a thoroughly documented complete report to the Prosecutor's Office.The Economy minister stressed that all damages must be recovered."Romania is not at all a poor country. Romania is an impoverished country. Romania is a country rich in resources and the paradox is that the common people do not feel in their pockets the benefit of living in a rich country, because of the political decisions set on the way between the country's resources and the people's pockets, and which go against the interests of the grassroots. We must have the courage to talk about it, no matter how many denigrating articles those exposed will order," the minister concluded. (Photo:https://economie.gov.ro/)
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
