The European Public Prosecutor's Office (EPPO) carried out on Tuesday five searches in Bucharest as part of an investigation into an EUR 8 million fraud with EU funds for the purchase of medical equipment during the COVID-19 pandemic, the EPPO announced in a statement.In the period 2020 - 2022, a criminal network was formed to manipulate the public procurement of protective masks, disinfectants and other medical supplies for hospitals, schools and other municipal state facilities, so as to benefit predetermined suppliers, which are understood to have been part of the scheme. Three individuals under investigation have been brought to the EPPO's office in Bucharest to be informed of their status as suspects.The supply of the medical equipment was funded by the programme Recovery assistance for cohesion and the territories of Europe (REACT-EU). It is estimated that the activities documented so far in the investigation caused the EU budget a damage of over EUR 8 million. The investigation is ongoing, in order to ascertain the extent of the suspected criminal activities and the overall financial damage caused.The investigation and the searches are conducted with the support of the EPPO Support Structure in Romania, the Romanian Police - Special Operations Directorate, Romania's Anti-Corruption General Directorate, and the Special Intervention Brigade of the Romanian Gendarmerie.
The National Bank of Romania (BNR) ended 2024 with a profit of roughly RON 3.8 billion (EUR 760 million), a 58% increase compared to the previous year, despite the operations it performed to maintain the national currency's stability. The figures, published in a report on Monday, June 23, show that operating costs for 2024 were […]
Over half of Romanians trust the United States and the United Kingdom, according to the Informat.ro - INSCOP Research Barometer conducted between May 26–30, 2025. Only 11% trust Russia, with higher levels of trust from among far-right voters of the Alliance for the Union of Romanians (AUR) party. The United States is trusted by 52.8% […]
Prahova County launched construction on a major cycling infrastructure project aimed at connecting local vineyard towns and promoting green mobility and sustainable tourism. The initiative, titled “Establishment of Bicycle Lanes on Bachus’s Route,” represents an investment of over RON 25 million, with RON 21 million coming from non-reimbursable funds provided by the Environmental Fund Administration. […]
Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania. The Desk combines a highly qualified German team of lawyers with an interdisciplinary Romanian team of […]
Last week, the BBC reported that Romanian authorities have launched an investigation into Tristan Tate, brother of controversial internet personality Andrew Tate, over allegations he broke election laws by posting political content on social media during the recent presidential elections. The investigation, opened by the Ilfov county police according to the British newspaper's sources, is […]
Bucharest is facing growing environmental challenges, with traffic-related air pollution, shrinking green spaces, and worsening climate impacts threatening the health and well-being of its residents, according to the latest “State of the Environment in Bucharest” report released by the Bucharest Community Foundation through the Environmental Platform for Bucharest. For example, air pollution has already reached […]
