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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.
Romania’s Sheep Industry, Slaughterhouses and Dairy Processors Firmly Reject Mass Vaccination of Animals Industry leaders warn that unless the proposal is abandoned, Romania’s slaughterhouse sector could collapse and sheep’s milk will have to be imported. Romania risks losing billions of euros and devastating two key industries—slaughterhouses and dairy processing—if, instead......
BEACH, PLEASE! 2026 Keeps the Momentum Going: Day 1 Delivers Spectacular Performances and an Electrifying Atmosphere That Lasted Late into the Night Following the official opening of the NIBIRU resort and a spectacular start to its anniversary edition, Beach, Please! 2026 continued with an unforgettable first festival day marked by...
The Agroland Group (BVB: AG), which operates in the retail, agribusiness, food production, and animal nutrition sectors, reported solid operating results in the second quarter of 2026. The evolution was driven by accelerated growth in the egg production segment, the expansion of the Agribusiness division’s production capacity, and the positive performance of its retail network. […]
Romania’s population will reach 15.633 million people in 2080, compared with 19.043 million on January 1, 2025, according to the latest projections made by the National Institute of Statistics (INS), published on Friday on the occasion of World Population Day. The country’s resident population will therefore decrease by 3.41 million people, or -17.9%, by 2080. […]
Pepco Group N.V. – Third Quarter FY26 Trading Update On 3 June 2026, the Group announced that it had agreed the sale of its Dealz Poland business, completing its strategic exit from fast-moving consumer goods (FMCG) retail and creating a pure-play Pepco business. Accordingly, the highlights below focus on the Group......