The former manager of the Institute for Food Research (ICA), Gheorghe Mencinicopschi, sentenced to eight years in prison in the case of the fraudulent privatization of the institute, will be released from prison. He served two years and one month of the sentence and will leave the Jilava Penitentiary today. The decision of the parole […]
The City Hall of Braşov, in central Romania, opened this past weekend the city’s “largest and greenest” public transport terminal, which features 12 platforms, fast charging stations for electric buses, photovoltaic panels, and a green roof. The new terminal, which required an investment of RON 16.4 million (some EUR 3.3 million), ensures the connection between […]
The Romanian Ministry of Foreign Affairs (MAE) said that 915 polling stations would be opened abroad for the upcoming elections for the European Parliament, scheduled for June 9. This is more than double the number of polling stations available for Romanians abroad at the 2019 European elections - 441. Most polling stations will be opened […]
The Northern Lights were visible in Romania on the night of Friday, May 10, to Saturday, May 11, due to a powerful geomagnetic storm. Last week's episode was one of the most intense and widespread episodes of the Northern Lights ever recorded at Romania's latitudes. Residents from several counties in the country took photographs capturing the phenomenon and how […]
Romania's prime minister, Marcel Ciolacu, said in the evening of May 12, speaking for Antena 3, that the minister of defense Angel Tîlvăr expressed in a discussion "serious reservations" about the possibility of Romania giving a Patriot defense system to Ukraine. "But the decision is taken together with the president in the country's supreme defence […]
Banca Transilvania, the financial group that includes the largest bank in Romania by assets, announced its consolidated net profit increased by 35% y/y to RON 1.13 billion (EUR 226 million) in Q1. The bank's net profit was RON 913 million, marking the same 35% annual advance. The group's assets reached approximately RON 176 billion, while […]
Chimcomplex (BVB: CRC) announced it completed a EUR 2.4 million (eligible value) project aimed at implementing innovative green technology to produce new environmentally friendly polyols on April 30. The project was implemented at the industrial platform at Ramnicu Valcea (formerly Oltchim platform), and it was co-financed through the “Business Development, Innovation, and SMEs” program, with […]
