The government has initiated steps to acquire the stake held by the EBRD in operator of the Republic of Moldova's Giurgiulesti International Free Port Danube Logistics SRL."I want to particularly mention a memorandum adopted today by the government: the approval of the initiation of negotiations with the European Bank for Reconstruction and Development - EBRD, for the purchase by the Romanian state, through National Company Constanta Maritime Ports Administration, a trading company under the authority of the Ministry of Transport and Infrastructure, of the Danube Logistics SRL stake held by the EBRD," government spokesman Mihai Constantin said at the Victoria Palace on Wednesday.He also mentioned that a negotiation commission will be created to deal with this matter, which will include representatives of the Foreign Affairs Ministry, the Transport Ministry, and the Finance Ministry, tasked with opening negotiations with the European Development Bank for the acquisition of these shares so that the Romanian state acquires majority control over the Giurgiulesti Port, through National Company Constanta Maritime Ports Administration.
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
