We are living in a complicated period, fraught with challenges, and these require a firm response, based on professionalism, cooperation and fidelity to constitutional values, acting President Ilie Bolojan declared on Wednesday at the Cotroceni Presidential Palace, as he welcomed a delegation of the Association of Francophone Constitutional Courts (ACCF)."The Association of Francophone Constitutional Courts is an essential platform for promoting the rule of law, democracy and fundamental rights in the French-speaking area," Bolojan stressed, adding that through the voice and actions of its members, this umbrella organization of rule of law guardians "supports democratic values, from the separation of powers in the state to the defense of fundamental rights and freedoms.""When constitutional courts act in solidarity, share best practices and support each other, the citizens' assurance and trust in respect for the constitutional order stands to gain," added the acting president.Bolojan brought to mind that the Constitutional Court of Romania takes over the Association's presidency on Wednesday, "an important responsibility which requires coordination, representation and promotion of common goals.""Romania supports this mandate and remains a reliable partner in the French-speaking area," the head of the state pointed out.In the end, Ilie Bolojan called for cooperation, arguing that "when states cooperate, they become stronger and their institutions are more functional, and the exchange of experience helps adapt to a constantly changing international environment."
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
