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Insolvency and reorganisation – options for solving TVR’s financial problems

March 26, 2014

Interim TVR director Stelian Tanase is interested more in “a large scale restructuring” than in “insolvency.” He claims a new law will stipulate the merger of the public radio station with the public television channel in the next 2-3 years. The leaders of the ruling coalition along with the leadership of public television channel (TVR) [...]

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Romanian Police recover gold brooch believed to be part of national heritage

Police officers from the Hunedoara County Criminal Investigation Service have recovered a gold brooch that is believed to be a national cultural heritage artifact, the Romanian Police announced.  According to the authorities, the item was stolen from Romania in...

Healthcare real estate developer MEDCITY starts medical hub project in Romania’s Timișoara

MEDCITY, a real estate developer building exclusively for the healthcare sector, announced the start of the project for the first medical hub in the western Romanian city of Timișoara. The company plans to transform a commercial property into a flagship healthcare ecosystem. The investment is valued at EUR 7 million, covering the property’s conversion and […]

Marcel Ciolacu travels to UK for first visit of a Romanian prime minister in 17 years

Romania's prime minister Marcel Ciolacu is on a working visit to the United Kingdom and Northern Ireland on November 12-13, attending the Romania-Great Britain Economic Forum. The visit is also the first of a Romanian PM to the UK in 17 years. Marcel Ciolacu is also set to meet British counterpart Keir Starmer, the Speaker […]

Orange Romania reopens landmark Telephone Palace in Bucharest

Orange Romania announced the reopening of the Telephone Palace (Palatul Telefoanelor), a historical monument on Calea Victoriei avenue in Bucharest built in the 1930s for telecommunications specialists. The company's goal is to bring together its teams in Bucharest in two neighboring buildings: the Tandem central office on Matei Millo Street and the Telephone Palace. The […]

Bot farms present in Romania but do not pose threat, Intelligence Service says

Romania’s internal intelligence service SRI has confirmed the presence of troll farms, bots, and fake accounts in the country, but states that the phenomenon does not pose a threat to national security. The statement comes after a presidential candidate was accused of running such networks to his own benefit. The service also denied any foreign […]

Cristina Nuță, a strategic leader in the financial sector, joins Goldbach Group as CFO

Goldbach Grup, a holding that brings together companies with over 13 years of experience in the development and implementation of complex projects in areas such as urban development, real estate, construction, architecture, renewable energy and consulting in the field of European funds, announces the co-optation of Cristina Nuță, a strategic leader in financial management, in […]