Justice Minister Raluca Pruna said Friday that the fight against corruption is not the responsibility of the state, but of each and every one in Romania, warning that corruption “steals” something from everybody’s pockets. “The fight against corruption is not a responsibility of the state, but of each of us, because our lives are directly […]
Romanian prosecutor Neculai Cârlescu has accused the leadership of the National Anticorruption Directorate (DNA) of obstructing his investigation into the former head of the Financial Supervisory Authority (ASF), Nicu Marcu. The allegations are detailed in a formal complaint submitted to the Judicial Inspection and reviewed by investigative journalists at
The Supreme Council of National Defense (CSAT) will discuss at its next meeting scheduled for this month the options to include the large-scale tax evasion in the National Defense Strategy and to involve the intelligence services in investigating large-scale tax evasion, president Nicusor Dan confirmed for
Romania has launched a national funding program worth EUR 56 million to support local administrations in producing thermal energy from geothermal water, minister of investments and European projects Marcel Boloș announced on June 3. The financing call is aimed exclusively at local authorities and is intended to reduce dependence on gas by harnessing the country’s […]
Real estate developers plan to complete 32,000 new apartments in Bucharest by the end of 2028, according to Economica.net, quoting data provided by Imobiliare.ro. However, the current supply of housing units remains low, the publication argues. But not by historic levels: the number of new housing units completed in Bucharest...
Arobs Transilvania Software (BVB: AROBS), the largest IT company listed on the Bucharest Stock Exchange, has received shareholder approval to acquire a majority stake in a United States-based software development company, according to data published by
The European Commission is expected to grant Romania additional time to present and implement a fiscal corrective package before considering punitive measures such as suspending disbursements under the EU’s Resilience Facility and cohesion policy funds, Bloomberg reported on June 2, citing sources...
