Cozmin Gusa, one of the main shareholders of Realitatea Media, was heard at the National Anticorruption Directorate (DNA) on Tuesday. He was subpoenaed as a witness in the case in which anticorruption prosecutors remanded Ludovic Orban (photo) on conditional bail. “Prosecutor Claudia Rosu summoned me to be heard as a witness in Orban’s case. I […]
Nicușor Dan, a mathematician and civic activist turned politician and mayor of Bucharest, made history by becoming Romania's new president as an independent candidate, securing 53.6% of the vote in a landmark election. His victory over far-right contender George Simion signals a renewed commitment among Romanian...
With the support of voters in large cities across the country and against the background of the high election turnout, Nicușor Dan became the winner of the presidential run-off. Dan finished the first round with close to 2 million votes fewer than George Simion but managed to win the second round with 829,589 more votes […]
George Simion, leader of the far-right Alliance for the Union of Romanians (AUR), conceded defeat on Sunday night and congratulated Bucharest mayor and pro-EU independent candidate Nicușor Dan for winning the presidential election. In a pre-recorded video posted on Facebook, Simion acknowledged the will of the Romanian people and thanked the more than five million […]
The state cargo railway company CFR Marfa, which entered insolvency in April after five years of pre-insolvency status, plans to diminish its dues by 32% to RON 3.1 billion (EUR 620 million) during this year by the transfer of RON 1.5 billion (EUR 300 million) of assets to the newly set up company Carpatica Feroviar, […]
Taiwanese group DDK, one of the world's largest manufacturers of bicycle saddles and components, has registered in Romania the company DDK Europe Bicycle Components, based in Timisoara, Romania, marking a new stage in the group's plan to open a production facility in the country, according to
The Romanian state, through the company that manages the Port of Constanta, submitted a non-binding offer to take over the operator of Moldova's sole maritime port Giurgiulesti (PILG), namely the company Danube Logistics (Moldova), from the European Bank for Reconstruction and Development (EBRD), according to
