Pfizer – BioNTech sued Romania to force our country to pay for all the anti-Covid vaccines it contracted following the protocol signed in 2021. “Pfizer and BioNTech seek to make Romania comply with its commitments for the orders of COVID-19 vaccines placed by the Government of Romania, part of the supply contract for the European Union, signed in May 2021. This formal procedure comes after long discussions between the parties, which have held in the spirit of partnership with Romania and with members of the Romanian Government. Pfizer and BioNTech believe it is important that all parties involved comply with their contractual obligations, based on the agreement that facilitated the success of the European response to the COVID-19 pandemic,” states a response from the Pfizer – BioNTech association sent to Context.ro. The legal action initiated against Romania is not the first that the pharmaceutical giant Pfizer initiates. Last November, Pfizer sued Poland for failing to honor payments for 60 million doses of the COVID-19 vaccine contacted by the Polish state. In December 2023, the company confirmed that it had also sued Hungary for the same reason. The Romanian anti-corruption body DNA asked the Presidency and the Senate to approve the start of the criminal investigation against the former Prime Minister Florin Citu and the former Ministers of Health, Vlad Voiculescu and Oana Mihaila, in a file regarding the procurement of anti-Covid vaccines during the pandemic. The anti-corruption prosecutors argue their accusations in the anti-Covid vaccines file, in which Florin Citu, Vlad Voiculescu and Ioana Mihaila are being investigated for abuse of office and complicity in abuse of office, on the fact that the three, who were prime ministers and ministers of of Health, approved the purchase of tens of millions of doses of vaccine above the already contracted requirement, which covered more than enough of the estimated population to be vaccinated against the SARS-CoV-2 virus. The name of the current head of the National Health Insurance House, Andrei Baciu, also appears in the prosecutors’ report. The damage calculated by the prosecutors for the vaccine doses bought for nothing by the Romanian state exceeds one billion euros
Romanian technology group Visual Fan, best known for its consumer electronics brand Allview, announced that it has signed a partnership with Trina Storage, the energy storage division of the Chinese company Trina Solar, for the development of a battery energy storage system in Topliţa, with a capacity of 65 MWh. This is the first project […]
Romanian energy group OMV Petrom (BVB: SNP) announced its sales revenues dropped by 7% y/y in Q2, resulting in a 1% y/y contraction to RON 17.0 billion (EUR 3.4 billion) in the whole H1, while its net profit plunged by 17% y/y in Q2 and 21% y/y to RON 2.1 billion in H1, according to […]
The volume of building permits for retail spaces in Romania, measured in square meters, surged by 53% y/y to 303 thousand square meters in H1, according to data published by the statistics office INS. The number of projects rose by 42% y/y to 261. The residential construction segment, driven by the individual (as opposed to collective) […]
Romania has completed the renegotiation process of the National Recovery and Resilience Plan (NRRP) with the European Commission, a process that has been going on for more than a year, Minister of Investments and European Projects Dragoș Pîslaru said on July 31, during a press conference, according to
Wizz Air will add a route connecting Brașov, in central Romania, to Katowice, in Poland, beginning next year, the Brașov International Airport announced. The route will become operational on March 31, 2026, with flights operating every Tuesday, Thursday, and Saturday. In the upcoming winter season, the airline will operate seven routes to five countries from […]
IT Genetics, a company specializing in digitalizing services, aims to have its shares tradable at the Bucharest Stock Exchange by the end of this year, with the amount to be raised estimated at approximately EUR 2 million. The ITG group will be listed, not just IT Genetics, which is nevertheless the main pillar of the […]
