The recent Panama Papers leak, which brought to the attention of the public crimes such as tax evasion, money laundering, corruption and other immoral instruments used by privileged individuals or companies throughout the world, has shaken one country after another, leading to resounding resignations. But it also has much more profound implications. These revelations, which […]
Freedom. Memories 1954-2021, the long-awaited memoirs covering the personal and public career of Germany’s former chancellor, Angela Merkel, is to be published in more than 30 countries on November 26, including in Romania. Cora Radulian signs the translation from German. According to local publishing house Litera, the 700-page book is already available for pre-order online, on […]
Romania’s annual inflation rate eased to 5.9% in April from 6.6% the month before and 7.2% in February, according to the official report released by the statistics institute INS on Tuesday, May 14. According to Biziday.ro,...
Photon Energy, a group of companies providing solar energy, clean water solutions, and environmental remediation worldwide, announced it secured a loan to finance its portfolio of photovoltaic parks in Romania. The loan, totaling EUR 15 million, represents the group's second project financing for European photovoltaic solar energy assets operating on a free market basis, selling […]
Turkish-Spanish car parts supplier Gestamp announced the opening of a new factory in Darmanesti, Arges county, where 200 will be employed. The investment is conducted by the Turkish-Spanish international company Beyçelik Gestamp. The factory will produce components for the Romanian car producers Dacia and Ford Otosan,
Romanian video game developer Amber Studio announced that it gave up a EUR 2.7 million state grant as it found the creation of 120 workplaces in Botosani and Craiova was not sustainable, Ziarul Financiar reported. "As a result of the global economic situation regarding the industry in which the company...
Mitoc Partners, indirectly owned by Italian investors (75%) and Romanian lawyer Edward Dobre (25%), is developing a major wind generation project in Botosani county, northeastern Romania, composed of three wind farms with an installed capacity of 305MW,
