Prime Minister Marcel Ciolacu said on Monday that the government is amending Romania's legislation on the corporate governance of state-owned enterprises and thus entirely fulfilling an essential milestone in the country's National Recovery and Resilience Plan (PNRR)."We are repealing all exceptions and applying these corporate rules to state-owned enterprises in the defence industry, as well as in the case of RA-APPS," the prime minister said at the beginning of a government meeting.Letter a) in Article 1 (6) regulating the exemption of the RA-APPS corporation managing state-owned real estate from Government Emergency Ordinance 109/2011 will be repealed.At the same time, the requirement regarding the additional security check for the selection of the members of the boards of directors in the field of the national defence and security industry should also apply to the selection of the members of the board of directors of state-owned enterprises dealing with the administration of state-owned property and real estate provided by RA-APPS that also entails requirements in the field of national safety and security.
One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated to improving […]
The investment includes the modernization of the production unit in Crevedia and the launch of PIUA, Maidan’s first premium spreadable product range, responding to the growing demand in the ready-to-eat market. Maidan, a company active in corporate and private event catering, industrial catering and the development of its own gastronomic products, announces a total investment […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated […]
Unanimously adopted, the Nordis Law marks a decisive moment for Romania’s residential market. It introduces a set of rules designed to protect buyers, hold developers accountable, and reduce speculative risks, with a strong focus on transparency and stability. Under the new legislation, the reservation fee cannot exceed 5% of the property value, reservation contracts cannot […]
Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]
Police and prosecutors carried out 25 searches in Romania and Italy on Tuesday, November 18, aiming to dismantle a group made up of four families, who allegedly sexually exploited, mainly in Italy, more than 30 victims. After the searches, 19 people were detained, and two others were placed under judicial control for forming an organized […]
