The European Public Prosecutor’s Office (EPPO) in Timi?oara (Romania) has accused five individuals of aggravated subsidy fraud, forgery of private documents and intellectual forgery, with an estimated damage of €667 000. At issue is a project to establish a pig-breeding farm in the town of Corabia, Olt County, financed by the European Agricultural Fund for Rural Development (EAFRD). According to the investigation, the beneficiary of the funds, with the support of the equipment supplier and the project consultant, submitted false documents for goods that were bought at a lower price and were of another nature or quantity than those requested from the EAFRD, thus unduly obtaining funds from the EU budget of €667 000. It is also understood that two employees of Romania’s Agency for Financing Rural Investments (AFIR), in the exercise of their duties, falsely mentioned that they had conducted accurate on-the-spot checks of the equipment that had been requested by the beneficiary. As a result of the EPPO’s proactive measures, an additional amount of approximately €500 000 was prevented from being unduly obtained from the EU budget. The investigation counted on the support of Romania’s Anti-Corruption General Directorate (Directia Generala Anticoruptie – Serviciile Judetene Anticoruptie Timis si Mehedinti), Timis County Police Inspectorate – Lugoj Municipal Police (Inspectoratul de Politie Judetean Timi? – Poli?ia Municipiului Lugoj-Sec?ia 5 Poli?ie Belin?) and Special Operations Brigade Timisoara (Directia de Operatiuni Speciale – Brigada de Operatiuni Speciale Timisoara). The EPPO is the independent public prosecution office of the European Union. It?is responsible for investigating, prosecuting and bringing to judgment crimes against the financial interests of the EU.? (Source:https://www.eppo.europa.eu/)
Bogdan Mircea Petre, one of the lawyers who represented far-right politician Călin Georgescu, is allegedly involved in a case of sexual assault after he was caught in the act during a meeting with a minor, according to Digi24. The “sting operation” was organized by Alex Costandachi, known in the public space as Justițiarul...
Roughly 8 out of 10 chief financial officers, or CFOs, from Romania’s largest companies say they now need constantly updated financial forecasts, unlike previous years when the focus was primarily on financial results, budgeting, and accounting, according to Inulta, a company specializing in Corporate and Enterprise Performance Management. The forecasts come to offer a degree […]
Romanian prosecutors have placed a precautionary seizure on the accounts and assets of the mercenary Horațiu Potra, in a case of tax evasion, embezzlement, and money laundering. The measure targets over RON 24 million, nearly 30 kilograms of gold, a property in Bucharest, and 11 properties and apartments in Sibiu. According to investigators cited by […]
The first sales figures from two of the largest European markets, France and Germany, both major markets for the Dacia brand, show that the debut of the carmaker's largest SUV, the Bigster, has been impressive. June data on car registrations in Germany show that the Dacia Bigster managed to sell 1,227 units in its second […]
After a 2024 marked by adaptation and consolidation, Romanian eCommerce entered 2025 with a more restrained dynamic. According to MerchantPro Compass, the biannual analysis conducted by MerchantPro, a SaaS eCommerce platform supporting over 2,000 active online stores—the first half of this year confirms a paradigm shift: it’s no longer about how much you sell, but […]
The TIFF Unlimited Caravan is hitting the road for the 16th consecutive year, bringing a diverse selection of Romanian and international films to audiences across the country. From July to September 2025, the traveling film series will stop in ten towns and cities, offering outdoor and indoor screenings of comedies, love stories, and family-friendly films. […]
