The European Public Prosecutor’s Office (EPPO) in Timisoara (Romania) has accused seven individuals and two companies of subsidy fraud and forgery, involving three projects regarding the development of fruit harvesting and processing, with a value of over €1.4 million. According to the investigation, between February 2019 and June 2024, the suspects, including a mayor, successfully applied in the name of two companies for three projects financed by the European Agricultural Fund for Rural Development (EAFRD). They allegedly falsified documents regarding the information of the beneficiary of the projects and the employees of the companies to proof their eligibility to apply for the projects. In the early stages of the investigation, a lawyer, who is also a suspect in this investigation, encouraged certain witnesses to provide false statements, helping the main suspects and obstructing the investigation. The European Delegated Prosecutor in charge of the investigation ordered the detention of the seven suspects and he will request their pre-trial detention. EPPO has seized buildings, lands and money belonging to the suspects. The investigation and searches counted on the support of the EPPO Support Structure in Romania: Timisoara and Iasi EPPO Offices (Structura de sprijin a procurorilor europeni delegati în Romania – Birourile Teritoriale Timisoara si Iasi), Timis County Police Inspectorate – Economic Crime Investigation Service (Inspectoratul de Politie Judetean Timis – Serviciul de investigare a criminalit?tii economice), Special Operations Brigade Timisoara (Brigada de Operatiuni Speciale Timis), Organised Crime Brigade Timisoara (Brigada de combatere a criminalit?tii organizate Timisoara) and the Mobile Group of Gendarmes Timisoara (Gruparea mobile de jandarmi 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/)
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
Romanian airline AnimaWings is considering incorporating Buy Now, Pay Later options in its travel offers, similar to the ones already popular in the retail sector, Profit.ro reported. The new ticket financing strategy would be a first in the local aviation market. “It is not yet practiced...
Renowned Romanian author Mircea Cărtărescu will tour the United Kingdom from November 18 to 20 to mark the publication of the English edition of his novel Blinding: The Left Wing, released by Penguin Books. The volume, translated by Sean Cotter, is the first part of Cărtărescu’s acclaimed Blinding trilogy. The tour, organized by Penguin Books […]
Ahold Delhaize, the owner of the local supermarket chains Mega Image and Profi, has appointed Xavier Piesvaux as country manager for Romania beginning January 1, 2025. Piesvaux, who was brand president of Mega Image from 2006 to 2015, will return to the country, where he will oversee the expansion of the company’s local brands Mega […]
Timișoara, Bucharest, and Cluj-Napoca occupy the top three positions in the “Perfect City 2026” ranking conducted by the Bucureștiul Meu website. The study, which analyzed the quality of life in 17 Romanian municipalities, took into account seven criteria: infrastructure, the medical system, air quality, access to nature, cultural activities, relative salary, and the financial index. […]
Cargus, one of Romania’s leading courier companies, recorded a 15% rise in delivery volumes over the Black Friday weekend, 7-10 November, compared to the same period in 2024. In total, the company delivered almost half a million parcels per day nationwide. These results confirm the positive trend of the e-commerce market and highlight Cargus’s strong […]
