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The financial worries of the Romanians: income stability, children maintenance, pension

October 21, 2019
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Romania’s acting president calls parties to consultations ahead of EU summit on Ukraine, security

Romania's acting president, Ilie Bolojan, has invited leaders of parliamentary parties to consultations on Wednesday, February 26, to prepare the country's stance for the extraordinary European Council meeting on March 6 in Brussels.  The summit, convened by European Council president Antonio Costa,...

Romania’s Anti-Corruption Directorate conducts searches at Port of Constanța

Roughly 40 searches took place in the Port of Constanța and other locations on Monday, February 24, in an investigation by the Anti-Corruption Directorate, or DNA, targeting influential local businessmen, former customs officials in the port, and one of the leaders of the Constanța branch of the governing Social Democratic Party (PSD). The prosecutors’ accusations […]

New eco initiatives in Bucharest: Educational park space, Dâmbovița River project secure funding

The Bucharest Community Foundation has announced funding for two new projects aimed at enhancing climate resilience in the Romanian capital by implementing sustainable ecological solutions to improve urban infrastructure and environmental quality. The projects were selected through the sixth round of the Environmental Platform for Bucharest initiative. Out of 16 eligible proposals, the jury chose […]

Romanian citizen liberated in seventh Hamas-Israel hostage exchange

One of the hostages released on Saturday, February 22, by the terrorist organization Hamas also holds Romanian citizenship. The exchange took place before another setback in negotiations and exchanges. Hostages Tal Shoham and Avera Mengistu were released during a staged event in Rafah, and hostages Eliya Cohen, Omer Shem Tov, and Omer Wenkert were released […]

Western Romania: Polish Scallier opens new retail park in Arad

Polish company Scallier, who is expanding its network of Funshop Park retail parks in Romania, is set to open a new shopping center in the Arad region. The opening date for the roughly 10,000 sqm retail park is March 6. The decision to build a retail park in the Arad region in western Romania was […]

Morphosis Capital acquires minority stake in space tech firm EnduroSat in first investment outside Romania

Morphosis Capital Fund II has made its first investment outside Romania by acquiring a minority stake in EnduroSat, a leading European provider of high-end satellites and space services. The investment is part of a broader funding round aimed at accelerating EnduroSat’s expansion in the fast-growing "New Space" industry. EnduroSat, founded by Raycho Raychev, specializes in […]