Another selection focused on road movies is on at Elvire Popesco cinema, while the Bucharest public can also attend another edition of Nostalgia, the festival celebrating music for all generations.
One of Romania's most powerful media owners, Adrian Sarbu, best known for his several years at the helm of listed international company Central European Media Enterprises, was retained for 24 hours on Monday under charges of abetting tax evasion, money laundering and embezzlement. The charges are related to a major tax evasion case involving the Romanian company he owns, Mediafax Group. Sarbu rejects the charges, claiming the case was fabricated against him by prime minister Victor Ponta and Ponta's crony Sebastian Ghita, an influential and controversial politician and businessman.
Another selection focused on road movies is on at Elvire Popesco cinema, while the Bucharest public can also attend another edition of Nostalgia, the festival celebrating music for all generations.
President Nicuşor Dan said on June 25, asked about the freezing of pensions and public salaries next year, that this is in the ruling strategy of the government already endorsed by the lawmakers hence, so this might be observed. "Let's start sticking to the things announced in advance," said president Dan, as quoted by
The Netherlands will transfer 18 F-16 fighter jets to Romania by the end of 2025 for the symbolic sum of EUR 1, defense minister Ionuț Moșteanu announced on June 25 during a press conference in The Hague alongside president Nicușor Dan, following the conclusion of the NATO summit, according to
The European Commission imposed "firm and rigorous conditions" for the investments funded under the National Recovery and Resilience Plan (PNRR), and this resulted in an estimated risk of losing EUR 7.8 billion (27%) out of a total envelope of EUR 28.5 billion, former minister of investments and European projects Marcel Boloş announced on his Facebook […]
Romanian companies tend increasingly to borrow from parent foreign groups rather than going to local banks, according to data from the National Bank of Romania (BNR) cited by Cursdeguvernare.ro. The share of such intra-group foreign loans increased to 44% in 2024...
The financial investors who took over the Romanian retailer with a rapid expansion, La Cocos, are selling their 70% stake to Schwarz Group – the market leader that operates the Lidl and Kaufland chains. The founder of the chain expects the German group to preserve the Romanian retailer's identity and develop it along Lidl and […]