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The far-right Alliance for the Union of Romanians (AUR) holds a commanding lead in voting intentions for parliamentary elections, according to the latest Informat.ro – INSCOP Research barometer conducted between May 26 and 30. Meanwhile, the traditional parties are losing ground. The data, gathered through 1,150 CATI (computer-assisted telephone interview) responses from a representative sample…

The Romanian postal company Poşta Română will install terminals for funding cryptocurrency accounts in its post offices as part of a pilot project in partnership with BTR Exchange (Bitcoin Romania), the country’s leading crypto exchange platform.  The first terminal is already operational inside Post Office 1 in Tulcea, eastern Romania, and allows users to deposit…

Romanian and Italian investigators backed by the European Anti-Fraud Office, or OLAF, dismantled a cross-border network involved in the illegal production and smuggling of cigarettes. Searches in Timiș County, western Romania, uncovered 25 million cigarettes, while an illegal cigarette factory was discovered in Italy.  “As a result of the investigations carried out, in cooperation with…

Romanian prosecutor Neculai Cârlescu has accused the leadership of the National Anticorruption Directorate (DNA) of obstructing his investigation into the former head of the Financial Supervisory Authority (ASF), Nicu Marcu. The allegations are detailed in a formal complaint submitted to the Judicial Inspection and reviewed by investigative journalists at Recorder. Cârlescu claims his independence as…

The Supreme Council of National Defense (CSAT) will discuss at its next meeting scheduled for this month the options to include the large-scale tax evasion in the National Defense Strategy and to involve the intelligence services in investigating large-scale tax evasion, president Nicusor Dan confirmed for G4media.ro. While the former would rather send a signal…

Romania has launched a national funding program worth EUR 56 million to support local administrations in producing thermal energy from geothermal water, minister of investments and European projects Marcel Boloș announced on June 3. The financing call is aimed exclusively at local authorities and is intended to reduce dependence on gas by harnessing the country’s…

Real estate developers plan to complete 32,000 new apartments in Bucharest by the end of 2028, according to Economica.net, quoting data provided by Imobiliare.ro. However, the current supply of housing units remains low, the publication argues. But not by historic levels: the number of new housing units completed in Bucharest has surged over the decade to…

Arobs Transilvania Software (BVB: AROBS), the largest IT company listed on the Bucharest Stock Exchange, has received shareholder approval to acquire a majority stake in a United States-based software development company, according to data published by Termene.ro. The transaction, approved at the end of May, involves the purchase of 70% of the share capital of…

The European Commission is expected to grant Romania additional time to present and implement a fiscal corrective package before considering punitive measures such as suspending disbursements under the EU’s Resilience Facility and cohesion policy funds, Bloomberg reported on June 2, citing sources familiar with the matter. Romania is under pressure to reduce its fiscal deficit,…

Experts from Spain, the Netherlands, Germany, and Hungary will arrive in Romania starting Wednesday, June 4, to help assess the situation at the Praid Salt Mine in Harghita County following major flooding that has caused significant structural damage, News.ro reported. Romanian authorities have activated the EU Civil Protection Mechanism to bring in international support, with…