Category: Uncategorized
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Romania’s DIICOT links Tate brothers to asset removal and trafficking of minors
Prosecutors from Romania’s Directorate for Investigating Organized Crime and Terrorism, or DIICOT, announced on Friday, July 3, that they have expanded the investigation into brothers Andrew and Tristan Tate with new charges. The announcement comes after another expansion of the case, made public by DIICOT last month, regarding money laundering and human trafficking. In total,…
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Romania in talks with Ukraine to prevent further drone-related incidents
Romanian foreign minister Oana Țoiu announced that a protocol is being discussed with the Ukrainian side to prevent further incidents involving drones. According to the official, Ukraine will inform Romania if they lose control of drones again and will program them to explode before entering Romania’s territorial waters. The talks come after an out-of-control Ukrainian…
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Council of Europe: Romania improved anti-money laundering measures, but shortcomings persist
Romania has taken steps to enhance its anti-money laundering and terrorist financing (AML/CFT) measures but still needs to tackle some shortcomings, according to the Council of Europe’s Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL). The Committee’s conclusions were published in a report released on Monday, July…
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Romanian airline AnimaWings adds eighth Airbus, launches new European routes
Romanian airline AnimaWings announced that it took delivery of its eighth Airbus aircraft and announced the launch of five new scheduled routes from Bucharest, Timișoara, and Cluj-Napoca. The expansion is part of the carrier’s strategy to grow its network and meet increasing demand for direct flights to major European business hubs and Romanian communities abroad.…
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BOG’ART to lead redevelopment of AFI Central Tower in downtown Bucharest
Real estate developer AFI Romania said that it appointed Romanian construction company BOG’ART as the general contractor for the redevelopment and modernization of AFI Central Tower, its landmark mixed-use project on Calea Victoriei in central Bucharest. The project will transform the former Bucharest Financial Plaza into a modern office and retail destination. The redevelopment follows…
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Report: Private equity and venture capital investments in Romania exceeded EUR 433 million in 2025
The value of private equity and venture capital investments increased more than fourfold in 2025 to reach EUR 433.6 million, according to the annual study of the Romanian Private Equity Association (ROPEA), drafted in collaboration with Deloitte. As a share of the national economy, private equity investment activity reached 0.114% of GDP in 2025, exceeding…
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Rome’s Palazzo Altemps to host exhibition by Romanian artist Mircea Cantor
Palazzo Altemps, one of the sites of the National Roman Museum, will host, beginning next week, an exhibition of works by Mircea Cantor. Titled Constellations of Antiquity, the show has been conceived as a site-specific intervention, where the collection of ancient sculptures housed by the museum enters into a dialogue with the fifteen works and…
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Romanian prosecutors freeze EUR 6.4 mln in illegal care home network case
Prosecutors handling the criminal case targeting the illegal care home network operated by Viorel Pașca and his “Dumbrava – God Takes Care” association have placed seizures on the suspects’ movable and immovable assets to cover the enormous moral damages claimed by victims. The seizures in Bihor County, western Romania, are meant to prevent the alienation…
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STRABAG signs deal to acquire Iași-based construction company in Romania
Austrian construction group STRABAG SE has signed an agreement to acquire 100% of the shares of Romanian construction company DAROCONSTRUCT SRL, which is headquartered in Iași. The transaction is part of the group’s strategy to expand its presence in Romania. The deal, which is subject to customary regulatory approvals, is expected to close in the…
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Bucharest’s District 4 mayor unveils “Donald Trump” Romanian-American Friendship Park
Daniel Băluță, the Social Democratic (PSD) mayor of Bucharest’s District 4, presented the concept of the “Donald Trump” Romanian-American Friendship Park on Saturday, July 4, as the US celebrated 250 years since its Declaration of Independence. According to the mayor, the park represents friendship, shared values, and respect between nations. “Our architects have envisioned a…