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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…

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…

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…

Romania’s acting transport minister, Radu Miruță, announced the launch of an online form allowing train passengers to report problems encountered during their journeys. The initiative aims to help authorities identify recurring issues across the rail network based on passengers’ experiences rather than railway companies’ reports, he said. In a Facebook post, minister Miruță said he…

The Romanian training ship Mircea, a symbol of the Romanian Naval Forces, took part in the Parade of Tall Ships in New York on Saturday, July 4. The ship joined several tall ships from around the world in Sandy Hook Bay, south of New York, arriving on Friday, July 3. The same day, a powerful…

Romanian president Nicușor Dan promulgated last week the law declaring 2026 the “Year of Traian Vuia” to mark the 120th anniversary of the inventor’s pioneering powered flight. The initiative aims to honor one of Romania’s most prominent aviation pioneers through a series of commemorative events nationwide. Under the law, Parliament, the Presidential Administration, the government,…

Romanian president Nicușor Dan will attend the NATO Summit in Ankara on July 7-8, where allied leaders are expected to discuss defense spending, support for Ukraine, and strengthening the alliance’s collective defense amid a deteriorating security environment. The meeting will mark the second NATO summit hosted by Turkey, after the 2004 gathering that took place…

The bankruptcy manager of Romanian shipyard Mangalia will try to sell the shipyard’s assets on July 29 at the same price asked in the first attempt (EUR 184 million), at the request of the creditors, among which the largest is the company’s minority shareholder and former manager Damen. The prospective buyers Rheinmetall and MSC abstained…

Unit 1 of Romania’s Cernavodă nuclear power plant, operated by Nuclearelectrica (BVB: SNN), was reconnected to the national power grid on July 5 after completing a two-month planned shutdown programme, the company announced. The return of the 700MW reactor is expected to ease pressure on electricity imports during evening peak hours, when solar generation declines. According…

Romania’s Treasury cut the yields offered on local currency retail government bonds for the third consecutive month in its July Fidelis issuance, mirroring the broader decline in borrowing costs on international markets. The exception was the 10-year euro-denominated bond, whose coupon was raised to 6.2% from 5.8% in June. The Treasury has continued to lower…