Category: Uncategorized
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France denies Romanian authorities’ request to extradite fugitive prince Paul a second time
The Paris Court of Appeal refused to extradite prince Paul Philippe to Romania, where he has to serve a prison sentence in an illegal restitution case on Wednesday, July 9. This is the second time that France has denied a request for his extradition. The refusal comes after a month of analysis. The president of…
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Cushman & Wakefield Echinox: Romania’s industrial rents still among lowest in EMEA despite upward trend
Industrial rents in Romania remain among the lowest in the EMEA region, despite a 15% increase since 2019, according to the latest Waypoint Global Industrial Dynamics Report released by real estate consultancy Cushman & Wakefield Echinox. The report highlights Romania’s competitive position within a rapidly evolving global logistics landscape, where Central and Eastern Europe (CEE)…
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Arctic wolf cubs born at Oradea Zoo in Romania
Two Arctic wolf cubs were born this year at the Oradea Zoo in western Romania and quickly became the main attraction for visitors. The two cubs, male and female, are a first for Romanian zoos. They are more active in the morning and are already 8 weeks old. Nevertheless, they are still very young, so…
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Timișoara inmates join artistic workshops in ‘Out of the Box II’ reintegration project
Thirty inmates from Timișoara Penitentiary have begun participating in artistic workshops as part of Out of the Box II, a cultural project led by visual artist Regina Damian. The initiative blends contemporary art with the social reintegration of people in detention, offering participants a creative outlet and a space for self-reflection and identity rebuilding, the…
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Romania’s Allianz-Țiriac Private Pensions appoints new CEO
Ciprian Pop has received authorization from the Financial Supervisory Authority (ASF) for the role of Chief Executive Officer (CEO) of Allianz-Țiriac Private Pensions, the company announced. He is joined on the executive leadership team by Alexandra Bălan Marinescu, deputy CEO. With nearly two decades of experience within Allianz-Țiriac and the broader Allianz Group, Ciprian Pop…
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Summer events in Romania: Film festivals and outdoor screenings
The summer months are filled with film festivals, many of them holding outdoor screenings to take advantage of the warm summer evenings. Below is a selection of upcoming events. Ceau, Cinema! July 16 – July 20, Timişoara The 12th edition of the event features a comprehensive program, encompassing Romanian film premieres, a Ken Loach Focus,…
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Romania’s real estate investment market reaches EUR 386 mln in H1 2025
Romania’s commercial real estate investment market recorded transactions totaling EUR 386 million in the first half of 2025, reflecting a 7.4% decrease compared to the same period last year, according to iO Partners. Despite the overall decline, the office segment showed signs of renewed investor interest, attracting EUR 169 million, or 44% of the total…
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Romanian police target group of hackers who obtained tax refunds from the UK
Romanian police conducted 13 house searches in Bucharest and the counties of Ilfov, Giurgiu, and Călărași on Thursday, July 10, in a case involving a group of hackers that defrauded the tax system in the United Kingdom. The suspects allegedly hacked the tax accounts of over a thousand British citizens and obtained fictitious tax refunds…
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Romania to raise fines for feeding bears by the roadside, environment minister says
Environment minister Diana Buzoianu announced plans to toughen penalties for individuals who feed wild bears from their cars, following growing concerns over human-wildlife interactions along the scenic Transfăgărășan road. Speaking on Wednesday, July 9, at a meeting convened at the Ministry of Environment, Buzoianu emphasized the urgency of curbing illegal bear feeding, which she said…
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Romania to implement Iron Dome air defense system, minister says
Romanian defense minister Ionuț Moșteanu announced this week that the government aims to import the air defense system also used by Israel, known as the Iron Dome, G4media.ro reported. The Iron Dome will protect Romania from attacks with short and very short-range missiles. The contract for the SHORAD-VSHORAD air defense system is to be signed…