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Liberal (PNL) leader and prime minister Ilie Bolojan sharply criticized the Social Democratic Party (PSD) for joining forces with the far-right Alliance for the Union of Romanians (AUR) to prepare a no-confidence motion against the government. He accused the former ruling partner PSD of “blowing up” the governing coalition and paving the way for a…

Romania’s Black Sea coast is offering more than just seaside relaxation this May 1 holiday, with visitors invited to explore art exhibitions at the Constanța Casino and the Art Gallery. The two shows, organized by Art Safari, bring together history and contemporary art in two of the city’s key cultural venues. The landmark Constanța Casino,…

The community of international investors in Romania, reunited in the Foreign Investors Council, or FIC, said in a press release on Monday, April 27, that Romania’s economic progress depends fundamentally on a stable and predictable governance framework. The message comes amid a full-blown political crisis that began last week when the Romanian Social Democrats (PSD)…

The city of Botoșani, in eastern Romania, is currently testing the first laser projection system for pedestrian crossings in Romania. The laser system involves projecting, from a pole, a pedestrian crossing onto the roadway. The new laser pedestrian crossings are being tested in three locations in the municipality. The project aims to increase the visibility…

Romania’s regulatory framework for AI, crypto and blockchain is largely in place through directly applicable EU legislation – but deployment is outpacing governance, and the liability is landing on companies that assumed compliance was their vendor’s problem. In this interview, Mihai Voicu, Partner at ONV LAW and head of the firm’s Code/Lex technology, AI and…

The cross-border bridge connecting Romania and Ukraine, located on the outskirts of the municipality of Sighetu Marmației, will be opened to road traffic at the beginning of July. The investment is valued at roughly EUR 50 million. The scheduled opening of the bridge was announced by the president of the Maramureș County Council, Gabriel Zetea.…

Edition 1011 Featured by Versace Ceramics, the first integrated branded residences project developed in collaboration with Versace Ceramics in Romania, is set to attract an investment evaluated at approximately EUR 130 million, undertaken by Ten Eleven Development, founded and led by entrepreneur Constantin Iacov.  The Edition 1011 Featured by Versace Ceramics will offer four residence…

Mars announced the appointment of Alkis Geralis as Market Director for its Mars Wrigley operations in Romania and Moldova, starting this April. The move comes as the company looks to strengthen its presence and accelerate growth in the region. In this role, Alkis Geralis will take responsibility for driving the development of some of Mars…

Romania marked a major step in biodiversity restoration with the reintroduction of the moose to the wild after more than two centuries. Four animals arrived in the Vânători-Neamț Natural Park, in what was described as a historic moment for conservation. The four moose (Alces alces) were brought from wildlife centers in Germany, France, and Switzerland,…

The Supreme Court of Cassation in Sofia, Bulgaria’s highest court of appeal, rejected the request of Romanian liquidator CITR to annul the July 2024 decision of the International Court of Arbitration (namely the International Arbitration Tribunal in Sofia), which had confirmed the legality and validity of the reinsurance contract signed by Euroins Romania and EIG…