Category: Uncategorized
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Bucharest to merge its cultural institutions into one entity
The Bucharest General Council voted on April 2 to merge the city’s seven institutions running cultural programs into one entity. As such, Arcub, Creart, Proedus, Lumina Cultural Center, Expo Arte Cultural Center, the Youth Center, and the Arts School will merge into the new Bucharest Urban Arts and Events. The move is part of a…
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Court rules to continue coup d’état trial of far-right Romanian politician Călin Georgescu, mercenaries
The trial of former presidential candidate and far-right, pro-Russian politician Călin Georgescu can begin, according to a decision by the Bucharest Court of Appeal communicated on Thursday, April 2. Georgescu is accused of complicity in an attempted coup d’état initiated by mercenary Horațiu Potra and 21 other individuals. In the decision, the court said the…
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Romanian PM Ilie Bolojan says he will not resign if Social Democrats issue 72-hour ultimatum
Romanian Liberal (PNL) prime minister Ilie Bolojan said he would refuse to step down if the Social Democratic Party (PSD) issues a widely expected 72-hour ultimatum demanding his resignation, amid escalating tensions within the ruling coalition. Speaking in an interview with Europa FM, as reported by Hotnews.ro, Bolojan made clear he would not accept such…
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Romania risks losing EUR 1.1 bln Resilience money unless it passes Urban Planning Code by July
The draft law on the Code of Territorial Planning, Urbanism, and Constructions, currently stuck in the Chamber of Deputies as the decision-making chamber, must be adopted within the following quarter so that it enters into force by the date of completion of the PNRR (end-September), according to Profit.ro. The deadline for the milestone is end-June,…
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Romanian group Superbet expands into Greek sports betting market
Super Technologies (Super), the sports betting group founded by entrepreneur Sacha Dragic, announced that it has officially launched its operations in Greece, according to Economedia.ro. Adam Lamentowicz, Chief Commercial Officer CEE, Super, said: “Greece is a mature and growing market, so we are proud to be present here. With this step, we are making a…
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Romania’s PM envisages talks with Pfizer on EUR 600 mln pay linked to Covid-19 vaccines
Romania should contact Pfizer, upon the pharma group winning a court ruling envisaging EUR 600 million payment owed by the Romanian state in the account of 29 million of Covid-19 vaccine doses contracted but not ordered, prime minister Ilie Bolojan announced in an interview with EuropaFM, according to Economica.net. Romania should negotiate the payment in…
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Ukraine’s Interpipe takes over Romanian pipemaker ArcelorMittal Roman
The Ukrainian Interpipe group, among the largest global producers of steel pipes, controlled by billionaire Victor Pinchuk – the second richest in Ukraine – took over the ArcelorMittal Tubular Products Roman factory in Romania. Interpipe reportedly signed the agreement for the acquisition in December, according to Profit.ro. ArcelorMittal Roman is Interpipe’s first acquisition of a…
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Romania to cut the excise duty for diesel and levy “solidarity tax” on oil companies
The Ministry of Finance in Romania has published for consultations the draft of emergency measures designed to protect fuel consumers, which envisages reducing the excise duty on diesel and setting up a “solidarity contribution” charged to the domestic crude oil producers – mainly OMV Petrom. The logic of the solidarity contribution seems to be offsetting…
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‘Marie of Romania: Artist Queen’ exhibition arrives at King Charles III House in Viscri
The exhibition Marie of Romania: Artist Queen. A Floral Conversation has opened at the King Charles III House in the Transylvanian village of Viscri, bringing to Romania the project first presented in London. The exhibition explores the artistic legacy of Queen Marie and her deep connection to the flora of her adopted country. The exhibition,…
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Mircea Lucescu leaves role as Romania’s national football team coach
Mircea Lucescu has stepped down as head coach of Romania’s national football team, the Football Federation FRF announced. The end of his contract marks the conclusion of his second term in charge of the national team. Under his leadership, Romania delivered a strong campaign in the UEFA Nations League, securing a place in the March…