Category: Uncategorized
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Romania’s Port of Constanța to receive EUR 254 million investment
An investment of over RON 1.26 billion, approximately EUR 254 million, is set to be made in the Port of Constanța, to increase maritime transport capacity and the volume of commercial exchanges. The funds will be used for the construction of a quay and the development of a port area covering 550,000 square meters. The…
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Bucharest Tribunal replaces judicial control with preventive arrest for Sinaia mayor
The Bucharest Tribunal has approved the National Anticorruption Directorate’s (DNA) request for the preventive detention of Vlad Oprea, the mayor of the popular mountain town of Sinaia, following alleged violations of judicial control restrictions imposed on him in the case in which he faces several charges of corruption, news agency Agerpres reported. The decision was…
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Politico: Trump admin took Romania’s cancelled elections into consideration regarding Visa Waiver
The cancellation of the elections in Romania in November 2024 was taken into account when the Trump administration excluded Romania from the Visa Waiver program, according to an internal note from the National Security Council obtained by Politico US. Back in March, the US Department of Homeland Security said that Romania had lost its chance…
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Romanian far-right presidential candidate George Simion embroiled in several scandals ahead of vote
Far-right leader of the Alliance for the Union of Romanians (AUR) party, George Simion, currently running for president of Romania, made the news on Thursday, May 15, when he called his centrist opponent Nicusor Dan autistic. He also made a controversial appearance on a French television channel and was featured by Politico as a danger…
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Cushman & Wakefield Echinox: Bucharest office market sees demand slowdown, but signs of recovery ahead
The Bucharest office market recorded a significant drop in leasing activity during the first quarter of the year, with gross take-up reaching 51,300 square meters – down 44% compared to Q1 2024, according to data from Cushman & Wakefield Echinox. Despite this slowdown, the market is showing early signs of recovery, with a series of…
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Legal opinion by attorney Răzvan Popescu: Freedom of expression does not exempt one from legal responsibility. “Public figure” and “public facts” – concepts lacking solid legal basis
Increasingly invoked in the public space, the right to freedom of expression risks being applied indiscriminately, to the detriment of other fundamental rights such as the right to privacy and the protection of personal data. In a legal analysis covering both European and national law, attorney Razvan Popescu highlights the risks of excessive interpretation of…
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STIRIXIS Group designs the cinema of tomorrow for Village Cinemas, starting with The Mall Athens
STIRIXIS Group, the internationally awarded Greek Design & Consulting firm with over 850 projects in 29 countries, has designed and delivered the new, cutting-edge entertainment hub for Village Cinemas at The Mall Athens. The newly designed reception and support areas – including the foyer, the gaming zone, the Village Center retail shop, and the ticketing…
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Romgaz files lawsuit seeking dissolution of Greenpeace Romania, energy minister says
Romgaz, Romania’s largest natural gas producer, has initiated legal proceedings seeking the dissolution of Greenpeace CEE Romania, citing insolvency and alleged misuse of the organization’s structure to avoid financial accountability, energy minister Sebastian Burduja announced. The lawsuit was filed through Romgaz’s subsidiary involved in the Neptun Deep offshore gas project and registered at the Bucharest…
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Photon Energy and Hyperion Renewables partner for solar project in Romania
Photon Energy and Hyperion Renewables have signed an engineering, procurement, and construction (EPC) contract for a 34 MW solar power plant in Săliște, Romania, with plans to expand the facility to 38 MW. Construction is set to begin in the third quarter of 2025, with commercial operations expected a year later. The project, developed by…
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Romania’s net wage up real 4.8% y/y in Q1
Romania’s average net wage increased by 9.8% y/y to RON 5,457 (EUR 1,097) in the first quarter of 2025, according to data published by the statistics office INS. In real terms, the annual growth rate was 4.8% – significant in absolute terms but the weakest in seven quarters. The net wage in Romania leaped up…