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Bogdan Peschir, accused of corrupting voters in the electoral campaign of pro-Russian candidate Călin Georgescu during the electoral campaign in Romania last year,  remains in custody during investigations after his appeal was rejected, according to G4Media. Businessman Bogdan Peschir was placed under arrest on March 21 for 30 days after his home was searched in…

The Romanian association Elsaco-Energomontaj is the winner of a tender organized by the Municipality of Râmnicu Vâlcea for the construction of a gas-fired cogeneration power plant with a capacity of 145 MW on the CET Govora platform, according to Economedia. The value of the contract is RON 534 million (EUR 100 million) and the project…

Several film festivals are happening in Bucharest, alongside a coffee culture festival, concerts, and exhibitions. In Bucharest: One World Romania April 4 – April 13 The festival has three main sections (Dialogues, Reverberations, Existing, Resisting) and a focus section dedicated this year to British filmmaker  Marc Isaacs. The event takes place at the Peasant Museum…

La French Tech Bucharest announces the third edition of its highly anticipated flagship event, Sustainability meets Profitability, set to take place on April 8th, 2025, at the Romanian – American University (1B Expoziției Boulevard, Bucharest), starting at 18:30. Sustainability meets Profitability event will explore the new regulations companies—big or small—must navigate and how they can turn…

The builders of Romania’s important A1 Sibiu – Pitești highway are set to start the construction of a bridge over 300 meters long and at least 100 meters wide, allowing the animals of the Southern Carpathians to cross from one side to the other.  The investment will pay off as a corridor for large mammals…

Several Romanian military personnel who were on parental leave went to Congo as mercenaries, according to a statement from the Ministry of National Defense.  The issue of active soldiers taking mercenary work first came up on the public agenda after PressOne reported on Romanian soldiers employed by Horațiu Potra. Himself a former mercenary, Potra is…

The local business services industry has potential for growth, even if it will see a slower pace because the market is a mature one and given the high regional and global competitiveness, according to a report carried out by the Association of Business Service Leaders in Romania (ABSL) in partnership with Deloitte Romania. Still, the…

The European Investment Bank and the government of Ukraine have agreed to allocate EUR 50 million from EIB funding to Ukraine’s national railway company, Ukrzaliznytsia, for the modernization of key railway border crossings with Poland, Slovakia, Hungary, and Romania.  The project includes repairs to worn-out railway tracks, the relocation of wagon inspections, the reconstruction of…

Medicover has acquired the operations of the lab tests provider Synlab Group in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia in a transaction worth EUR 71.3 million, the company announced. The transaction was financed from Medicover’s own sources. It was carried out by Medicover for its diagnostic services division, present in Romania under the…

On Wednesday, April 2, eVOTE, the platform for electronic participation in the General Shareholders’ Meetings of the companies listed on the Bucharest Stock Exchange, launched the platform extension with eVotePRO.  The facility is the first electronic voting solution designed for institutional investors in Romanian companies to participate in and vote during the GSM of the…