Category: Uncategorized

Judges of the Bucharest Court of Appeal approved on Wednesday, February 5, the prosecutors’ request for the preventive arrest of five defendants in the case targeting real estate developer Nordis. Among them are Laura Vicol, the former Social Democrat (PSD) head of the Legal Committee in the Chamber of Deputies, and her husband, Vladimir Ciorbă,…

Giggle, a digital platform designed to streamline temporary employment, has officially launched in Romania, aiming to revolutionise the way companies and workers collaborate on short-term tasks. The platform provides businesses with on-demand staffing solutions, reducing recruitment time and employee costs while offering day laborers greater work opportunities and income diversification, enhancing their financial independence, the…

The former prime minister and president of the National Liberal Party (PNL) until his recent defeat in the presidential elections, Nicolae Ciucă, announced his resignation from the Romanian Senate on February 5. Selected by president Klaus Iohannis in April 2022 to replace Florin Citu as the leader of the Liberal Party despite his sparse political…

Motesar Holdings, owned by companies from Luxembourg and Cyprus, acquired a stake of over 93% in the Romanian tissue paper maker MG Tec Industry by a RON 141 million (EUR 28 million) capital increase, according to Economica.net. The deal, except for the financial terms, was announced last October. The company’s founder, Vasile Nicolae Hăşmăşan, thus…

Astra Film International Documentary Festival has officially opened registrations for the 2025 edition. In addition, the organizers have announced the introduction of a new competitive section this year: Short Film.  This year, the festival will take place in Sibiu from October 19 to 26. Filmmakers from around the world can submit their documentaries until April…

Soarele Moldovei. Inceputul (Moldavian Sun: The Beginning), a Romanian production presenting the childhood of 15th-century Moldavian ruler Ștefan cel Mare (Stephen the Great), is available for streaming worldwide at soarelemoldovei.ro. For every purchase of the film, produced by Razem Pictures, 5% of the price is directed to the Calea Victoriei Foundation, a non-profit organizing cultural…

On the occasion of the Constantin Brâncuși National Day on February 19, the Romanian Cultural Institute (ICR) in New York will host The Brâncuși Month in New York, a series of events marking 149 years since the birth of the iconic sculptor.  The program, running from February 7 to 21 at the institute’s Midtown Manhattan…

Homing Properties, a real estate developer specializing in mid- to high-end residential projects, has announced the receipt of the construction permit for its large-scale project, Homing Village. Located in the northern part of the capital, in the Pipera area, this residential complex will include 140 luxury villas and represents an investment of 35 million euros.…

General mayor Nicușor Dan announced the public consultation of a draft decision approving the Bucharest Velo Master Plan, a strategic document aimed at developing the cycling infrastructure network over the next decade. The plan envisions a major network of 150 km of bike lanes and a secondary network of 415 km by 2035. The document…

Lion’s Head Investments has entered the Romanian logistics market with the acquisition of a 155,000 sqm land plot in Popești-Leordeni, near Bucharest. The company, a joint venture between AG Capital and Old Mutual Property, plans to develop an 85,000 sqm logistics park on the site, with construction set to begin in the first half of…