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Supporters of former presidential candidate Călin Georgescu gathered outside the Parliament Palace in Bucharest, which houses the Constitutional Court, on January 10, demanding a rerun of the second round of the 2024 presidential elections. The protest, dubbed “The Great Judicial Union,” was initiated by Georgescu, who called on his supporters to challenge the election annulment,…

International Workplace Group, a provider of hybrid working solutions, recently announced the opening of a modern flexible workspace in Bucharest. Located in the Vastint Business Garden building, this new location comes to meet a demand for shared workspace in the area. The new Spaces center also offers a variety of amenities, including restaurants, fitness centers,…

Over 7,800 lighting fixtures on 34 boulevards in Bucharest are set to be replaced by summer to more energy-efficient options, according to mayor Nicușor Dan. The general mayor mentioned that so far, 4,830 public lighting sources have been renewed with the help of funds from the Environmental Fund Administration. Additionally, the Bucharest City Hall managed…

Romanian prime minister Marcel Ciolacu announced during the first government meeting this year that over 200 kilometers of highways and express roads are planned to be inaugurated in 2025.  Among the key projects highlighted was the Focșani-Brăila expressway, valued at over EUR 1 billion, for which multiple bids have been submitted, Agerpres reported. “In the…

The Romanian executive recently granted emergency approvals for banned bee-killing pesticides in clear violation of European regulations, according to the European branch of the well-known US political news outlet Politico. Specifically, the Romanian ministry of agriculture greenlit the use of Cruiser 350 FS – a neonicotinoid insecticide banned in the EU due to its devastating impact…

SevenX Ventures increased its stake in Holde Agri Invest, one of Romania’s largest agricultural land operators, the company announced. At the same time, Leonard Leca, a member of Holde’s Board of Directors and an investor in SevenX Ventures, increased his holding in SevenX Ventures to 71%, resulting in a reduction of Vertical Seven Group’s stake…

Romanian finance minister Tanczos Barna confirmed on January 9 that the tax collection agency ANAF, together with the judicial bodies, is investigating the financing of the electoral campaign of former presidential candidate Călin Georgescu, focusing on “the manner and flows of money that arrived from various sources.” “It is an investigation alongside the judicial bodies,…

Romanian energy minister Sebastian Burduja announced that he is considering extending the capping-compensation scheme, in its current form, for another 3-6 months after April 1, 2025 – when it was supposed to be phased off. The ministry is working on several scenarios, he said.  One of the scenarios is to keep the compensation-cap scheme for…

Turkish exporters want to use a new maritime route for their goods and are looking at Romania’s port of Constanta in the context of hundreds of trucks waiting for a long time at the border crossings with Bulgaria, especially at those at Kapikule and Hamzabeyli, according to Türkiye Today. Umit Mirza Cavusoglu, president of the…

The European Commission has refused to grant a temporary derogation from the obligation to purchase greenhouse gas emission certificates (CO2) for natural gas and coal-fired energy produced by Romanian companies OMV Petrom and CEO for the Republic of Moldova, according to Profit.ro quoting energy minister Sebastian Burduja.  Romania and Moldova requested such a derogation recently…