Category: Uncategorized

The new Forestry Code, which passed the Parliament vote on December 17 and was signed into law by president Klaus Iohannis on December 20, includes provisions that protect all forests in Ilfov, the county surrounding Bucharest, making them the cornerstone of the future green belt around the capital city. Moreover, it legislates green belts nationwide,…

Hotel International Băile Felix, in western Romania, will enter the Mercure brand after a franchise contract with French multinational hospitality Accor. According to the managing company behind the hotel, the publicly-traded Tourism Felix SA (TUFE), the approval of the franchise contract by the company’s Board of Directors represents an essential first step towards sustainable development.…

Bucharest’s Police will be equipped with 100 state-of-the-art drug detection devices as part of a new initiative by the Capital City Hall, mayor Nicușor Dan announced. The acquisition has been completed, and the first 50 units have already been delivered to the authorities. According to mayor Dan, the devices, equipped with cutting-edge technology, can detect…

Romania’s National Company for Road Investments – CNIR has partnered with the National Administration of Penitentiaries to allow semi-open regime detainees to work on future highway and express road construction sites.  The initiative aims to support social inclusion and provide detainees with the opportunity to gain work experience, as they can continue to work for…

The fragile self-declared “pro-EU” ruling coalition in Romania, formed by the same ‘grand coalition’ of Social Democrats (PSD) and Liberals (PNL) significantly less numerous in Parliament but now enjoying the support of the Hungarian party UDMR, was endorsed by the MPs with a majority of 240 votes – seven more than needed – on December…

The new government of Romania promises EUR 155 billion of public investments in the next five years and EUR 120 billion in the next four years, according to the ruling strategy outlined on December 23 when the lawmakers endorsed the new cabinet. The figure accounts for some 6%-7.5% of GDP per year. However, it includes…

The new executive in Bucharest has already agreed on the emergency fiscal corrective package aimed at preventing major fiscal slippage in 2025 and is set to publish the document on December 27. The document prevents the immediate enforcement of measures (rise of pensions and some wages in the budgetary sector) that would have generated supplementary…

Bucharest mayor Nicușor Dan has reiterated his intention to run as an independent candidate in the presidential elections next year, saying Romania needs a new way of doing politics. His announcement came in response to the ruling coalition’s recent presentation of their presidential candidate – former Liberal leader Crin Antonescu. Dan first announced his intention…

Daniel Christian Hulea, a Romanian man accused of contributing to the NetWalker ransomware attacks, has been sentenced to 20 years in prison after pleading guilty to conspiracy to commit computer fraud and wire fraud, according to a public announcement from the US Department of Justice.  NetWalker was a Ransomware-as-a-Service operation launched in 2019, which recruited…

The new Romanian government, headed by the same Social Democratic prime minister, Marcel Ciolacu, recently made its governance program public. Among its objectives are reducing the level of bureaucracy, maintaining the flat tax rate, and reducing the budget deficit to 7% in 2025. To reach its goals, the government reduced the number of ministries to…