Category: Uncategorized

Romania’s minister of finance, Alexandru Nazare, announced a new proposal to introduce an adaptive minimum share capital system for limited liability companies (SRLs), linking the required capital to company size.  The initiative follows consultations with entrepreneurs and aims to address widespread issues caused by the current symbolic capital threshold of just RON 1. Initially, the…

Traffic (Jaful Secolului), a Romania-Belgium-Netherlands co-production directed by Belgian-Romanian director Teodora Ana Mihai from a screenplay by Romanian filmmaker Cristian Mungiu, is scheduled for release in local cinemas on September 23. The film is inspired by the real case of a burglary carried out by a group of Romanians at the Kunsthal Rotterdam, in October…

Prosecutors of the Prosecutor’s Office attached to the Bucharest Tribunal and judges of the Bucharest, Târgu Mureș, Iași, Bacău, Galați, Suceava, and Oradea Courts of Appeal announced on Tuesday, August 26, that they are suspending their activity “indefinitely” to protest the government project to cut magistrates’ special pensions. Also joining them are judges from the…

The Turda Salt Mine, in central Romania, will be expanded with a new tourist space, which will have 5 panoramic elevators, an artificial river, as well as several suspended walkways, following an investment of almost RON 100 million (EUR 20 million), according to local authorities cited by Profit.ro.  At the end of the development, a…

Over 1.7 million Bucharest residents are exposed to a noise level that exceeds legal limits during a normal day, according to a draft project of the Bucharest General Council, cited by Digi24. Local authorities aim to reduce the noise level in the city, starting from a report from the Environmental Directorate, which shows that nearly 1.9 million…

PPC Renewables Romania has installed the first two turbines at what will become the largest wind farm in the country’s Moldova region, located in Vaslui county, the company announced. The Deleni wind farm will feature 23 turbines with a total installed capacity of 140 megawatts. Equipped with GE Vernova turbines of 6.1 MW each –…

Three Romanian artists, Maia Ștefana Oprea, Alina Tofan, and Cătălin Rulea, have created new site-specific works inspired by the natural and cultural heritage of the Țara Hațegului UNESCO Global Geopark, to be showcased in Bucharest as part of the exhibition The Big Green: Soil. The show, running August 27 to September 14 at the “Dimitrie…

Real estate developer Nusco has sold one-third of the villas in its new residential project, Nusco Green Homes, a premium sustainable housing compound north of Bucharest. Located in the town of Tunari, the EUR 30 million development includes 61 villas, of which 21 have already been sold, the company said. Marketed as the first fully…

Romanian startup rentnbuy.com, a proptech platform connecting tenants and landlords, has officially launched on the local market after securing a EUR 550,000 pre-seed investment at a valuation of more than EUR 5 million. The company said it plans rapid expansion across Central and Eastern Europe, Ziarul Financiar reported. The platform, which eliminates traditional brokerage commissions…

Romania is set to transfer to Ukraine the 23rd military aid package since the start of the war, according to Ukrainian defense minister Denys Shmyhal. Romania “has already provided Ukraine with 22 military aid packages, and soon our soldiers will receive the 23rd,” the minister said in a Facebook post, without giving details about what…