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The United States Department of Defense recently published a notice of intent regarding a government tender for the construction of special telecommunications links between the missile defense base at Deveselu, in Romania, and other bases in Europe. The project seeks to link Deveselu and bases in Italy and Germany. The former concerns the facilities in…

The Romanian interim head of state, Ilie Bolojan, will be received on Saturday, March 1, by Moldovan president Maia Sandu during an official visit to Chișinău, as announced by the Presidential Administration of the Republic of Moldova. According to the official schedule, during the visit, Maia Sandu and Ilie Bolojan will hold a press conference…

More details emerged from the case involving far-right politician and presumed presidential candidate Călin Georgescu after he was picked up and brought for questioning by prosecutors. Georgescu, who was placed under judicial control for 60 days, allegedly asked Romanian-born billionaire Frank Timiș for money through the infamous mercenary Horațiu Potra, to finance his electoral campaign, Euronews…

Global Vision, a leading real estate company in Central and Eastern Europe, announced the appointment of Antoanela Comșa as deputy CEO.  Comșa previously served as president of the Romanian Real Estate Investors Association (AREI) for two terms, later continuing as a member of the Association’s board. Recently, she also held the position of deputy general…

The Parliament has voted in favor of the new bill permitting the Romanian Army to shoot down drones that fly unauthorized in Romania’s airspace. The legislation now moves to acting president Ilie Bolojan for promulgation. Last week, the Chamber of Deputies approved the law as the first chamber to be consulted, followed by final approval…

The latest study conducted by Coface Romania revealed that 7,274 new insolvency proceedings were opened in 2024, compared to 6,650 in 2023, marking a 9.38% increase. Among companies with a turnover above EUR 5 million, there was a 75% rise in insolvencies last year. Denied payment instruments have increased both in value (+30%) and number…

One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a preliminary turnover of EUR 285.5 mln in 2024, gross profit of EUR 88.6 mln, while the net profit for the year stood at EUR 76.7 mln. “Over the past five years, One United Properties has transformed from a high-end residential…

Controversial social media influencer Andrew Tate and his brother Tristan, who are being investigated on several charges related to human trafficking and other offenses, left Romania in the early hours of Thursday, February 27, according to media reports. They are reportedly heading to the US by private jet. According to G4media.ro, they left from Băneasa…

Garanti BBVA has granted a EUR 7.5 million loan to MG Tec Industry SRL, the leading Romanian producer of paper tissues. The financing benefits from a state guarantee issued by Exim Banca Românească, covering up to 75% of the loan value. Garanti BBVA and MG TEC Industry share a commitment to sustainability, with MG Tec…

The spring tradition of Mărţişor is in focus at fairs taking place throughout Bucharest, where the public can attend a show on the story of French singer Édith Piaf or delve into the world of Japanese animation at a dedicated festival. In Bucharest: Mărţişor Fair @ The Village Museum Until March 9 This spring tradition…