Category: Uncategorized

A unique 400-year-old oak of the Caraorman Forest in Romania’s Danube Delta, also known as the ‘Kneeling Oak’ due to its shape, will receive the status of natural monument, the Ministry of Environment announced. Minister Mircea Fechet kicked off the procedure, and the ministry will work with the Ivan Patzaichin Mila 23 – Rowmania Association…

The Ivan Patzaichin Mila 23 Association, set up to honor four-time Romanian Olympic gold rower Ivan Patzaichin, recently launched a slow tourism initiative on the Danube Delta. The project will set up 40 slow tourism routes meant to encourage visits to the area. The Association just inaugurated its first route dedicated exclusively to rowboats. The…

A Ukrainian civilian ship carrying wheat bound for Egypt was struck by a Russian missile immediately after leaving Ukrainian territorial waters, 55 km away from the Romanian town of Sf. Gheorghe. The attack was announced by president Volodymyr Zelensky on X. Fortunately, according to initial reports, there were no casualties. The Ukrainian president said he awaits…

Local councilors approved the establishment of the new food bank in Bucharest’s District 6, which means that the facility can open its doors in October, the City Hall announced. Until then, the authorities will furnish the location and hire the necessary staff. “The Food Bank is located at 236 Calea Giulești road, and next door,…

The Romanian edition of the late Russian opposition leader Alexei Navalny’s memoir will be published this fall by Editura Litera, simultaneously with the over 20 editions of the book from all over the world, including in English and Russian. Patriot: A Memoir, the disturbing memoir of the most prominent dissident of the early 21st century,…

JT Grup Oil (BVB: JTG), a company involved in petroleum product distribution and port operations (it is developing a EUR 25 mln terminal in Constanta port), announced its shareholders approved the distribution of RON 3.15 mln (EUR 0.63 mln) dividend from the accumulated retained profit recorded last year. The company also announced it is buying…

Dorina and Dan Mutu, owners of the Annabella chain of stores and the Râureni canning factory, bought from Piraeus Leasing Romania an office building in the northern part of Bucharest, which they now want to turn into a medical clinic, according to Profit.ro. This is the first real estate transaction carried out by the Mutu…

The revenues collected by the Romanian government with the tax amnesty just passed may exceed its moderate RON 10 billion (EUR 2 bln) expectations, according to Alexandru Aparaschivei, tax partner in the NNDKP Tax Consultancy. “They said they have RON 70 bln to recover [the total overdue debt], of which RON 60 bln the principal…

Three investment projects aimed at developing new factories – one factory to produce equipment used for handing radio-frequency tags and two animal feed plants – are the best-placed in the preliminary ranking made by the Ministry of Finance for the granting of state aid according to the RON 750 million (EUR 150 million) scheme for…

The Romanian authorities intend to ask for compensation from the European Commission due to the significant differences in energy prices between the east and the west of Europe, minister of energy Sebastian Burduja said during the South East Europe Green EPC event on September 12, quoted by Bursa.ro. He implied Austria failed to allow comparatively…