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Romania’s former economy minister Adriean Videanu and his wife were stopped at the Munich airport with EUR 650,000 worth of jewelry that they allegedly failed to declare. Among the jewelry found in their possession were a EUR 150,000 watch and a necklace worth nearly half a million euros.  The former minister told G4Media that he was inspected by…

Stoker Wines, a premium wine brand inspired by the literary legends of Irish author Bram Stoker, has officially launched in Romania. The company, co-founded by Dacre Stoker, Kay Larkin, and others following last year’s acquisition of Cramele Rotenberg, is based in Ceptura de Jos in the famous Dealu Mare region. Stoker Wines’ offering will commence…

Romania’s soon-to-be retired handball player Cristina Neagu became the top scorer in the history of the Women’s Handball Champions League on Sunday, October 6, after scoring 10 goals for CSM Bucharest in a home match against the Danish team Nykobing Falster Handbold. The match ended in a close victory (27-26) for the Romanian team. More…

Romanian authorities, using intelligence provided by the European Anti-Fraud Office (OLAF), intercepted and seized a significant consignment of illegal counterfeit pesticides smuggled from Eastern Europe into Romania. The shipment of 1,000 liters of counterfeit crop protection products manufactured outside the European Union was valued at over EUR 600,000. Two Ukrainian nationals suspected of involvement in the…

In a period of economic uncertainty, with a budget deficit nearing 8% and the looming risk of unpopular fiscal measures post-elections, companies are facing significant legal and fiscal unpredictability. This article delves into the major legislative changes adopted in recent months and how corporate legal departments should prepare for the upcoming challenges.  Tax Amnesty and…

Romanian real estate company Alsin Management completed the first phase of First Estates Pipera, the first residential project in Romania offering free heating to its residents. The second phase, which requires an investment of over EUR 20 million, is under construction.  The company said that it sold over 95% of the 232 apartments included in…

Romanian cyclist Ede Molnar won the bronze medal at the European Mountain Bike Eliminator (XCE) Championships, held on Sunday, October 6, in Gibraltar.  Molnar, part of the Bucharest-based Dinamo club and the BikeExpert Racing Team, not to mention the reigning European champion, was overtaken in the final by Austrian Theo Hauser, who won the gold…

Jantzen Renewables announced the appointment of Răzvan Popa as its new Chief Executive Officer (CEO), effective October 7. Under his leadership, the company said it aims to deepen its focus on various technologies such as solar PV, batteries, wind, and power-to-x and reinforce its commitment to environmental sustainability and energy independence. Before assuming the CEO…

This year’s edition of the Astra Film Festival in Sibiu, taking place from October 20 to 27, aims to bring the best documentaries about Romania or made by Romanian directors to the big screen. The lineup will include 18 documentaries, most of them premiers. Romanian documentaries in the official selection will compete for awards in…

Two policemen, an agent from the General Inspectorate for Immigration – Directorate for Immigration of the Municipality of Bucharest and a chief police commissioner, acting head of the Immigration Bureau of Ialomița County, were caught by the National Anticorruption Directorate (DNA) while accepting bribes for approving the permits of Asian workers, DNA reported. The bribe…