Category: Uncategorized

The far-right, former independent presidential candidate, Călin Georgescu, recently threatened the judges of the Constitutional Court of Romania for their December 6 decision to annul the presidential elections, urging them to “correct their mistake.” Georgescu, whose far-right associates and financial backers are now being investigated, placed first in the first round of the presidential elections…

The European Commission (EC) has opened formal proceedings against Chinese social media platform TikTok for a suspected breach of the Digital Services Act (DSA). The breach is in relation to the latter’s obligation to properly assess and mitigate systemic risks linked to election integrity, notably in the context of the recent Romanian presidential elections on…

The Romanian Chamber of Deputies gave the final vote on the new Forestry Code on Tuesday, December 17. Adopted with 245 votes to 2 and 6 abstentions, the bill introduces essential reforms, including provisions for unrestricted access to forests, creating green belts around cities, stronger penalties for illegal logging, and introducing new forestry offenses. The…

Over the past four weeks, marked by a tense political context due to the presidential and parliamentary elections and the cancellation of the first round of presidential elections, online stores operating on the MerchantPro SaaS platform have maintained an upward sales trend. The performance during the period from November 18 to December 15, surrounding the…

A joint venture between Ukrainian company Automagistral Pivden and Romanian builder Precon Transilvania has been awarded the contract for the construction of Lot 3 of the Arad-Oradea Expressway. The contract represents the first time that a Ukrainian company has been charged with building a segment of road in Romania in recent years. The builders have…

City Grill Group, a leader in Romania’s HoReCa industry, announces that 100% of the seats for their New Year’s Eve themed parties have been reserved, reflecting strong interest in the events hosted at their venues. This year, the group expanded its capacity to 2,600 seats, 900 more than last year, following the addition of Zooma, an…

Signal Iduna, one of the largest financial groups in Germany, officially began evaluating its entry into the mandatory civil liability insurance policy for motor vehicles (RCA) market in Romania. In recent years, the RCA market in Romania has undergone a series of significant changes, such as the adoption of essential legislative changes created with the…

Four US senators have condemned Russia’s interference in the presidential elections in Romania and expressed their support for the country and the integrity of the electoral process.  The senators, who are members of the Senate Committee on Foreign Relations from both the Democratic and Republican parties, argued that the interference is an example of Russia’s…

K2 Retail Properties, part of the Goldbach Group, has announced the opening of its first K2-branded retail park in Râșnov, Brașov county, and the development of 22 additional retail galleries nationwide. Fully leased to international retailers, the retail gallery in Râșnov marks the first of its kind for the brand and is part of the…

Norofert, the leading producer of organic agricultural inputs and biotechnology provider for Romanian agriculture, listed on the Bucharest Stock Exchange’s AeRO market (BVB symbol: NRF), said it completed a new bond issuance worth RON 6.95 million. These bonds will be listed on the Bucharest Stock Exchange’s SMT (AeRO market) under the symbol NRF29, with the…