marți, iulie 9, 2024

Romania News

Romanian Law Firm Wins Rosia Montana Gold Corporation Case in Washington

Romania won the case against Rosia Montana Gold Corporation, in which Gabriel Resources LTD (GBU.TO) demanded approximately USD 6.7 billion in compensation, according to the decision of the International Court of Arbitration of the International Center for the Settlement...

Simona Halep Allowed to Play in WTA after Court Reduces Suspension

The Court of Arbitration for Sport (CAS) has issued the operative part of its decision in the appeal arbitration procedures CAS 2023/A/10025 Simona Halep v. International Tennis Integrity Agency (ITIA) and CAS 2023/A/10227 International Tennis Integrity Agency (ITIA) v....

E-Cigarettes Forbidden from Being Sold to Underaged in Romania

The Romanian Parliament has recently approved a measure prohibiting the sale of e-cigarettes to minors, applicable both in physical stores and online. This legislation encompasses electronic devices designed for tobacco heating and disposable or refillable/rechargeable vaping products. Violations of this...

Romania’s Ruling Coalition Forms Alliance, Sparking Debate on Democracy

Romania's ruling coalition, the Social Democrats (PSD) and Liberals (PNL), have joined forces for the upcoming European Parliament (EP) elections, raising both hopes and concerns. The move, ostensibly aimed at bolstering stability and blocking nationalist gains, has drawn criticism...

Romanian Prosecutors Bring Back Prehistoric Stolen Gold Bracelets

Three prehistoric gold bracelets stolen from archaeological sites in Romania were brought to the country from Belgium on Tuesday, February 20, Visit Bucharest reports. Two of them were identified when offered for sale at a public auction in the Principality...

Eurocom Worldwide Appoints Lighthouse PR for Representation in Romania, Republic of Moldova

Eurocom Worldwide, the global PR network, is strengthening its representation in Central and Eastern Europe with the appointment of Lighthouse PR headquartered in Bucharest and covering both the Romanian market as well as the Republic of Moldova. Founded by Ana...

The Set-jetting Destination of 2024: Bucharest

As reported by Visit Bucharest, Bucharest is the set-jetting destination of the year. One of the standout trends for 2024 is the increasing popularity of set-jetting, where travellers seek out picturesque locations from their favourite films and TV shows. Recent data...

Romanian Entrepreneurs Choose Dubai to Escape High Taxation in the Country

Romania's entrepreneurial landscape is transforming, with rising taxes and regulatory complexities making it challenging for aspiring business owners. As a result, many Romanian entrepreneurs seek alternative destinations to nurture their growth ambitions. Dubai has emerged as a promising business...

Romania’s M&A Market Reaches USD 7 Billion

Romania remains on investors’ radars despite the rising cost of money and inflation. In value, the M&A market exceeded 7 billion dollars in 2023 but was massively supported by two mega transactions. This year is still under the sign...

Romania National Bank Keeps Monetary Policy Rate at 7% per Annum

The annual inflation rate posted a faster-than-expected decrease in the first two months of 2023 Q4, falling to 6.72 percent in November from 8.83 percent in September, amid the continued slowdown in the growth rate of food and energy...

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Problems at the SAGA Festival in Bucharest: Nicki Minaj, Hardwell Cancelled Performances

This year's edition of the SAGA Festival in Bucharest was disappointing, mainly due to organizational problems. The Festival started...
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