April 23, 2024

US State Department report on Romania points to widespread corruption and misuse of public funds
Apr 23, 2024

US State Department report on Romania points to widespread corruption and misuse of public funds.

The 2023 US State Department report on Romania highlights widespread corruption and misuse of public funds, but no significant overall changes in the human rights situation in the country during the year. The report notes that significant human rights issues included credible reports of (...)

[Read the article in Romania Business Insider]

Nuclearelectrica Signs EUR14.3M Contract With Canada's Candu Energy For Engineering Services At Cernavoda Unit 1 State-run company Nuclearelectrica (SNN.RO), Romania’s sole nuclear power producer, announced in a stock market report on May 23 that it concluded a contract of EUR14.3 million with Canadian company Candu Energy for engineering services.

Prospectiuni Posts RON3.5M Net Profit In Q1, Up 177% YoY Geological surveying company Prospectiuni Bucuresti (PRSN.RO) ended the first quarter of 2024 with RON3.5 million net profit, an increase of 177% on the year-ago period, while revenue was 15% lower, RON47.5 million.

Finance Ministry Raises RON4B From Banks Via Two Bond Issues On May 23 Romania's Finance Ministry raised RON4 billion from banks on Thursday (May 23), selling government paper in two auctions, at annual average yields of 6.03% and 6.55%, respectively.

Lidl Ends 2023 With RON22.4B Consolidated Turnover In Romania, Up 18% YoY Lidl companies in Romania (Lidl Discount SRL, Lidl Romania SCS, Lidl Romania SRL and Lidl Imobiliare Romania Management SCS) ended 2023 with a consolidated turnover of over RON22.4 billion, up 18% on the year, and net profit of nearly RON1 billion, close to 2022 level.

Innobyte Reports RON3.3M Turnover For Q1/2024, Up 25% YoY Innobyte, one of the leading Romanian companies specialized in services and solutions for e-commerce, ended the first quarter of 2024 with a nearly 25% increase in turnover, to RON3.3 million, compared to the same period of 2022, company representatives said in a statement.

Romanian literature: Mircea C?rt?rescu's Solenoid wins 2024 Dublin Literary Award Mircea C?rt?rescu's novel Solenoid, translated into English by Sean Cotter, is the winner of this year's Dublin Literary Award. The novel, which combines fiction with autobiography and history, is grounded in the reality of late 1970s - early 1980s Communist Romania. "By turns wildly (...)

Romania's Vera Marin and Monica Bo?a-Moisin named winners of Ashoka Fellowship Architect Vera Marin, initiator of the "De-a Arhitectura" education project, and lawyer Monica Bo?a-Moisin, specializing in intellectual property and traditional cultural expressions, are the new Romanian winners of the Ashoka Fellowship. The two winners join the other eight Ashoka Fellows (...) : all romanian news. Copyright © DIRECTWAY | News RSS |