Controversial business figure buys leading satirical paper
Controversial businessman Sorin Ovidiu Vantu has bought the Catavencu media group, which includes satirical weekly Academia Catavencu and daily Cotidianul, in a move which sees cross-media ownership in Romania consolidating into three groups of interests.
Gold mining project goes to the people, as celebrities start picking up the land
Billions of Euro are destined to be invested in a massive gold mining project in Alba county, as protesters against the project start enlisting the help of film stars to make use of land on the proposed site.
Inland waterway transport gains traffic system boost
Romania’s Danube gains a new traffic system in move that could help boost inland water transport, which connects Constanta to the North Sea through the the Danube and the Rhine.
The European Commission (EC), the Romanian Ministry of Transport, Construction and Tourism and Romanian Naval Authority (RNA) have launched a 4.5 million Euro Management Traffic System on the Danube (VTMIS), in Drobeta Turnu Severin.