Ion Țiriac

The European Court of Human Rights, ECHR in Strasbourg on Tuesday ruled that a Romanian journalist did not violate billionaire Ion Țiriac's right to private and family life with a newspaper report published in 2010.

Former tennis player Ilie Nastase declared on Monday that the players that refused to take part in the singles' event of the Tokyo Olympic Games should return the money received from the Ministry of Youth and Sports (MTS) and the Romanian Olympic and Sports Committee (COSR) for taking part in several tournaments if they have no reasons, but he mentioned that the players are injured.

The leadership of the Romanian Tennis Federation was recognized in court after winning at the Court of Appeal the lawsuit filed by the representative of the Pamira Sibiu club, Marius Vecerdea, challenging the election of Ion Tiriac to the FRT presidency.

Former Olympic champion Nadia Comaneci has stated on Thursday that her project called GymNadia, which has been running for over a year now in the gymnasium at the Ion Tiriac Ice Rink in Otopeni should be multiplied hundreds of times in order to draw children toward sport.

UniCredit Bank Austria, the market leader in Central and Eastern Europe, on Thursday announced it had bought a 45-per-cent stake in the Romanian lender UniCredit Tiriac Bank from Tiriac Holdings Ltd.

Following the transaction, which has to be completed before the end of this month, UniCredit Bank Austria will hold 95.6 per cent of the shares.

The wealth of the 300 richest Romanians has risen by 4.3 per cent in 2014 compared to last year, amounting to some 22.47 billion euro, Forbes Romania announced on Friday.