Chairman of the Court of International Commercial Arbitration with the Romanian Chamber of Commerce and Industry (CCIR) Stefan Deaconu has been appointed arbitrator on behalf of Romania with the International Centre for Settlement of Investment Disputes (ICSID), part of the World Bank, according to CCIR. He is one of the lawyers who successfully represented Romania in the “Rosia Montana” trial, informs the Chamber of Commerce and Industry of Romania (CCIR).ICSID was established in 1966 by the Convention on the Settlement of Investment Disputes between states and nationals of other states (the ICSID Convention)."The appointment of Mr Stefan Deaconu as commercial arbitrator representing Romania within the most powerful institution in the field, ICSID, is nothing but a recognition of the merits of probably the best professional in the field in our country. Mr Stefan Deaconu has been the chair of the Court of International Commercial Arbitration with CCIR, since 2015, being unanimously re-elected in September 2023. Last but not least, we should remind the public opinion that Mr Stefan Deaconu is part of the team of lawyers who managed to avoid a real financial catastrophe for Romania, and I mean here the Rosia Montana trial. I am firmly convinced that Mr Stefan Deaconu will successfully represent Romania at ICSID, knowing closely both its hard work and the professionalism with which he deals with each case," according to CCIR Chairman Mihai Daraban.
In a time of major geopolitical shifts and fierce economic competition among global powers, Europe must take decisive action to regain its competitiveness. Romania, with one of the highest economic dependencies on the European Union, must redefine its position and become an influential player at the decision-making table in Brussels. In this context, Paneuropa Romania […]
As of January 2025, Antonio Vencesla is the new Corporate Affairs & Communications Director of JTI Romania, Moldova, and Bulgaria. Antonio Vencesla brings valuable experience in the Corporate Affairs & Communications field, joining JTI in 2012 as Corporate Affairs & Communications Manager. After three years, he went to Malawi to lead the Corporate Affairs team and […]
In 2024, Complice.ro, a curator and provider of experiences for individuals and companies, maintains stable sales at €850,000, similar to the previous year, despite a 30% increase in the number of customers. This dynamic highlights a shift in companies' purchasing behavior, with a greater focus on budget optimization. The " winery stay and wine tasting […]
Romania’s first professionally dyed rooster is being auctioned off by Vanessa, an artist known for creatively dyeing dogs, at a starting price of EUR 5,000. Inspired by trends in America, where colorful chickens have become popular, the artist decided to turn a rooster into a work of art. "I wanted something truly spectacular! I saw […]
The Bucharest Municipal Culture Center, or ARCUB, announced the Mărțișor Beauty Fair (Targ de Frumos), a traditional celebration of the changing of the seasons, which will be held on February 22 and 23. The fair will take place at Casa Aliad, in central Bucharest. This year’s edition will feature unique porcelain jewelry, spring flower bouquets […]
Real estate investments in Romania reached EUR 750 million in 2024, marking a 58% increase compared to the previous year, according to the annual Colliers report. The figure is slightly lower than the EUR 800 million annual average recorded over the past decade. Still, according to Colliers, Romania emerged as a regional leader, delivering the […]
