Daniel Christian Hulea, a Romanian man accused of contributing to the NetWalker ransomware attacks, has been sentenced to 20 years in prison after pleading guilty to conspiracy to commit computer fraud and wire fraud, according to a public announcement from the US Department of Justice.
NetWalker was a Ransomware-as-a-Service operation launched in 2019, which recruited affiliates who were rewarded with 60-75% of all ransom payments, according to Profit.ro.
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The office market has shown resilience and growing traction in the first half of 2025, with companies leasing office spaces for more than 7,000 new employees. According to Cushman & Wakefield Echinox’s latest Office Marketbeat Q2 2025 report, over 340,000 employees are now working in modern A and B Class office buildings in the capital, […]
A new cultural project is set to come to life in the Romanian village of Săliștea, in the commune of Mălaia, Vâlcea county. ISVOR, a cultural association known for its work in rural arts education, has announced the launch of Muzeul Fluierelor Lumii/The Museum of the World's Whistles, a unique initiative focused on preserving and […]
In 2024, Romania recorded the lowest employment rate among recent graduates in the European Union, according to data from Eurostat, the European statistics office. With smaller generations reaching university-age at this moment, Romanian higher education institutions are competing for candidates, but they apparently fail to adjust their curricula to the market’s needs. According to European […]
The company Titluri Quality, which owns the Mediafax.ro platform and the Mediafax news and image agency, announced the signing of the contract for the full acquisition of the G4Media group, developed around the news website with the same name. All publications in the G4Media group will retain their management teams and editorial independence, G4Media announced, […]
Finance minister Alexandru Nazare has instructed the Romanian tax authority (ANAF) to conduct integrity checks on large companies with persistent delays in tax payments and suspected fraud, as reported by Ziarul Financiar. Among the companies targeted is a major local tobacco producer, which...
The Anghel Saligny national investment scheme is facing a financial blockage, after the funds allocated for paying invoices were exhausted as early as July 18, said development minister Cseke Attila, Ziarul Financiar reported. Securing proper financing under the scheme is one...
