Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Gov't moves to unblock compensation procedures for properties...

Gov't moves to unblock compensation procedures for properties seized during communist era

September 9, 2025

The restitution process for properties seized during the communist era was unblocked, as the government adopted an Ordinance that resumes the compensation procedures which had been halted following the Constitutional Court's ruling of February 2025, Finance Minister Alexandru Nazare announced on Friday."The respective Constitutional Court ruling had removed the legal framework for assessing compensation in cases where the properties can no longer be returned in kind. (...) What is new in this legislative amendment: a fair calculation of compensation, based on the notary appraisal grid and correction coefficients (location, condition, legal regime), according to the ECHR - regardless of how the property was used at the time of confiscation (e.g. home, urban land plot etc.). Flexible payment options: 7 annual installments instead of 5, or a single payment of 40% for those who renounce the phased-out payment. Reducing litigation and speculation: limiting gains for point buyers, so as to discourage speculative trading of disputed rights. Transparency: all institutions shall report the status of these files to a single national database," the Finance minister said on Friday in a Facebook post.He added that, this way, international sanctions and lawsuits are avoided by harmonizing the legislative framework with European standards (ECHR) on human rights."Between 2013 - 2025, the Romanian state determined compensations worth RON 23.2 billion in 67,500 cases, of which RON 16.1 billion have already been paid, and RON 7.5 billion are to be disbursed in installments until 2029. By extending the payment period to 7 years we reduced the budgetary pressure and also streamlined the process. An essential measure is the limitation of the amounts owed to point buyers: out of an estimated total of RON 1 billion, the state will pay only RON 0.45 billion, thus saving the budget over 50%. After 2021, the average amount of compensation increased by 160% per case (from an average RON 213,000 to RON 555,000). All these elements called for fairer criteria, but also for increased financial sustainability. Resuming the restitution process with clear rules, compliance with international standards and fairness for all those who were wronged is an important step towards the correct closure of this painful chapter in Romania's history," Alexandru Nazare also wrote. (Photo:https://gov.ro/)

Read in full - click here
European Commission approves Romania’s revised Recovery and Resilience Plan

The European Commission has approved Romania’s revised National Recovery and Resilience Plan (PNRR), a funding package worth EUR 21.4 billion, prime minister Ilie Bolojan announced on Wednesday, October 22. The revised facility includes EUR 13.57 billion in non-reimbursable grants and EUR 7.84 billion in low-interest loans, aimed at boosting investment in infrastructure,...

Northeastern Romania: Piatra-Neamț to build palliative care hospital with EU funding

The Piatra-Neamț City Hall will build a palliative care hospital with financing provided from non-reimbursable European funds, mayor Adrian Niță announced. More than 3,000 patients need palliative care services in the county annually, the mayor said, quoted by Agerpres. ...

Romanian state-funded project offers subsidies to employers hiring, training people over 30

Employers who hire people older than 30 and registered with the Public Employment Service (SPO) to train them in the workplace can receive a monthly subsidy of RON 2,250 (approximately EUR 450) per apprentice, the Bucharest Employment Agency (AMOFM) announced. The funding is available as part of the project Formactiv - Training and Active Work, which […]

Bucharest nutrition clinic rebrands following ownership change, expands portfolio of medical specialties

Smart Nutrition Clinic, which has been active for more than a decade in the area of nutrition, is rebranding as San Antonio, a multidisciplinary medical center. The rebranding follows the clinic’s acquisition by Giorgiana Lazăr, who was previously the executive director of private healthcare provider Sanador. The rebranding marks an expansion of the clinic’s portfolio, […]

Romanian real estate developer Redport appoints Sorin Ioan Blaga as CCO

Developer Redport has appointed Sorin Ioan Blaga as its Chief Commercial Officer (CCO). His mandate will focus on coordinating the company’s commercial strategy, defining and implementing marketing and sales directions for current and upcoming projects, and strengthening relationships with strategic partners and investors. In recent years, Blaga has served as CEO of Liebrecht & wooD […]

West Group records nine-month revenue of EUR 65 mln from activities in Germany, Romania

West Group, founded by Romanian entrepreneur Dan Crăciunescu, generated a consolidated revenue of over EUR 65 million in the first three quarters of the year, exceeding the annual target of EUR 60 million set at the beginning of 2025, the company said. The company, which is active in real estate development, construction, logistics spaces, and […]