High Court of Cassation and Justice (ICCJ) decided on Monday that public assemblies must be previously declared when they are going to be held in squares or on public roads, or in other places that are in the vicinity of the premises or buildings of legal persons of public or private interest. The decision is mandatory. Thus, the magistrates of the Supreme Court admitted the appeal in the interest of the law submitted by the Leading College of the Bucharest Court of Appeal. In July the Managing Committee of the Bucharest Court of Appeal notified ICCJ of an inconsistent practice in courts regarding the interpretation of the provisions of Art. 3 of Law No. 60/1991 on the organization and running of public gatherings, specifically of the phrase “taking place outside of or within the precincts of premises or seats of public or private legal entities.” Most of the courts under the jurisdiction of the Bucharest Court of Appeal considered that the gatherings taking place at a public venue – public road, carriageway, sidewalk, public square, or a location outside the premises of public or private legal entities do not need to be declared.
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Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
