The Court had already found that Romania had failed to fulfil its obligations under EU law in a judgment delivered in 2018 EU law 1 aims to prevent or reduce as far as possible the negative effects of the landfill of waste on the environment. In 2018 2 , the Court held that Romania had failed to fulfil the obligation to put a stop to the landfill of waste and to close down 68 landfills whose operation was not authorised. In 2022, taking the view that Romania had still not complied with the 2018 judgment, the European Commission brought a further action for failure to fulfil obligations. In its judgment, the Court of Justice notes that Romania has still not closed 31 sites not authorised to be in operation. It orders Romania to pay a lump sum of €1.5 million and a penalty payment of €600 per landfill and per day of delay. In fixing the amount of the penalty payment, the Court takes into account the seriousness of the infringement, its duration and Romania’s ability to pay. The incomplete implementation of the 2018 judgment entails a significant risk of pollution and serious consequences for human health, in particular through the release of harmful chemicals into soil, air and water. In addition, the failure to fulfil obligations has persisted for more than four years, which is a considerable duration. Due to the risk to the environment and human health posed by that failure to fulfil obligations, and in order to prevent the recurrence of similar infringements, the Court also orders Romania to pay a lump sum appropriate to the circumstances and proportionate to the infringement committed. (Source:https://curia.europa.eu/jcms/upload/docs/application/pdf/2023-12/cp230192en.pdf)
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 […]
