The Bucharest Court of Appeal on Wednesday ordered the start of the trial on the merits of the 'Revolution' case, in which former president Ion Iliescu, former deputy prime minister Gelu Voican Voiculescu and Iosif Rus, former head of the Military Aviation, are accused of committing crimes against humanity, but the decision is not final.After several postponements, the court rejected all the exceptions and requests raised by Ion Iliescu's lawyers, the legality of the indictment drawn up by the prosecutors being established.The Revolutie file has been circulating between the Bucharest courts and prosecutor's offices for four years due to procedural reasons.In the first phase, Ion Iliescu was sent to trial by the Military Prosecutor's Office in April 2019, but the file was returned to the Prosecutor's Office two years later by the Supreme Court (ICCJ) judges, citing irregularities in the indictment.The Supreme Court then decided to exclude from the criminal prosecution material several pieces of evidence, including the "statements" containing the reports made by Gelu Voican Voiculescu and Ion Iliescu before the Senatorial Committee, reports of the Parliament, a point of view from the Romanian Intelligence Service (SRI) or documents from the Ministry of National Defence (MApN) archive.
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 […]
