Gheorghe Stefan (also known as ‘Pinalti’) was sentenced by the Supreme Court of Justice and Cassation (ICCJ), in a court of first instance, to three years in jail, executory sentence, in the Microsoft case. Dorin Cocos and Gabriel Sandu were sentenced to two years in jail, executory sentence, in the same case. Likewise, businessman Nicolae […]
Giggle, a digital platform designed to streamline temporary employment, has officially launched in Romania, aiming to revolutionise the way companies and workers collaborate on short-term tasks. The platform provides businesses with on-demand staffing solutions, reducing recruitment time and employee costs while offering day laborers greater work opportunities and income diversification, enhancing their financial independence, the […]
The former prime minister and president of the National Liberal Party (PNL) until his recent defeat in the presidential elections, Nicolae Ciucă, announced his resignation from the Romanian Senate on February 5. Selected by president Klaus Iohannis in April 2022 to replace Florin Citu as the leader of the Liberal Party despite his sparse political […]
Motesar Holdings, owned by companies from Luxembourg and Cyprus, acquired a stake of over 93% in the Romanian tissue paper maker MG Tec Industry by a RON 141 million (EUR 28 million) capital increase, according to
The Romanian Digitalization Authority (ADR) has launched a tender to pick a consultant for the migration of its online services to the private government cloud, Profit.ro announced, quoting the tender published by ADR. The services will...
To meet the 2025 deficit target of 7% of GDP, Romania has to achieve additional fiscal adjustment of 0.8–1.0% of GDP on top of the 1.85% already envisaged under the first fiscal corrective package, according to a research report by Erste Group. Delays increase the size of the adjustment, the financial group warns. Despite the […]
Judges of the Bucharest Court of Appeal approved on Wednesday, February 5, the prosecutors' request for the preventive arrest of five defendants in the case targeting real estate developer Nordis. Among them are Laura Vicol, the former Social Democrat (PSD) head of the Legal Committee in the Chamber of Deputies, and her husband, Vladimir Ciorbă, […]
