On Monday, the Government adopted two bills for the ratification of the treaties between Romania and the Government of Malaysia on extradition and mutual legal assistance in criminal matters.The treaty between Romania and the Government of Malaysia on extradition was signed in Kuala Lumpur on December 6, 2021. According to the Executive, by this treaty, Romania and Malaysia undertake to surrender to each other any person in the territory of one of the parties and who is accused of an offense or is being prosecuted for the execution of a custodial sentence imposed by the judicial authorities of the parties. The Treaty provides for the extradition obligation, the extraditable offenses, the grounds for refusal, the rules on the extradition of one's own nationals, the extradition procedure and other provisions.The Treaty between Romania and the Government of Malaysia on mutual legal assistance in criminal matters was also signed in Kuala Lumpur on December 6, 2021, and it aims to facilitate cooperation between the Romanian and Malaysian judicial authorities, also providing for the possibility of recourse to other forms of assistance, to the extent permitted by the laws of both states.The document regulates the areas in which the parties are to assist each other, as well as the exempted areas; the location or identification of persons and objects; the issuance of letters rogatory, including hearing by video conference; competent central authorities; the execution of search, seizure and confiscation requests; transmission of documents, evidence and objects.Provisions are also stipulated as to the form and content of the request for legal aid, the situations in which the execution of a request may be refused, the obligation to ensure confidentiality and restrictions on the use of evidence and information for purposes other than those arising from the request for assistance. Communication between the Romanian and Malaysian judicial authorities will be carried out through the central authorities designated for this purpose.
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 […]
