Chairman of the Court of International Commercial Arbitration with the Romanian Chamber of Commerce and Industry (CCIR) Stefan Deaconu has been appointed arbitrator on behalf of Romania with the International Centre for Settlement of Investment Disputes (ICSID), part of the World Bank, according to CCIR. He is one of the lawyers who successfully represented Romania in the “Rosia Montana” trial, informs the Chamber of Commerce and Industry of Romania (CCIR).ICSID was established in 1966 by the Convention on the Settlement of Investment Disputes between states and nationals of other states (the ICSID Convention)."The appointment of Mr Stefan Deaconu as commercial arbitrator representing Romania within the most powerful institution in the field, ICSID, is nothing but a recognition of the merits of probably the best professional in the field in our country. Mr Stefan Deaconu has been the chair of the Court of International Commercial Arbitration with CCIR, since 2015, being unanimously re-elected in September 2023. Last but not least, we should remind the public opinion that Mr Stefan Deaconu is part of the team of lawyers who managed to avoid a real financial catastrophe for Romania, and I mean here the Rosia Montana trial. I am firmly convinced that Mr Stefan Deaconu will successfully represent Romania at ICSID, knowing closely both its hard work and the professionalism with which he deals with each case," according to CCIR Chairman Mihai Daraban.
A two-hour documentary published by the investigative platform Recorder on December 9, revealing how a structure coordinated and controlled through alleged benefits and penalties by High Court president Lia Savonea captured the entire judicial system over the past year, developing institutional mechanisms to legally free high-profile politicians and businessmen, some of them already with a...
Radisson Blu Hotel, Bucharest opens 2026 with a relaxed New Year’s Day Brunch designed as a welcoming start to the year. Held between 12:30 and 16:30, the event brings together families, hotel guests and Bucharest residents for a generous festive buffet that blends traditional Romanian flavors with international dishes. Guests can enjoy a varied selection […]
North Bucharest Investments closed November with a transaction volume almost 15% higher compared to October, marking the most dynamic period of the past months for the company. According to the press release issued by the National Agency for Cadastre and Land Registration (ANCPI), “in November 2024, 58,415 properties were sold nationwide, 9,583 fewer than in […]
Romania achieved a new cultural milestone as UNESCO added the cobza, a traditional pear-shaped string instrument, to the Representative List of the Intangible Cultural Heritage of Humanity. The element, officially titled “Cobza, traditional knowledge, skills and music,” was jointly nominated by Romania and the Republic of Moldova. The decision, announced...
Plenty of Christmas markets and a designer gift fair are on this weekend for those looking for the right presents, while carol concerts liven the mood.
Serbian President Aleksandar Vucic held a phone conversation with his Romanian counterpart Nicusor Dan regarding all bilateral matters of importance to the two countries, Tanjug reported on Wednesday.In an Instagram post, Vucic wrote that the two countries share a centuries-old friendship, closeness and cooperation across all areas and expressed his conviction that there is […]
