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.
At 24 years old, Romanian Claudiu Fusaru is the youngest T-38 instructor in the 469th Squadron of the Euro-NATO Joint Jet Pilot Training (ENJJPT), the most complex international program for training NATO fighter pilots. The pilot training program, active since 1981, brings together 14 NATO nations and trains the best fighter pilots in the world […]
The Romanian General Prosecutor’s Office and the Directorate for the Investigation of Economic Crime conducted searches at companies part of the Tinmar group on Thursday, November 6, Economedia.ro reported. The company, one of the largest energy traders in...
The Romanian government has approved a new emergency ordinance that introduces major fines for feeding wild bears, environment minister Diana Buzoianu announced on Thursday, November 6. The legislation also defines key terms such as "feeding of bears" and "habituated bear," aiming to curb practices that draw wildlife into populated areas,
The American defense technology company Allen Control Systems (or ACS) has signed a memorandum of understanding with the Romanian Armed Forces for the joint production of autonomous anti-drone turrets in Romania. ACS recently signed two contracts for the delivery of its autonomous Bullfrog turret to the armies of South Korea and the United Arab Emirates. […]
Global environmental NGO Greenpeace saluted the fact that Romania adopted a new normative act on Thursday, November 6, creating the necessary legislative framework so that citizens, municipalities, NGOs, and small enterprises can jointly produce, manage, and consume renewable energy. The framework was finally created “after nearly three years of waiting and requests from local authorities […]
Roweb, compania românească din spatele software-ului nr.1 din Belgia în Real Estate În timp ce România continuă să importe mai mult decât exportă, companii locale precum Roweb demonstrează că soluțiile digitale și inteligența artificială pot echilibra balanța și pot pune țara pe harta inovației europene. AI made in Romania: de la cod la […]
