The Court had already found that Romania had failed to fulfil its obligations under EU law in a judgment delivered in 2018 EU law 1 aims to prevent or reduce as far as possible the negative effects of the landfill of waste on the environment. In 2018 2 , the Court held that Romania had failed to fulfil the obligation to put a stop to the landfill of waste and to close down 68 landfills whose operation was not authorised. In 2022, taking the view that Romania had still not complied with the 2018 judgment, the European Commission brought a further action for failure to fulfil obligations. In its judgment, the Court of Justice notes that Romania has still not closed 31 sites not authorised to be in operation. It orders Romania to pay a lump sum of €1.5 million and a penalty payment of €600 per landfill and per day of delay. In fixing the amount of the penalty payment, the Court takes into account the seriousness of the infringement, its duration and Romania’s ability to pay. The incomplete implementation of the 2018 judgment entails a significant risk of pollution and serious consequences for human health, in particular through the release of harmful chemicals into soil, air and water. In addition, the failure to fulfil obligations has persisted for more than four years, which is a considerable duration. Due to the risk to the environment and human health posed by that failure to fulfil obligations, and in order to prevent the recurrence of similar infringements, the Court also orders Romania to pay a lump sum appropriate to the circumstances and proportionate to the infringement committed. (Source:https://curia.europa.eu/jcms/upload/docs/application/pdf/2023-12/cp230192en.pdf)
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
