Romania: Update: Management of Romania’s steel plant Liberty Gala?i under (…)

November 7, 2025

Update: Management of Romania’s steel plant Liberty Gala?i under investigation for tax evasion, embezzlement
Nov 7, 2025

Update: Management of Romania’s steel plant Liberty Gala?i under investigation for tax evasion, embezzlement.

Update: Liberty Steel Group reacted to the investigation on Friday, saying that it is cooperating with the authorities but denying any wrongdoing. A spokesperson said: “Liberty and its management have always acted in full compliance with Romanian laws and regulations, following local legal (…)

[Read the article in Romania-Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

AI Startup Aily Labs Raises $80M Funding Technology company Aily Labs, established by Romanian Bianca Anghelina in the US, which developed a native AI ‘Decision Intelligence’ platform for global companies, has announced a $80 million funding.

Carrefour Set To Continue Romanian Expansion Even Faster In 2026 Carrefour Group contributed RON1 billion to Romania’s government budget in 2024 and in 2025 has expanded its network with 34 stores, made investments in local producers and in the grocery e-commerce segment, which steps confirm its sound position on local market, the French-held retailer said in (…)

RisCo.ro: Outstanding Debts To State Budgets Reported To Companies In Romania Reach RON76.7B In Q3/2025 The total value of outstanding debts to state budgets reported to companies in Romania reached RON76.7 billion in the third quarter of 2025, higher than the RON74.1 billion level reported in Q2/2025, according to the financial analysis platform RisCo.ro.

Nova Power & Gas, Transgaz And Atlantic - See LNG Trade Sign MOU For Acquisition Of LNG From The United States Nova Power & Gas, a company held by businessman Teofil Muresan, Transgaz, the state-run national gas transmission system operator, and Greece's Atlantic - See LNG Trade have signed a Memorandum of Understanding (MOU) to develop joint solutions for the procurement of liquified natural gas (LNG).

Eurostat: Retail Trade Volume In Romania Down 2.1% YoY In September 2025 Retail trade volume in Romania decreased by 2.1% in September 2025 compared to September 2024, according to data released by the European statistical office Eurostat.

Retailer Contakt Gets ASF Approval For IPO Contakt Express Logistik S.A., the leader of the Romanian market of phone and tablet accessories, has received approval from the Financial Supervisory Authority for its prospectus and for conducting its initial public offering and then listing on the secondary market of the Bucharest Stock (…)

Statistical Office: Romania Retail Sales Up 1.6% YoY In January-September 2025 Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 1.6% in unadjusted data and by 2.2% when adjusted for seasonality and number of working days, in January - September 2025 compared to the same period of 2024, per data from the country’s (…)