Romania: Mario Iorgulescu remains with the final sentence of 8 years and 8 (…)

May 21, 2026

Mario Iorgulescu remains with the final sentence of 8 years and 8 months in prison
May 21, 2026

Mario Iorgulescu remains with the final sentence of 8 years and 8 months in prison.

The Bucharest Court of Appeal decided, on Thursday, May 21, 2026, to reject the appeals filed by the Prosecutor's Office attached to the Bucharest (…)

[Read the article in Mediafax]

SEE ALSO IN ROMANIAN NEWSPAPERS

Visual Fan's Net Profit Climbs Over 17-Fold To Nearly RON7M In Q1/2026 Electronic device manufacturer Visual Fan (stock symbol: ALW), which owns the Allview brand, ended the first quarter of 2026 with net profit of nearly RON7 million, over 17-fold higher than the RON392,000 net gain reported in the first quarter of 2025, per the company's quarterly financial report.

European Commission Significantly Revises Romania's Economic Growth Forecast Downwards To 0.1% In 2026 The European Commission published the spring forecast on Thursday and significantly revised Romania’s economic growth forecast downwards to merely 0.1% in 2026 compared with 1.1% estimated in the fall.

Foreign Investors Council Elects New Board Of Directors For 2026-2027 Mandate The Foreign Investors Council (FIC) has elected its new Board of Directors for the 2026–2027 mandate, within the General Assembly held on May 19.

EY Attractiveness Survey Romania 2026: FDI In Europe Slowed Down In 2025; Romania Stands Out With Performance Above Regional Average Foreign direct investment (FDI) in Europe declined in 2025, marking a phase of slowdown and structural transformation in the investment landscape.

Cushman & Wakefield Echinox: Pre-lease transactions gain momentum on Bucharest office market The Bucharest office market has shown early signs of recovery, driven by a visible increase in pre-lease transactions, highlighting a renewed occupier appetite for future office spaces. The current development pipeline, exceeding 215,600 sq.m, the highest level in recent years, is expected to be (…)

The elevator that fell in the CFR Palace had been overhauled the day before The elevator that fell on Thursday in the CFR Palace had undergone a major overhaul just the day before the incident, work as a result of which the traction cables were completely replaced. There were seven people in the elevator, two of whom were CNAIR employees, sources told Mediafax.

Doice?ti SMR Project. Grindeanu attacks Bolojan: He must stop, he is a dismissed Prime Minister PSD President Sorin Grindeanu has harshly attacked interim Prime Minister Ilie Bolojan in the dispute over the Doice?ti nuclear reactor project. He must stop, he is a dismissed prime minister, he cannot discuss strategic partnerships, Grindeanu said.