Romania: Competition Council fines Philips Romania nearly EUR 1 million

September 9, 2026

Competition Council fines Philips Romania nearly EUR 1 million
Sep 9, 2026

Competition Council fines Philips Romania nearly EUR 1 million.

The Competition Council announced on Wednesday, September 9, that it fined Philips Romania RON 5.18 million, equivalent to roughly EUR 1 million, (…)

[Read the article in Romania-Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

Romanian fintech Finqware among region's fastest-growing startups in Sifted ranking Finqware, the fintech company specializing in treasury automation and open banking, ranks in the 36th spot in the Sifted 100: DACH & CEE 2026 Leaderboard, an annual ranking by Financial Times-backed outlet of the region’s fastest-growing startups and scaleups. This is Finqware’s second (…)

Trial of former presidential candidate C?lin Georgescu, mercenary leader Hora?iu Potra postponed at first hearing The trial of former presidential candidate C?lin Georgescu, former mercenary leader Hora?iu Potra, and 20 other defendants began with a postponement at the Bucharest Court of Appeal, Hotnews.ro reported. Georgescu did not attend the first hearing and requested a delay through his lawyers, which (…)

Statistical Office: Romania's Trade Deficit Drops 1.1% YoY To EUR19.27B In January-July 2026 Romania's trade balance posted a deficit of EUR19.277 billion in January-July 2026 period, lower by 1.1% (-EUR214.7 million) than the level recorded in January-July 2025, data from the country's statistical office INS showed on Wednesday (September 9).

Transilvania Veterinary Hospital opens unit inside Iulius Town Timi?oara Transilvania Veterinary Hospital has opened a hospital inside Iulius Town Timi?oara. The unit has a standing medical team and provides veterinary services for examinations, preventive care, emergencies, and the treatment of complex cases. Transilvania Veterinary Hospital was established in (…)

Econergy Connects 70-MW/141-MWh BESS To National Grid For Parau 1 Solar Park; Investment Totals EUR85M Israeli independent power producer Econergy has brought into commercial operation and connected its 70-MW/141-MWh battery energy storage system (BESS) to the national grid for the Pârâu 1 solar park in Romania's Brasov County.

Metro crisis. Union leader: "From September 16th, no one guarantees that it will work" Metrorex still has 3,000 lei in its accounts "From the 16th, no one guarantees that the metro will continue to run," is the warning issued on Wednesday by the leadership of the Free Metro Union (USLM), as Metrorex faces a financial blockage, employees' salaries are in danger of not being paid on time, and hundreds of mechanics could (…)

The trial of C?lin Georgescu and Hora?iu Potra begins in the case regarding the attempted overthrow of the constitutional order The trial in which former presidential candidate C?lin Georgescu, Hora?iu Potra and 20 other defendants are accused of actions against the constitutional order begins on Wednesday, September 9, at the Bucharest Court of Appeal. The first term of the trial on the merits is scheduled for 1:30 p.m. (…)