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177 new news items in the last 24 hours
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  2. Current Affairs

The Capital City Hall finances a municipal company without public utility, Service Ciclop S.A., which records losses of millions of lei, but has 11 managers.

Adrian Rusu
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22 January 2026, 08:50
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Current Affairs
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The Capital City Hall allocates 30 million lei for Service Ciclop S.A., a municipal company that records losses of millions and has a politicized management, with 11 leaders and substantial allowances.

Although the company does not provide a useful public service, members of the Board of Administration receive monthly allowances of over 7,500 lei. The general director, Cristian Mihălăchioiu, earns a net salary of 13,000 lei per month and is a member of PMP. Although the City Hall is in debt, financial aid continues, and Mayor Ciprian Ciucu claims that the dissolution of the company could create problems for other municipal companies. Thus, Service Ciclop will continue to operate without bringing real benefits to Bucharest residents.


"Ciclop is a legacy company, a traditional company, but it has often lost its direction and reason for being. Essentially, at this moment, this company lives off rentals, so it’s basically in real estate," said Ciprian Ciucu, the general mayor of the Capital.


Sources

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Ziare.com
Primăria Capitalei are un service auto cu pierderi de milioane de lei, dar cu 11 șefi, majoritatea politicieni. Consiliul General i-a alocat un ajutor de 30 de milioane de lei
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Digi24
Primăria Capitalei deține un service auto fără utilitate publică, cu pierderi de milioane de lei, dar cu 11 șefi

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