This file is a harmful and undesirable program. Probably virus. It's recommended to delete it.
What is WIN32.EXE Windows startup process
File name: WIN32.EXE
Program name: WIN32
Description: RATEGA TROJAN
Information added by: Morfeuss at 28 July 2008
Hint: If win32.exe file is a virus or trojan, we recommend to use a antivirus software or registry cleaner.
We are presenting list of Windows processes, startup files.
Name of WIN32.EXE is WIN32. Some of them are viruses, so you should use a antivirus program.