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Romania’s government approved the third and final revision of the National Recovery and Resilience Plan (PNRR) at an extraordinary meeting on June 22, reducing the loan component of the facility by EUR 1.2 billion and bringing the country’s total allocation from the European Union to EUR 20.2 billion, according to Economedia. Under the revised plan,…

Romanian port operating company Comvex (BVB: CMVX) announced on Wednesday, June 24, that it has expanded the storage capacity of its grain terminal in the Port of Constanța by building five new storage cells, adding 28,000 metric tons of temporary capacity. The project was inaugurated at the Comvex grain terminal at Berth 80, in the…

Romania’s Alliance for the Union of Romanians (AUR) and its leader, George Simion, played a decisive role in preventing the confirmation of Prime Minister-designate Adrian Vestea on June 22, but their actions should not be interpreted as a defence of democratic principles, historian Cosmin Popa said in the Vorbitorincii podcast hosted by journalist Cătălin Striblea.…

Bucharest City Hall announces that tree planting has begun on Magheru Boulevard, Profit.ro announced. PMB calls the boulevard “a car tunnel, full of exhaust gases”. The Capital City Hall also noted that trees known as the “gum tree” (liquidambar) have been and will be planted in the alveoli. Recently, it was announced that the general…

After he appointed first a second-tier politician to form a government of technocrats, then a third-tier politician to take over one of the country’s oldest political parties – both candidates designed as interfaces for a Social Democrat government – Romanian President Nicusor Dan gave in on June 23 and delegated to the parliamentary parties the…

The Transfăgărășan, Romania’s spectacular high-altitude road which crosses the north-south axis of the Făgăraș Mountains, was ranked 4th globally among the best routes for electric vehicles, according to a study conducted by iSelect, an Australian company specializing in comparing utility tariffs and infrastructure. iSelect analysts looked at 48 routes around the world to find which…

Léo Delibes’ opera Lakmé will premiere at the Bucharest National Opera with performances scheduled for July 2 and July 3. The opera has been absent from the stage of the Bucharest institution for more than half a century, director Andrei Șerban noted. The director broadens the significance of Lakmé, placing it among the great stories…

President Nicușor Dan convened consultations with the leaders of the parliamentary parties on Tuesday, June 23, after the Veștea government failed to receive a vote of confidence in Parliament the day before.  The meetings are set to take place at the Cotroceni Palace, starting with the Social Democratic Party (or PSD) at 1 PM, followed…

Biopharma, a Ukrainian biotech company, aims to open a factory in Arad, western Romania, by the end of 2027. The investment is valued at EUR 85 million in the first phase, according to Biopharma president Kostiantin Iefimenko. In total, the project in Romania will have four stages of different sizes. The company’s total investment in…

China’s LONGi, one of the largest global producers of solar technology, has announced a partnership with Enery, an independent energy producer from Austria, for the development of a portfolio of solar and storage projects with a total capacity of 1.5 GW in Romania. The timeline is set between 2026 and 2027.  According to the announcement cited…