Category: Uncategorized

Cluj-Napoca mayor Emil Boc announced that the Park & Ride facility at the city’s airport will be finalized by the end of the year. Over 800 parking spaces are set to be available, and the investment exceeds EUR 14 million, according to News.ro. Mayor Boc announced on Monday, October 21, that traffic resumed on Traian…

The National History Museum of Romania, located in Bucharest, is set to undergo a major renovation under a total investment estimated at EUR 100 million. According to culture minister Raluca Turcan, the museum will become the second-largest consolidated and restored historical monument in Romania, after the Palace of Culture in Iași. “The design for the…

Romania’s Ministry of Education has initiated a public consultation on the methodology for granting accommodation and meal subsidies to students. The proposal extends the current subsidies beyond state university dormitories to cover alternative accommodation, such as rented apartments, according to Edupedu.ro. To qualify for the rental subsidy, students must inform their educational institution in writing…

Greenpeace Romania announced that it filed a lawsuit against the Ministry of Culture, challenging the permits issued for the offshore Neptun Deep gas project developed by OMV Petrom and Romgaz. The environmental group claims the ministry failed to follow legal procedures in declassifying an underwater archaeological site located within the project’s area. The entire continental platform…

Moldova’s pro-EU authorities narrowly succeeded in having passed the constitutional referendum on the country’s European path held on October 20, with significant challenges ahead for president Maia Sandu as she faces a difficult second-round presidential vote. The referendum, which sought to solidify Moldova’s commitment to European Union accession, saw a substantial portion of the electorate…

The National Agency for Land Improvements (ANIF) in Romania has tendered a RON 1 billion contract for the design and execution of works on a 23-km section of the Siret-Bărăgan Irrigation Main Canal.  This section is located on the territory of Vrancea county, and the works contracted by ANIF include three hydrotechnical nodes, Zăbrăuți, Șușita,…

Romanian shipyard VARD Tulcea, part of the world leading shipbuilder Vard Group owned by Fincantieri, will build a EUR 320 million cable-laying vessel for Prysmian – a Milan-headquartered company specializing in the production of electrical cable for use in the energy and telecom sectors and for optical fibers with manufacturing activities in Romania. This is…

Romanian electricity utility firm Electrica (BVB: EL) convened its shareholders on December 11 to clear the extension of guarantees for a EUR 200 mln credit that its subsidiary handling the distribution network DEER seeks to contract from the European Investment Bank (EIB) for financing its three-year investment plan, according to a note to investors. At…

Dr. Max, one of the largest players in the Romanian pharmaceutical market, has signed a lease agreement for 11,800 square meters in ELI Park Iași, a project in the portfolio of ELI Parks – one of the most active developers in the logistics and industrial market in Romania, according to Ziarul Financiar. The new facility…

Romania’s state-owned freight railway company, CFR Marfă, is set to be liquidated following the completion of its pre-insolvency arrangement next March, according to Ziarul Financiar, which cites officials from the Ministry of Transport.  CFR Marfă, which generated revenues of RON 778 mln (EUR 157 mln) in 2023 but is burdened by debts amounting to RON…