At a plenary sitting on Tuesday, the Chamber of Deputies adopted a bill under which mining royalties derived from mineral water exploitation may become revenues of the local governments.The bill is designed to attract financial resources at the level of local administrations allowing spa resorts in Romania to make offers suitable to the needs of tourists in terms of accommodation establishments, healthcare centres, related affordable service packages.By way of derogation from Article 307(2) of Government Emergency Ordinance 57/2019 regarding the Administrative Code, as subsequently amended and supplemented, the mining royalty derived by concession from activities of exploitation of surface resources, carbonated or non-carbonated natural mineral water, therapeutic mineral water and thermomineral water should become income as follows: 35% to the local budget of the county on whose territory the exploitation is carried out, 45% to the local budget of the small towns, towns or cities , as the case may be, on whose territory there is such exploitation, 20% to the national budget.The bill was also adopted by the Senate, with the Chamber of Deputies being the decision-making body in this case.
Romania won the gold medal in the first mixed 8+1 rowing event on Sunday, September 28, on the last day of the World Rowing Championships in Shanghai, China. The crew made up of Magdalena Rusu, Maria Lehaci, Andrada Moroșanu, Florin Lehaci, Florin Arteni, Ciprian Tudosă, Ștefan Berariu, Simona Radiș, and Victoria Petreanu had the best […]
The Reșița funicular system will be reconverted through a New European Bauhaus project and turned into a space for pedestrians and cyclists, with cultural, touristic, and urban mobility purposes. The cable railway system has been inactive for 30 years. Built at the beginning of the 1960s to transport limestone, the funicular will now be transformed […]
Bucharest hosts the ninth edition of Spotlight – International Light Art Festival, Romania’s largest urban light festival, between October 10 and 12, with over 20 installations from the country and across Europe. Themed “Symbiosis,” this year’s festival is curated by scenographer Adrian Damian, known for his multimedia stage designs and integration of new media art. […]
Romania’s blind football team, representing the municipality of Bucharest, won first place at the Central European Cities Cup, held in Prague from September 26 to 28. The national team won the trophy for the first time. To get first place, Romania defeated the teams from Lodz (Poland) 4–0, Ingolstadt (Germany) 6–0, and BSC Prague (Czechia) […]
Romanian ultramarathon runner Tibi Ușeriu will embark on a symbolic journey in October from Rome to Drobeta-Turnu Severin, retracing the historic route of the Roman legions as part of a campaign to promote Via Transilvanica, Romania’s long-distance cultural trail. Tibi joins his brother, Alin Ușeriu, who set off on June 12 to walk the entire […]
Cris-Tim, a well-known cold cuts producer in Romania currently operated by founders Radu and Cristina Timiș, announced its intention to launch an initial public offering (IPO) on the Bucharest Stock Exchange (BVB). The offering, aimed at retail investors in Romania and institutional ones outside the United States, will consist of a package of existing shares, as […]
