The World Bank is interested in financing a series of road projects in Romania, especially in setting up electric and hydrogen charging stations for road transport of goods, according to the general director of the National Company Administering Road Infrastructure (CNAIR) , Cristian Pistol. “During talks held in Washington we decided to organize a bilateral meeting in Bucharest to carry out the first actions needed for collaboration. Policies and strategies to reduce carbon imprint in the process of building infrastructure represent an important objective for the World Bank,” Pistol wrote on his Facebook page on Tuesday. According to the source, less polluting equipment, ecological materials or the use of materials which can be recycled are just a few of the suggestions of World Bank representatives. For users of transport infrastructure, the World Bank is interested in financing setting up electric and hydrogen charging stations for road transport of goods in particular. Road safety represents another point of interest for the World Bank, next to programs for improving road infrastructure in Romania. “The rehabilitation of road bridges or the construction of new bridges are in the area of financing granted to Romania by this financial institution. World Bank representatives assured they would back the implementation of projects for road infrastructure through a public-private partnership. The World Bank team present at talks will be headed by Mr Shomik Raj Mehndiratta, Practice Manager Transport ECA- Europe”, said the head of CNAIR.
A recent investigation conducted by Romanian journalists at Recorder claims to show that Vlad Oprea, the mayor of Sinaia, a popular mountain town roughly 120 km north of Bucharest, has an impressive fortune hidden from public view. He allegedly owns several properties, including a castle in France, which was bought under the name of one of his […]
Retail investors subscribed over 23.3 million shares in the first three days of the initial public offering carried out by energy group Premier Energy (PE). There were over 10,000 orders placed by retail investors, amounting to over RON 500 million (100 mln), as of Friday, May 10, at 15:15. The Premier Energy IPO is the […]
Romania ranked second in the region in terms of industrial & logistics spaces leased in the first quarter of 2024, after Poland, the uncontested leader in Central and Eastern Europe, according to a recent report by real estate consultancy company Cushman & Wakefield Echinox. The local demand surpassed that in Czechia, Slovakia, and Hungary. Companies leased […]
The organizers of Romania’s seaside festival Neversea unveiled the first artists for this year's edition. Maluma, Nick Carter, Bebe Rexha, G-Eazy, Mahmut Orhan, Don Diablo, and others are on the 2024 lineup. Maluma, the Colombian reggaeton and Latin-pop superstar known for his chart-topping hits and collaborations with artists like Shakira, Jennifer Lopez, The Weeknd, J […]
Digital nomad publication Freaking Nomads created an index of the best cities for digital nomads worldwide, and Bucharest took the ninth spot in the ranking. Coming out on top was Hoi An, Vietnam, with a score of 73.94 out of 100. The research looked at criteria influencing the appeal of cities for digital nomads, such […]
The electoral campaign for the June 9 local and European elections in Romania officially began on Friday, May 10, and will end on June 8. The Central Electoral Bureau urged all candidates and parties to maintain balanced and honest discourse and avoid distorting or manipulating information. The audiovisual electoral campaign will conclude on June 7 […]
