President Klaus Iohannis will host a working meeting on Wednesday at the Cotroceni Presidential Palace alongside the European Council president, Charles Michel, dedicated to the preparation of the future Strategic Agenda of the European Union, the Presidential Administration announced.According to a press release sent on Tuesday, the prime ministers of Belgium, Hungary and Croatia will also attend the meeting."The consultations held in Bucharest are part of a broader process of defining the European Union's priorities for the period 2024-2029, which began at the an informal meeting of the European Council, in Granada on 6 October 2023, when the debates of the leaders of the EU Member States revealed the interest in placing security and defence issues, global involvement and enlargement of the Union, and strengthening the Union's resilience and competitiveness at the top of the European agenda. On the basis of the coordinates established in Granada, the discussions during the meeting at the Cotroceni Palace will be an opportunity to deepen these elements and to analyse the lines of action at the level of the European Union in order to achieve the common objectives of strengthening the EU's profile at international level, ensuring prosperity and promoting and protecting democracy and European values," the Presidential Administration stated.Discussions to prepare the Strategic Agenda for the next institutional cycle will continue at the level of EU leaders, with the aim of its adoption by the European Council at the meeting scheduled for the end of June this year.
CTP, a leading developer, owner, and operator of industrial and logistics properties in Europe, is moving forward with the construction of a new 10,800 sqm building at CTPark Oradea North, further expanding its presence in western Romania. With this addition, the company’s development pipeline in Oradea now exceeds 100,000 sqm of gross leasable area. Located […]
The Romanian Investment and Development Bank (BID) has joined the Three Seas Initiative (3SI) Innovation Fund with a EUR 20 million commitment, becoming the fifth national promotional institution to back the EIF-led instrument. The fund, which backs growth-stage companies across Central and Eastern Europe, has now reached EUR 100 million in national contributions from Romania, […]
2025 will end with over 1,000 premium and luxury dwellings delivered in new residential projects from Bucharest and its surroundings, a record for the recent history of the local residential market, according to a market report issued by real estate consultant SVN Romania. The surge is driven by several medium- and large-scale developments, each featuring […]
Transgaz (BVB: TGN), the operator of the national natural gas transmission pipeline system, has increased its consolidated net profit almost fivefold in the first nine months of the year, compared to the same period in 2024, rising from RON 144.7 million (EUR 28.5 million) to RON 682 million (EUR 134.1 million), according to the report. Transgaz’s […]
The griffon vulture (Gyps fulvus), a species that has been extinct in the country for over 70 years, will be reintroduced in a project carried out by nature conservation non-profit Conservation Carpathia Foundation (FCC). The project, part of wider efforts to restore biodiversity in the Făgăraș Mountains, will be carried out in several stages, in […]
azitis.com, a major auction platform in Romania, announced the sale of three aircraft frames that were previously part of the fleet of now-bankrupt airline Blue Air. The engine-less aircraft were each sold for over EUR 45,000 and are set to be converted into hotels and restaurants. The aircraft sold are Boeing 737-530, Boeing B737-5L9, and […]
