The dynamics of public investments was much higher this year, in the conditions in which, in the budget execution account, Romania recorded, at the end of August, 67 billion RON of investments made from both European and national funds, he announced on Tuesday the minister of Finance, Marcel Bolos, during the "RoInvest - 5th Edition" conference, organized in Bucharest on Tuesday."We had a much higher dynamic in 2024, for the pace of public investments, and in the budget execution account, at the end of August, we recorded 67 billion RON, investments made from both European and national funds. For which means the evolution until the end of the year and, of course, the implementation of this ambitious public investment budget, the figures show us that we will easily exceed 110 billion RON. There are projects that, whether we are talking about the highway infrastructure or the the railway or the other investments that are made in the field of education, but also in the field of health, are the backbone of Romania's development," said Marcel Bolos.According to him, the public investment budgets for the years 2025, 2006, 2027 "are extremely ambitious"."Over 150 billion RON will be allocated from the state budget in the form of co-financing, as well as expenses that represent Romania's contribution to the cohesion policy, to the National Recovery and Resilience Plan, and to the Anghel Saligny National Program. perspective, as a percentage of GDP, in the coming years we will reach up to 8% allocation of these budgets. The good part is that, if until yesterday we did not have budget execution on investments - and the budget corrections from the previous years were done through money cuts from investments, because the money was not used - now this is no longer in question. Our last budget rectification, the one from yesterday, assumed an increase of 20 billion RON for investments financed from European funds," the minister added.
It's almost impossible to think about anything not related to elections this weekend but if you should need some distraction, there are options. Happening now is the European Film Festival, screening recent productions from the continent, very varied in theme, tone, and genre. The fest is playing Bucharest, Sfântu Gheorghe and Timișoara until Sunday and […]
Modernization work is ready to start at Bucharest’s Henri Coandă International Airport, also known as the Otopeni Airport, following an investment of over RON 112.4 million (some EUR 22 million) led by the National Company Bucharest Airports (CNAB), news agency Agerpres reported. The company...
Paris Hilton, who will be present at IntenCity Craiova, a festival organized this summer between June 26–29, sent a message to her fans in Romania. "I'm excited to perform at the IntenCity Festival on June 28. It's going to be so much fun! See you there," Paris Hilton told those who will come to Craiova. […]
AMAIS (Association for Alternative Methods of Social Integration) has officially launched the SeeYou mobile app, an innovative platform that connects visually impaired individuals with volunteer guides who can accompany them during everyday activities - from medical appointments or shopping to park strolls or cultural events. SeeYou is the first mobile app of its kind in […]
SAI Broker, a Romanian investment management company part of BRK Financial Group, listed a new ETF on the Regulated Market of the Bucharest Stock Exchange (BVB) on May 16, under the stock symbol BKBETETF. The ETF aims to fully replicate the structure of the main index, BET. The BET index reflects the evolution of the […]
An investment of over RON 1.26 billion, approximately EUR 254 million, is set to be made in the Port of Constanța, to increase maritime transport capacity and the volume of commercial exchanges. The funds will be used for the construction of a quay and the development of a port area covering 550,000 square meters. The […]
