*The company will also facilitate the delivery of humanitarian aid to conflict zones, https://www.euractiv.com/ reads. The Romanian government approved the creation of a state-run railway company to meet the country's defence needs on Wednesday, bringing the country in line with the EU's new military mobility initiative. The new company will be legally obliged to handle Romania's strategic transport, ensuring that the state has a reliable option in situations where private transport companies may refuse or be unable to provide certain rail services, especially in times of crisis. The "extraordinary events" of 2020-2023 highlighted the Romanian state's need for a reliable rail freight operator capable of transporting troops, equipment, machinery, and armaments in the event of military mobilisation either for Romania or for its strategic partners. The company will also facilitate the delivery of humanitarian aid to conflict zones, supporting international cooperation efforts. Beyond military needs, the company will play a critical role in transporting essential goods such as grain, raw materials, and fuel, helping to prevent potential food or energy crises. In addition to its strategic role, the state-owned company will also operate in the rail freight market, complementing existing services to meet wider market needs. Military Mobility, introduced by the European Commission for the 2021-2027 programming period, is also part of the Regulation on the Connecting Europe Facility 2021-2027. According to the Commission, military mobility is vital for the security and defence of Europe, as the armies of EU member states should be able to respond quickly and on a large scale to crises at the EU's external borders and beyond. Romania has committed to improving military mobility through its participation in the Permanent Structured Cooperation (PESCO) and reaffirmed this commitment at the NATO Summit in June 2018.
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
Romanian president Nicușor Dan is scheduled to be in the United Kingdom on Tuesday and Wednesday, December 16-17, to meet with representatives of the business environment and the Romanian community. On the first day, the head of state will hold meetings with Romanian representatives from the business environment in the UK, as well as with […]
More than 300,000 older people living in Romania’s urban areas are expected to spend Christmas alone, according to data cited by the NGO Niciodată Singur – Friends of the Elderly, which recently launched its annual holiday campaign aimed at tackling loneliness among seniors. The initiative, titled “Be the Carol That Breaks the Silence,” is based […]
The Romanian Senate adopted a simple motion initiated against environment minister Diana Buzoianu on Monday, December 15. The motion passed after the Social Democratic Party (PSD), the largest party in the governing coalition, joined the far-right opposition party AUR in the initiative. The vote for the simple motion was carried after a no-confidence motion filed […]
Romanian farmers are set to benefit from improved access to financing following a EUR 25 million loan granted by the European Investment Bank (EIB) to Agricover Credit IFN SA, aimed at supporting micro agricultural businesses across the country. The funding will be provided under the InvestEU mandate and is intended to boost productivity and promote […]
Romanians rank among the most satisfied homeowners in Europe, but rising housing-related costs continue to put significant pressure on household budgets, according to the RE/MAX European Housing Trend Report 2025. The study showed that 81% of Romanians are happy with their living situation, above the European average of 77%, while 83% live in owner-occupied properties, […]
