Deputy Prime Minister and Finance Minister Tanczos Barna, and visiting head of the Swiss Federal Department of Foreign Affairs, Federal Councilor Ignazio Cassis signed on Thursday at the Victoria Palace of Government five financing agreements under the Romanian - Swiss Cooperation Program. Prime Minister Marcel Ciolacu and Foreign Minister Emil Hurezeanu also attended the signing ceremony.The agreements envisage the support measure for:* The Energy Efficiency and Renewable Energy Program - Program Operator: the Ministry of Development, Public Works and Administration. Total allocated budget - 70.5 million Swiss francs, of which the Swiss contribution is 60 million Swiss francs;* The Public Security and Safety Program (Home Affairs) - Program Operator: the Ministry of the Interior. Total allocated budget - 23.5 million Swiss francs, of which the Swiss contribution is 20 million Swiss francs;* The Public Security and Safety Program (Justice) - Program Operator: the Ministry of Justice. Budget - 11.7 million Swiss francs, of which the Swiss contribution is 10 million Swiss francs;* Health Services Program - Increasing the capacities for the prevention and treatment of child and teenage addiction in Romania - Program Operator: the Health Ministry. Total allocated budget - 11.7 million Swiss francs, of which the Swiss contribution is 10 million Swiss francs;* Dual Education Program - Program Operator: the Ministry of Education and Research. Budget - 11.7 million Swiss francs, of which 10 the Swiss contribution is 10 million Swiss francs. (Photo:www.gov.ro)
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
