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)
Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous […]
Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]
Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show. Towns are more connected, cities are getting smarter, and essential services are beginning to live online, not in line. A tidal wave of digitisation is common to other areas of the globe, that’s […]
Several segments in Romania's A7 and A8 highway projects have lost funding from the National Recovery and Resilience Plan (PNRR) due to project delays, the minister of investments and European projects, Dragoș Pîslaru, announced on Tuesday, July 15, as reported by Biziday.ro. He did not specify which segments of these highways were affected. The statement […]
Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern Bucharest. The project, estimated at EUR 50 million, will include 500 apartments and 400 square meters of commercial space. […]
According to an analysis from real estate consultant Colliers based on National Bank of Romania data, Romanians spent more than EUR 3 billion on international travel in the first four months of 2025, 15% more than in the same period of 2024. If the current pace continues, Romanians’ spending on foreign holidays and business travel […]
