Minister of European Investments and Projects Marcel Bolos declared on Friday in Alba Iulia that Romania is seeking European funding for the expansion of copper mining in Rosia Poieni - Alba County."For the copper mining development project we plan to obtain support under the Smart Growth, Digitalization and Financial Instruments Operational Program. In this regard, we are having talks with the European Commission so that this important project for Romania (...) can be expanded and, why not, succeed perhaps in having this important resource of Romania's processed domestically," Bolos told a press conference.He added that a package of projects is being discussed that refer both to the expansion of copper mining, but also to copper processing."Yet for processing we need to identify the investor who would be willing to invest in such an important infrastructure, both in terms of volume and complexity of the technological process. What we propose to the European Commission involves expanding mining, with the support of Cupru Min company, and, why not, also setting up the processing component also in Alba County," Bolos explained.It is not the first time that the possibility that the ore extracted from the Rosia Poieni deposit be processed in Romania instead of being sold abroad as so far, mainly to China, is being tackled, as various government officials declared along the years that investments should be supported so that the copper ore be processed in the country.Cupru Min, a company under the authority of the Ministry of Economy, has as main activity object the exploitation and delivery in specific forms of copper ore resources/reserves from the Rosia Poieni mining perimeter. The extracted copper concentrate comes from a porphyry deposit which, in addition to copper, contains other metals as well.
Low-cost airline Wizz Air announced the opening of its first dedicated aircraft maintenance center in Romania, located at Bucharest Băneasa International Airport. Developed in partnership with aerospace and defense company Romaero, the facility marks a strategic move in the airline’s local and regional operations. Scheduled to begin operations in October 2025, the maintenance center will […]
Romania had the highest proportion of people in the European Union unable to afford a one-week holiday away from home in 2024, with 58.6% of the population affected, according to data published by Eurostat on July 15. The figure places Romania at the top of the EU ranking, ahead of Greece (46%) and Bulgaria (41.4%), […]
The no-confidence motion filed by the far-right Alliance for the Union of Romanians (AUR) against the government of prime minister Ilie Bolojan failed on July 14 during the joint session of the Parliament. The outcome was broadly expected, despite the Social Democrats' vocal discontent with what they claim to be the prime minister's authoritarian decision […]
Two of Romania's ruling coalition leaders have signaled that the country will eventually adopt a progressive taxation system, though both parties agree that the current economic and social conditions are not yet suitable for such a shift. The Liberal Party (PNL) and the reformist USR party have previously argued against progressive taxation. Deputy prime minister […]
The Romanian Ministry of Finance raised RON 1.66 bln ( EUR 330 million) from the population in the July edition of its Fidelis government bond programme, maintaining the same level as the June issue and significantly exceeding the RON 1.18 billion subscribed in May. Despite the consistent demand, July’s subscription remained below the record set […]
Romania’s current account (CA) deficit surged by 43% y/y to EUR 33.6 billion in 12 months to May 2025, driven by each of its main components but particularly by the 17% y/y wider trade deficit in goods, according to data published by the National Bank of Romania (BNR). Romania’s CA gap thus hit 9.5% of […]
