The physical progress on the entire road section connecting Romania to the European motorway network is currently approaching 30%, and the building activity advances at a good pace, Transport Minister Ciprian Serban announced on last Wednesday"An important step for connecting Romania to the European motorway network! Breakthrough achieved today on the first gallery (367.5 meters) of Tunnel 1 on the Margina-Holdea stretch - an important stage for the construction of the 2nd section of the Lugoj-Deva (A1) motorway. This stretch is 9.13 km long and is the only missing link in the Sibiu (Boita)-Nadlac 2 motorway, a road corridor of strategic importance for both Romania and the European Union. The works are being carried out by an association of Romanian and Bosnian contractors, who have 533 workers and 316 pieces of machinery deployed on site. Currently, the physical progress on the entire section is nearing 30%," the minister wrote on Facebook.According to him, the value of the contract is RON 1.82 billion, VAT excluded, an amount ensured under the NRRP, and the deadline for completion of the works is 2026.
On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]
The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]
French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]
Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]
Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]
The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities. The performance is primarily addressed to children and adults with special […]
