The medieval citadel of Orastie, Hunedoara County, reopened on Monday to the general public after several years of conservation and restoration that reintegrated the historical monument into a concept of re-functionalization of the old city center."We are inaugurating an important project of the local administration, which we laid the foundations for ten years ago, when we drew up the project of the protected city center, which also integrates sites from the central area - the Orastie citadel in particular. I am glad that we were able to find the necessary funding for this project that was brought to a successful conclusion so that the Orastie citadel could be revitalised," mayor Ovidiu Balan declared on this occasion.Vice-president of the Hunedoara County Council Alin Samba noted that the project of the Orastie medieval citadel belongs to a set of local and regional sightseeing attractions along the Mures Valley."The municipality of Orastie, through its central, historical area, the medieval citadel, the Museum of Dacian Civilization, are illustrative of the traditions and history of these places. (...) This is an important project for the culture of Hunedoara County because along the Mures Valley there are now the Deva Citadel, the Corvin Castle and the freshly restored and highlighted Orastie Citadel, all worthwhile destinations," Alin Samba said.The project received RON 25.4 million in funding, of which RON 19.5 million in EU financing.The opening of the citadel was marked by an Open Day, with historical reenactments, weapon skill displays and medieval theater.Access to the citadel will be free for all visitors until August 24.The citadel was built around 1300 and was mentioned in chronicles in 1544 by cartographer and cosmographer Sebastian Munster, and in 1560 by Italian mercenary captain Giovanandrea Gromo. The robustly built and solid citadel was the refuge where the locals sought shelter during the Tatar, and later the Ottoman invasions.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
