The Economic and Financial Affairs Council of the European Union on 13 November approved the revised National Recovery and Resilience Plan (PNRR) for Romania, providing for EUR 21.4 billion (EUR 7 billion downward revision) with half of the money (or roughly 2.5% of GDP) to be absorbed within less than a year – which is seen as spurring growth from under-1% expansion rates in 2024-2025.
“We managed to agree on a simplified structure of the plan, through which we reduce the pressure...
Transgaz (BVB: TGN), the operator of the national natural gas transmission pipeline system, has increased its consolidated net profit almost fivefold in the first nine months of the year, compared to the same period in 2024, rising from RON 144.7 million (EUR 28.5 million) to RON 682 million (EUR 134.1 million), according to the report. Transgaz’s […]
The griffon vulture (Gyps fulvus), a species that has been extinct in the country for over 70 years, will be reintroduced in a project carried out by nature conservation non-profit Conservation Carpathia Foundation (FCC). The project, part of wider efforts to restore biodiversity in the Făgăraș Mountains, will be carried out in several stages, in […]
azitis.com, a major auction platform in Romania, announced the sale of three aircraft frames that were previously part of the fleet of now-bankrupt airline Blue Air. The engine-less aircraft were each sold for over EUR 45,000 and are set to be converted into hotels and restaurants. The aircraft sold are Boeing 737-530, Boeing B737-5L9, and […]
The seventh edition of Classix Festival will be held in Iași between March 1 and 8, 2026, with the concept Art & Mind, the organizers announced. The theme "will be a call to presence, slowing down, and rediscovering the fact that behind every act of creation lies the most complex instrument of all: the human […]
A third of Romanians living in Spain have higher education, even though the majority work in fields, unlike other nationalities, especially those from northern Europe, according to a new report from the Spanish Statistical Institute quoted by Digi24. The study is complex and details the structure...
Daniel Băluță, the mayor of Bucharest’s District 4 and the Social Democratic Party’s (PSD) candidate for the capital’s City Hall, took the helm of the party’s Bucharest branch on Thursday, November 13, after being elected during an extraordinary conference. He was the sole contender for the position, according to
