European Commissioner for Regional Policy, Corina Cretu said on Monday that the project of the Centennial Bridge in northwestern Oradea, built from European cohesion funds, worth 3.3 million euro, is “emblematic” and one of the largest investments for the current 2014-2020 programming period. “I think it is an emblematic project, one of the largest investments in the current 2014-2020 programming period. I congratulate you on this work that you have done in record time,” Corina Cretu said at the inauguration of the Centennial Bridge. According to Mayor Ilie Bolojan, the final value of the bridge is 3.3 million euro, of which 2.6 million euro is European grant, the difference being local co-financing. “I take this opportunity to thank the European Commission, through Mrs. Cretu, for the funding it has provided to Romania and implicitly, to our city, because every year since we joined the European Union we have doubled our investment budgets as a result of winning European projects. And I said that it was appropriate fir this bridge, the Centennial Bridge, to have all the flags of the European Union as a form of respect for the contribution of European citizens to the cohesion funds we have accessed,” Mayor Ilie Bolojan said. The Centennial Bridge was built in eight and a half months, the largest structure of its kind in the country, an arched bridge, with support only on the banks, 80-meter long, 18-meter wide, with two lanes and 3-meter wide sidewalks for both pedestrians and cyclists.
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Bistriţa, a city in northern Romania and a former Saxon burg, has been included in the UNESCO Creative Cities Network (UCCN), in the newly-established category of Architecture. This creative field adds to the seven existing ones: Crafts and Folk Art, Design, Film, Gastronomy, Literature, Media Arts, and Music. Bistriţa is one of 58 cities that […]
Real estate developers building residential projects in Bucharest’s District 1 will now be required to contribute financially to the construction of elementary schools in areas lacking educational facilities, the district’s City Hall announced on October 31, Profit.ro...
A bipartisan group of senior members of the United States Congress is preparing legislation to block the Pentagon’s plan to downsize the American military presence in Romania and other NATO outposts along the alliance’s eastern flank,
Prime minister Ilie Bolojan announced that he would not attend the “Prime Minister’s Hour” debate scheduled in Parliament for November 3, citing prior commitments related to Romania’s defence industry partnership with Germany’s Rheinmetall AG. The session had been requested separately by the opposition Social Democratic Party (PSD) and the nationalist Alliance for the Union of […]
Agroserv Măriuța SA (BVB: MILK), a Romanian company in the agricultural sector and owner of the Lăptăria cu Caimac brand, announced the successful closing of the private placement for a new issue of guaranteed corporate bonds, through which it attracted the entire targeted amount of EUR 3 million. “This transaction allows us to refinance the […]
Austrian bicycle manufacturer Simplon will open a new production facility in Timișoara, western Romania, in early 2026, as part of a restructuring plan that will see a partial relocation of operations from its headquarters in Hard, Vorarlberg, Der Standard reported, as cited by Ziarul Financiar. The...
