The European Commission announced on Monday that they approved an investment of over 175 million euro from the Fund of cohesion for the modernisation and installation of a new drinking water and waste water infrastructure in Olt county. ‘The Commission approved an investment of over 175 million euro from the Cohesion Fund for the modernisation and installation of a new drinking water and waste water infrastructure in Olt county, Romania. The new infrastructure will reduced the leakages and interruptions in water supply, thus contributing to meeting the requirements of the EU Directive regarding drinking water to Romania’ the European Commission said. This investment from EU funds will contribute to the socio-economic development at local level through the improvement of the living standards of the inhabitants in the rural areas and by the creation of work places both in the construction stage and in the placing into service stage. ‘The project is a perfect example of the way in which the cohesion policy brings direct benefits to the European citizens, keeping and protecting the environment and promoting the efficient use of the resources’ the Commissionaire for cohesion and reforms, Elisa Ferrreira said. The waste waters grid will be extended by 259.08 km, and with 37.87 km will be improved in the existing system. At the same time, another 64.41 km of evacuation pipes will be installed and ten pumping units for waste waters will be modernized and another 156 new units will be built.
The central Romania city of Brașov will turn into the third entry point to the long-distance trail Via Transilvanica, after Putna and Drobeta Turnu Severin, according to Biz Brașov. The trail, which spans some 1,400 km at the moment, starts in the northern Romania region of Bucovina, at Putna, crosses Transylvania, and ends at Drobeta […]
The European Commission has revised down its economic forecast for Romania, predicting a modest GDP growth of just 1.4% in 2025 - below the 2.5% projected in its previous autumn outlook. The updated Spring Forecast also anticipates a slight recovery to 2.2% in 2026, but warns that economic momentum could be constrained by rising uncertainty […]
The Ministry of Culture announced on Monday, May 19, that it signed a financing contract for the ePatrimoniu project, a major initiative aimed at digitizing Romania’s cultural heritage and making it more accessible to the public. Backed by over EUR 24 million in funding, the project is set to create a digital platform that centralizes […]
Turnover reached approximately EUR 23 million in 2024. The EPC division generated 90% of the company’s revenue last year. In 2025, Enexus aims to exceed 600 MW of total installed renewable energy capacity Enexus, an integrated EPC company specialized in fast execution of mid to large-size photovoltaic projects with storage capabilities, announces...
Nicușor Dan, a mathematician and civic activist turned politician and mayor of Bucharest, made history by becoming Romania's new president as an independent candidate, securing 53.6% of the vote in a landmark election. His victory over far-right contender George Simion signals a renewed commitment among Romanian...
With the support of voters in large cities across the country and against the background of the high election turnout, Nicușor Dan became the winner of the presidential run-off. Dan finished the first round with close to 2 million votes fewer than George Simion but managed to win the second round with 829,589 more votes […]
