Chairman of Romania's National COVID-19 Vaccination Coordination Committee (CNCAV) Valeriu Gheorghita said on Tuesday that Romania is in the fourth wave of the COVID-19 pandemic, and the Delta variant of the virus is about to become dominant in the country."It is clear that we are currently on an upward trend from an epidemiological point of view; we are in the 4th wave, we are recording rising number of new cases and as a result of the fact that the Delta variant is about to become dominant in Romania," Gheorghita said at a news conference.He added that an important reason for the increase in the number of cases now is increased mobility, increased interaction between people, corroborated with the violation of preventative measures, and that is why the situation is not expected to stabilise in the period immediately ahead. Valeriu Gheorghita also said on Tuesday that there are signs that Delta infection could cause more serious forms among young people."Unfortunately, we are seeing what is happening in the United States as well. There are signs, although it is not yet very clear, that Delta infection could cause more serious forms among young people and children, which was atypical until now," Gheorghita told a press conference.He added that young people, adolescents and children are also at a much higher risk of getting sick, being a much more communicable variant, and vaccination coverage for young people is much lower.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
