The European Commission on Friday (November 19) approved the fifth list of Projects of Common Interest in the field of trans-European energy infrastructure, a list that includes several projects in Romania - especially the second phase of the BRUA (Bulgaria - Romania - Hungary - Austria) pipeline project, Adevarul reported. In the natural gas sector, among the projects involving Romania and which are included on the fifth list of projects of common interest are: Depomure? Underground Gas Depot, Bilciure?ti Underground Gas Depot and BRUA - Phase II. This second stage of BRUA projects includes the expansion of transport capacity in Romania towards Hungary: ensuring the physical possibility of permanent bidirectional flow between Romania and Hungary, by building a compression station at Csanadpalota (Hungary). Other several projects related to the transfer of natural gas from Black Bea to the main BRUA route are included as well: Tarmul Marii Negre (Black Sea Coast)- Podisor (RO) pipeline. The list also includes projects of the Romania - Serbia Cluster, also known as the "Mid Continental East Corridor", namely the following projects of common interest: the overhead power line between Resita (RO) and Pancevo (Serbia); the overhead power line between the Iron Gates and Resita; the overhead power line between Resita and Timisoara / Sacalaz and the overhead power line between Arad and Timisoara / Sacalaz.
Exim Banca Romaneasca diversifies its product portfolio and launches the Mastercard World card in EURO, a tool that enhances the payment experience for people who travel or work abroad, offering premium advantages, benefits, and rewards. The new EURO card from Exim Banca Romaneasca has as its main advantage the reduction of costs associated with transactions...
A report by cybersecurity company Refute uncovered a large-scale international influence operation targeting Romanian diaspora voters on TikTok ahead of the second round of Romania’s presidential elections on May 18. The report identifies approximately 32,500 TikTok videos containing slogans promoting the populist candidate George Simion and former candidate Călin Georgescu. Many of these videos are […]
Romania's gross domestic product (GDP) remained largely unchanged in the first quarter of 2025 compared to the previous quarter, according to flash estimates published on May 15 by the National Institute of Statistics (INS). The economy recorded a growth of 0.2% in gross series and 0.5% in seasonally adjusted series compared to the same quarter of […]
Iulius Mall Suceava has officially inaugurated its EUR 40 million expansion that transformed it into “the largest retail and entertainment hub in northern Romania,” according to the official announcement. Developed by IULIUS and Atterbury Europe, the project adds 16,500 sqm of new retail space, bringing the mall's total area to 60,000 sqm. The expansion introduces […]
The European Bank for Reconstruction and Development (EBRD) announced the launch of the second edition of its Star Venture program in Romania this week, following a first edition in 2022. The program provides high-potential startups with business expertise and access to finance. After the round of applications, 10 promising startups were shortlisted to showcase their […]
Non-profit BookLand started building last year a pre-university, dual-system campus in the village of Vultureşti, in southern Romania’s Argeş county. The campus will train pupils in various specializations, allowing them to work in industries ranging from hotels & restaurants to retail and food. More on how the project got off the ground and what it […]
