Over 207 million euro will be invested in the development of the regions on the two sides of the Bulgaria-Romania border in the 2021-2027 period under the Interreg VI-A programme between the two countries. This transpired in remarks by Deputy Regional Development Minister Delyana Ivanova as she chaired an online meeting of the joint working group for strategic planning for the programme, BTA informs.The meeting approved the final version of the programme before submitting it for approval to the European Commission.Among the key priorities are environmental protection, climate change, improving connectivity by developing the rail networks and navigation on the Danube, tourism and financial support for small and mid-sized businesses.The biggest share of the programme funding, close to 93 million euro, will go towards Green Deal activities.The strategic investment and calls to proposals will seek to attract projects between the two countries for preventing disasters, building green infrastructure and reducing pollution in the settlements on the Danube.Over 70 million euro will be invested in an integrated strategy for supporting the local communities in the border regions to define their own investment priorities in tourism and related sectors. Among the strategic priorities here is completing the Eurovello route in Bulgaria and Romania.Funding will also be available for improving the competitiveness of micro-, small and medium-sized businesses as they deal with the aftermath of the COVID crisis.Deputy Minister Ivanova believes that if work on the programme makes good progress, investment in the region can start before the end of 2022.
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
A former pastor from California has been accused of sexual abuse and child trafficking at a shelter he ran in Bucharest, according to lawsuits filed by two Romanian men in the California District Court, AP reported. The complaints, filed by 33-year-old Marian Barbu and 40-year-old Mihai-Constantin Petcu, reportedly say that former pastor and missionary of […]
Four cities, namely Bistrița, Deva, Oradea, and Tulcea, have submitted bids to become Romania’s Youth Capital in 2027, organizers announced after the first round of applications closed on September 15. The competition, inspired by the European Youth Capital program, highlights cities’ commitment to investing in young people and involving them in community life. “The fact […]
Revolut Bank UAB has appointed Florina Moisei as the new Country Manager of its Romanian branch. The digital bank has about 4.5 million users in the country. According to the company, Florina Moisei brings over 20 years of experience in the financial-banking sector, with a strong focus on risk management, operational efficiency, and business development. […]
Three projects coordinated by schools and institutions from Romania have been designated winners of the European Award for Innovative Teaching 2025, granted by the European Commission. The projects, designed by schools from Bucharest, Harghita, and Iaşi, tackle a range of issues. The awarded projects are: Rangers of Change, by Secondary School no. 195 from Bucharest […]
