Bucharest continues to be one of the most congested cities in the world, according to the TomTom Traffic Index for 2021. With an average congestion level of 50%, the Romanian capital ranks eighth at the global level and sixth in Europe. It is also the city with the worst car traffic in the European Union. Bucharest drivers lost an average of 115 hours in traffic jams last year. The level of traffic congestion was estimated at 50%, increasing by 8% compared to 2020, but decreasing by 2% compared to 2019, before the coronavirus pandemic, which imposed numerous travel restrictions and made remote work more popular, Economedia.ro reported. According to TomTom, a 50% congestion level means that, on average, travel times were 50% longer than during the baseline non-congested conditions. This means that a 30-minute trip driven in free-flow condition will take 15 minutes longer when the congestion level is at 50%. May 20 was the most congested day in Bucharest in 2021, and the day of the week with the worst rush hour was Thursday between 17:00 and 18:00. Istanbul tops the ranking of the most congested cities in the world, followed by Moscow, Kyiv, Bogota, Mumbai, Odesa, Saint Petersburg, Bucharest, and Novosibirsk. The 2021 TomTom Traffic Index details the traffic trends seen in 404 cities from 58 countries last year. (Further details are available on : https://www.tomtom.com/en_gb/traffic-index/ranking/)
Romania’s acting minister of defence, Radu Miruță, has asked Parliament to grant prior approval for the signing of a framework agreement with Lockheed Martin for the training of F-16 flight personnel at the European F-16 Training Center (EFTC) hosted in Romania,
Former Social Democrat (PSD) transport minister Răzvan Cuc was detained by prosecutors from the National Anticorruption Directorate (DNA) on suspicion of complicity in bribery, the DNA announced on Tuesday, December 16. Cuc, a member of the Social Democratic Party who served as minister of transport in the governments led by Sorin Grindeanu (currently the leader […]
Regions across Romania will receive a financing boost as a result of a EUR 25 million loan that CEC Bank is receiving from the European Investment Bank (EIB). CEC Bank will channel the EIB credit into public-sector projects that promote sustainable economic development, particularly in Romanian regions where the shift to a greener industry is […]
Local authorities in Buzău aim to convert the nearby military airbase Boboc, 117 km northeast of Bucharest, into a secondary airport with dual military and civil use. The final decision will be based on Romania's security interests and requires multiple permits, the Ministry of Defence said, according to Adevarul.ro. ...
Romanians purchased RON 1.49 billion (nearly EUR 300 million) under the last Fidelis issue this year, organised by the Treasury in December, with over two-thirds of the money being placed in euro-denominated debt and more than one-third of the total being placed in long-term 10-year euro-denominated debt with a 6.2% coupon attached, according to data […]
Environment minister Diana Buzoianu announced that the ministry she leads has launched the procedures for a feasibility study aimed at planting 380 hectares of forest shelterbelts in southern Romania, a region increasingly affected by desertification. According to the announcement, the project would result in more than 126 kilometers of tree lines planted along national roads. […]
