Dorinel Umbrărescu, who owns the most powerful Romanian construction group, is interested in buying the steel plant Liberty Galați, owned by Sanjeev Gupta, according to sources familiar with the negotiations consulted by Economedia.ro. ...
The government approved at its Thursday's meeting, at the proposal of the Ministry of Public Works, Development and Administration (MDLPA), the negotiation and signing by Romania of the financing programs for transnational investments between Romania and Ukraine, the Republic of Moldova, and Black Sea countries, respectively.Between 2021 - 2027, the three programs will fund cooperation projects in areas such as emergencies, education, health, innovation, research, environmental protection, climate change, risk prevention, culture, tourism, safety, security and good governance, the Ministry said in a release.The Romania - Ukraine program has 54,050,004 euros assigned for investments in the border counties of Satu Mare, Maramures, Suceava, Botosani, Tulcea and the Zakarpattia, Chernivtsi, Odessa and Ivano-Frankivsk oblasts.The Romania - Republic of Moldova program has a budget of 77,298,439 euros, with the eligible area including the counties of Botosani, Iasi, Vaslui, Galati and the entire Moldovan territory, MDLPA said.The total budget of the 2021 - 2027 Interreg VI-B NEXT Black Sea Basin Program is 72,275,137 euros, the eligible area including Armenia, Bulgaria, Georgia, Greece, the Republic of Moldova, Romania (SE region), Turkey and Ukraine.Between 2021 - 2027, Romania participates in the three programs as Managing Authority, Joint Secretariat and Audit Authority, the cited source said.In order to ensure a transparent framework for institutional cooperation, the Ministry of Development, Public Works and Administration organized debates and posted all the documents related to the programming process on the websites www.blacksea-cbc.net, www.ro-md.net and www.ro-ua.net, for public consultation.The programs will be next submitted to the European Commission for approval.
Dorinel Umbrărescu, who owns the most powerful Romanian construction group, is interested in buying the steel plant Liberty Galați, owned by Sanjeev Gupta, according to sources familiar with the negotiations consulted by Economedia.ro. ...
A group of retail investors, along with three funds from Slovenia, imposed their position at the September 29 shareholder meeting of Fondul Proprietatea (FP), dismissing the head of the Board of Nominees and deciding to resume from scratch the procedures for selecting a new fund manager, scrapping the past procedures that resulted in the selection […]
Electroalfa, one of the main players in the electrical equipment and metal fabrication industry, general contractor and integrator of energy solutions, is preparing to list its shares on the Bucharest Stock Exchange (BVB), according to Economedia.ro. ...
Tax revenues in Romania increased by 11.0% y/y to RON 212.3 billion in January-August and accounted for 11.2% of the year’s planned GDP, up from 10.9% in the same period last year, driven by a 16.4% y/y advance in August to RON 26.7 billion after the first package of budgetary measures was implemented. In January-July, the […]
Romanian authorities said on Monday, September 29, that mercenary leader Horațiu Potra and his son have been arrested in Dubai and will face extradition proceedings to Romania, after being on the run for months under an international arrest warrant. The Ministry of Justice in Bucharest confirmed that officials in the United Arab Emirates had taken […]
Romania won the gold medal in the first mixed 8+1 rowing event on Sunday, September 28, on the last day of the World Rowing Championships in Shanghai, China. The crew made up of Magdalena Rusu, Maria Lehaci, Andrada Moroșanu, Florin Lehaci, Florin Arteni, Ciprian Tudosă, Ștefan Berariu, Simona Radiș, and Victoria Petreanu had the best […]