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.
ARTEX AG, a Liechtenstein-based company and sole shareholder of ARTEX MTF, a Lichtenstein-based regulated multilateral trading venue, has appointed Claudio Cisullo, Founder and Executive Chairman of the Swiss-based family office CC Trust Group AG, as non-executive Director, effective April 3rd, 2024. ARTEX AG was co-founded by H.S.H. Prince Wenceslas von Liechtenstein and Yassir Benjelloun-Touimi in […]
Prince Paul Phillippe of Romania, one of the country's notorious fugitives, was captured in Malta at a resort where he was on vacation. Paul of Romania has been on the run for nearly four years from the country, where he was sentenced to 3 years and 4 months in prison in the case regarding the […]
Hobița, the village of famous Romanian sculptor Constantin Brâncuși, is at the center of a new temporary exhibition at Art Safari in Bucharest, which opens on Wednesday, May 1, and will be on display until May 19. Art Safari also offers a family program during the Labor Day & Orthodox Easter mini-holiday, open daily from 12:00 […]
The first section of the Transapuseana, a road that crosses Romania's Apuseni Mountains, was recently inaugurated. The section consists of 43 kilometers of county road. The road (DJ 107I), initially known as the 'Transalpina of the Apuseni,' was later renamed Transapuseana. It is the largest investment on a county road in Romania, with a total […]
According to a report from Romania’s National Institute of Statistics, during the period 2020-2022, the proportion of Romanian companies that introduced new or improved products or business processes into the market was 8.8%, a decrease of 1.9% compared to 2018-2020. Business innovation refers to the wide range of activities that enterprises...
SD Worx, a leading European HR and payroll solutions provider, said that it completed the acquisition of Romanian Software SRL, the market leader in Romania for payroll and Human Capital Management (HCM) solutions. Romania thus becomes the 18th European country in which SD Worx has its own proprietary payroll & HR software. SD Worx announced […]
