The officials of the Ministry of Transport and infrastructure have said, at the request of News.ro, that 17.694 bridges, bridges, tunnels and railway viaducts are in operation on the railway network. Of these, 765 are included in modernization or repair programs with non-reimbursable funds or from the state budget. 744 are modernized/repaired with non-refundable funds and out these 174 are finalized, 341 are in progress and 229 are included in feasibility studies. Only 21 brdiges are modernized/repaired with state budget money. Out of these, two are finalized and 19 are in progress. The officials in the ministry of transport assure that all bridges are safe. According to the ministry of transport, 744 art works on the railway network were included by the National Company for Railway CFR SA in the programme for modernisation of the infrastructure and railway superstructure on the Corridor Rhine – Danube, north part with financing from non-refundable funds and state budget.
An expected decision on prolonging the price capping mechanism for staple food, which expires at the end of September, may generate more tensions within Romania's four-party coalition. The Social Democrats (PSD) expressed firm views over the weekend, after the government's spokesperson, Ioana Dogioiu, on September 13 claimed that the non-prolongation decision was approved by all […]
Romania's Foreign Ministry summoned the Russian ambassador for the second time in only a couple of days, after a Russian drone entered the national territory in the evening of September 13. In a mission described by Romanian defence minister Ionut Mosteanu as "most likely a provocation," the Russian drone followed a circular trajectory for 50 […]
Rosavis Prod, a business founded in 2007 by the Vica and Constantin Mihăilă family in northeastern Romania at Roşieşti, Vaslui County, which raises 2 million chickens annually, is investing EUR 10.8 million in a feed factory, Ziarul Financiar reported. Out of this, EUR 6.5 million will come...
Telecommunications operator Digi Communications (stock symbol DIGI) has hired investment bank Rothschild to evaluate a possible listing on the Madrid stock exchange of its Spanish business, the publication Expansión wrote on September 12, citing anonymous market sources, according to Ziarul Financiar. ...
Romania’s current account (CA) deficit in rolling 12 months has narrowed for the second consecutive month to EUR 32.12 billion in July, according to the data published by the National Bank of Romania (BNR). The 12-month rolling CA gap has thus narrowed by EUR 0.5 billion from June, after it previously contracted by EUR 1.4 […]
Romania's minister of finance, Alexandru Nazare, has been on a working visit to Washington, DC, from September 11 to 13 to strengthen economic and financial dialogue with American partners and attract new investors in key sectors for Romania, such as energy, infrastructure, and technology, the Ministry of Finance announced. The agenda of the visit included […]
