General manager of the Oradea International Airport, Razvan Horga, signed on Thursday at the Transport Ministry headquarters the EU funding contract for an almost 213 million RON project to expand the passenger terminal, the Bihor County Council said in a release.Following the implementation of the project, the built area of the terminal will increase more than four times from the current 2,925 sqm to approximately 12,500 sqm.Funding will be provided through the 2014 - 2020 Large Infrastructure Operational Program, under Priority Axis 2 - Development of a quality, sustainable and efficient multimodal transport system.Of the total amount of the project of 212,844,709.50 RON, the eligible amount is 166.511 million RON, of which 163.180 million RON in non-refundable EU money (from the European Regional Development Fund) and the eligible public contribution from the state budget, and 3.33 million RON coming from the budget of the Bihor County Council.The investment is due for completion in 8 months, of which two for the design and 6 for the execution of the works.The terminal will be expanded to accommodate a traffic of 400 passengers per flow, with four main flows provided: Schengen departures/arrivals and non-Schengen departures/arrivals. There are also dedicated secondary flows for VIP departures and arrivals. The handling capacity will be of 800 passengers/hour, both for domestic and international flights.Commercial spaces and offices for the administrative, handling, security staff and for representatives of control authorities - border police, Intelligence Service and customs - will also be built as part of the project.The investment also provides for the expansion of the concrete platforms in front of the terminal to facilitate the access of passengers, staff and airport equipment, the expansion of the access road and of the parking (capacity of 320 places), the purchase of a de-icing machine for freezing weather and other related works.
Roughly 8 out of 10 chief financial officers, or CFOs, from Romania’s largest companies say they now need constantly updated financial forecasts, unlike previous years when the focus was primarily on financial results, budgeting, and accounting, according to Inulta, a company specializing in Corporate and Enterprise Performance Management. The forecasts come to offer a degree […]
Romanian prosecutors have placed a precautionary seizure on the accounts and assets of the mercenary Horațiu Potra, in a case of tax evasion, embezzlement, and money laundering. The measure targets over RON 24 million, nearly 30 kilograms of gold, a property in Bucharest, and 11 properties and apartments in Sibiu. According to investigators cited by […]
The first sales figures from two of the largest European markets, France and Germany, both major markets for the Dacia brand, show that the debut of the carmaker's largest SUV, the Bigster, has been impressive. June data on car registrations in Germany show that the Dacia Bigster managed to sell 1,227 units in its second […]
After a 2024 marked by adaptation and consolidation, Romanian eCommerce entered 2025 with a more restrained dynamic. According to MerchantPro Compass, the biannual analysis conducted by MerchantPro, a SaaS eCommerce platform supporting over 2,000 active online stores—the first half of this year confirms a paradigm shift: it’s no longer about how much you sell, but […]
The TIFF Unlimited Caravan is hitting the road for the 16th consecutive year, bringing a diverse selection of Romanian and international films to audiences across the country. From July to September 2025, the traveling film series will stop in ten towns and cities, offering outdoor and indoor screenings of comedies, love stories, and family-friendly films. […]
Home sales decreased by 3.4% in Romania in the first six months of 2025 when compared to the result registered in the same period last year. Sales were down 7.9% in Bucharest and Ilfov in the same period, according to a market analysis issued by real estate consultant SVN Romania and based on official statistics […]
