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.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
