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.
Inter Computer Romania, part of Inter Computer Group (ICG), one of the largest IBM Platinum partners in Central and Eastern Europe, announces reaching €5 million in signed projects for 2025, an indicator of the accelerating demand for digitalization, data security, and AI-ready infrastructure initiatives. The company continues the development strategy announced at the beginning of […]
IT Genetics, a Romanian technology company specialized in digital automation and operational efficiency solutions for businesses, announced this week its intention to list on the AeRO market of the Bucharest Stock Exchange in Q1 2026. Upon admission to trading, the company’s shares are expected to be listed on the AeRO market under the ticker “ITG”. […]
Romania’s population could reach 14.36 million people in 2080, down from slightly over 19 million in 2025, which would mean a reduction of 4.6 million people, or almost a quarter of the population, according to an analysis carried out by the National Institute of Statistics (INS) in the study ‘Projection of Romania’s active population by […]
Daniel Băluță, the Social Democrats' (PSD) candidate for the general mayor elections in Bucharest scheduled for December 7, and the independent candidate supported by isolationist party AUR, Anca Alexandrescu, lead in the voting intentions of Bucharest residents, separated by only 0.1% percentage points, according to an opinion poll conducted by the AtlasIntel institute for
Grampet–GFR owner Gruia Stoica has signed a joint venture agreement with Chinese rolling stock manufacturer CRRC Shandong to develop a new freight wagon factory in Hungary, industry sources told Club Feroviar. The agreement was concluded last week during Stoica’s visit to China, according to the publication. ...
The Romanian government is examining amendments to the Oil Law that would allow the Trident offshore perimeter in the Black Sea, held 87.5% by Lukoil, to return to state ownership or be taken over by project partner Romgaz, which holds the remaining 12.5%,
