The Ministry of European Investments and Projects (MIPE) announced on Thursday, that in October it sent documents for the return of European funds of 928 million euros, as part of 2014-2020 operational programs. According to a press release of the ministry, issued on Thursday, the highest amounts requested for return were for the Regional Operational Program -342.5 million euros, Bif Infratsructure Operationa; Program – about 371 million euros and Human Capital Operational Program – about 138 million euros. Other programs for which returns were requested are: Operational Program for Aid of Disadvantaged People – 28.1 million euros. Competitiveness Operational Program (24.4 million euros), Administrative Capacity Operational Program (13 million euros) and Technical Assistance Operational Program (11.4 million euros). Documents were sent to the Finance Ministry, to be sent to the European Commission after certification, the source pointed out. The amounts requested for return represent eligible expenses made from European funds within financed projects. MIPE mentioned that in September 2023 it sent documents for the return of 900 million euros.At present, the amounts requested for return by the European Commission amunted to 20.2 billion euros, representing an absorbtion of 82.4% of allocated funds. After processing the documents recently sent by MIPE, the value requested for return will amount to 21.16 billion euros, with an absorbtion rate of 86%.
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
A young Romanian has developed a new system that allows people to return entire bags of recyclable packaging at once, replacing the traditional method of inserting bottles one by one into reverse-vending machines. The concept, called IZI, was created by Ștefan Parascanu, who returned to Romania after studying and working in the United Kingdom. The […]
JTI, the global owner of both Winston and Camel, announced on Thursday, November 27, a plan to build a new, state-of-the-art factory in Ștefăneștii de Jos, Ilfov County. Designed to replace the current Bucharest production site, which is operating under space constraints, the facility is scheduled for completion in 2027. Ground works at the new […]
The City Hall of Oradea, in northwest Romania, has begun installing new smart parking meters as part of its ongoing modernization and digitalization of the municipal parking system. The first batch of devices has already been placed in central areas, and the entire system is expected to become operational by the end of the year. […]
