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%.
Bozankaya, the rolling stock manufacturer, delivered 18th May, the first tram in yellow colour to the municipality of Timisoara from the batch of 17 signed at the beginning of the year. The value of the project amounts to approximately 33 million euros, around 1.9 million euros per tram. All trams will be delivered to Timisoara […]
Nicolae Ciucă, a former prime minister of Romania and the president of the National Liberal Party (PNL), is set to release a book in June. Titled Un ostaş în slujba ţării/A soldier in the country's service, the volume will be published by RAO, and the proceeds will be donated to charitable initiatives, according to the announcement […]
SelfDezign, a local design and architecture firm, received the BIG SEE Interior Design Award 2024 for the best office design, a competition that awards the best architectural projects in Southeast Europe. The SelfDezign team, consisting of architect Irina Stoica, architect Daria Mihailov-Chiriac, intern architect Maria Mota, and brand strategist Toni Bunaiașu, won the award for […]
Instant Factoring, the fintech for online micro-financing of companies in Romania, is expanding to the Spanish market. After "a 2023 with record growth in both Serbia and Romania," the company said it decided to take another step and offer alternative financing solutions to entrepreneurs in Spain. "Spain comes as a natural step in the development […]
As the digital currency market continues to grow, more and more investors are focusing on digital currency mining. However, traditional digital currency mining methods often require investors to buy expensive equipment and pay high electricity bills, which is impractical for most investors. BluestoneMining new energy cloud mining provides a more convenient, low-cost one-click digital currency […]
German car manufacturer Porsche announced it will build a second center in Romania, specifically in Cluj. The architectural project for the new space has been approved, and the construction is in the authorization stage at the moment. The company also owns an authorized service center...
