Negotiations with the European Commission on the revision of the National Recovery and Resilience Plan (PNRR) have been concluded, with additional funding of EUR 1.4 billion included in the REPowerEU chapter, which will be an integral part of the PNRR, Minister of European Investment and Projects Adrian Caciu said on Thursday."Negotiations on the revision of the National Recovery and Resilience Plan have been concluded. Then, Romania's new National Recovery and Resilience Plan is with the European Commission. Why do I say new plan? Because this revised plan includes additional funding of EUR 1.4 billion on the REPowerEU chapter, which will be an integral part of Romania's National Recovery and Resilience Plan. We estimate that this inter-service debate within the Commission will be concluded somewhere around 21-22 November and the approval in ECOFIN (Economic and Financial Affairs Council, editor's note) will take place in early December," Adrian Caciu said at the end of the Government meeting.He explained that National Recovery and Resilience Plans are approved by the Council of Finance Ministers."On 8 or 9 December there will be this ECOFIN. The new National Recovery and Resilience Plan of Romania will no longer include that percentage of 9.4% of GDP for the public pension system," added the Minister of Investment and European Projects.
Otilia Bordei, Roxana Ilie and Louis Juhel, a team of three seasoned experts with over 30 years of combined experience in the real estate market, are launching TREEE, a consulting company specialized in identifying and brokering office spaces. TREEE is dedicated to supporting companies in finding sustainable office solutions, thereby contributing to achieving environmental, social […]
A total of 26,033,372 passengers transited Romanian airports last year, a 6% increase compared to 2023, according to data from the Romanian Airports Association (AAR). The number of passengers traveling to international destinations increased by 7% compared to the previous year, while the number of passengers on domestic flights decreased...
Romania saw the largest percentage decrease in new fully electric cars registered in 2024, a nearly 33% drop, according to data from the European Automobile Manufacturers Association. Fully electric cars represented 10.1% of new cars sold in Romania in 2023. Last year, the figure dropped to 6.5%. Across Europe, 1.44 million new fully electric cars […]
The European Court of Human Rights (ECHR) decided on Tuesday, January 21, not to issue an interim measure in the case in which Călin Georgescu appealed the Romanian Constitutional Court’s decision to annul the 2024 presidential elections. The former candidate had requested that interim measures be given, indicating, in particular, that the top...
The Nădlac Salami, a traditional product from Arad county in western Romania, made using a recipe passed down through generations, has entered the registration process for a European quality system. The Nădlac Salami, traditionally part of the summer diet, is still made following ancestral tradition, according to Romania’s Ministry of Agriculture. The institution announced the […]
Vastint Romania, part of the VASTINT Group, an international company with over 30 years of experience in real estate, has signed a new lease agreement for an area of approximately 1,200 m² GLA with Softeh Plus, one of the most important developers of medical software systems in Romania. Softeh Plus will move its headquarters in […]
