The Siret border customs office, the largest communication point with Ukraine, has received funds worth more than 10 million euros for rehabilitation within the Large Infrastructure Operational Programme, co-financed by the European Union, informs the Romanian Customs Authority.President of the Romanian Customs Authority Ion Cupa participated on Saturday, 16 December 2023, together with the project implementation team, in the event marked by the completion of the project "Modernisation of the Siret border customs office, in order to facilitate traffic flow at the transnational crossing point on the northern border of Romania - DN2 (E85), Suceava county.""This project is in line with the strategic objectives of Romania's General Transport Master Plan and contributes to achieving the objectives set out in the Europe 2020 strategy for sustainable growth. And the most important aspect is that, through the interventions carried out at this customs office, waiting times are expected to decrease by at least 25%," stressed the president of the Romanian Customs Authority.According to Romania's General Transport Master Plan, the Siret border crossing point is among the 10 most important border crossing points in Romania, being a key strategic point of Romania's border and consequently of the European Union.
American cryptocurrency-based prediction market Polymarket, a platform where investors can place bets on various future events, predicts that the candidate of the PSD-PNL-UDMR ruling coalition in Romania, Crin Antonescu, is likely to win the presidential elections with his odds at 36%. As regards the first round, Polymarket predicts far-right candidate George Simion (AUR) would dominate […]
Some 51% of the Romanians say they are in favor of progressive taxation of salaries and accession to the euro. Meanwhile, 44% agree with reunification with the Republic of Moldova, according to a recent survey conducted by AtlasIntel for Hotnews.ro. According to the poll, only 4% of Romanians agree with Romania's exit...
BICO Industries, a construction materials producer controlled by the ROCA Industry holding with 60%, has signed a contract with the Environmental Funds Administration (AFM) to finance the construction of a factory for the production of non-woven fiberglass material by recycling fiberglass waste resulting both from its current activity (production of fiberglass mesh for reinforcing thermal […]
Biopharma Plasma of Ukraine is reportedly preparing the construction of a factory in western Romania at Oradea, where it would produce medicines by processing plasma, according to Economedia.ro and
Hungarian railway company Train Europe has acquired a 76% stake in Romanian rolling stock manufacturer Petroutilaj-3DRD from French firm Chemins de Fer Départementaux (CFD), Ziarul Financiar reported in April, citing a transaction finalised in January 2025. The acquisition marks a strategic expansion...
In a comment to the Eurostat releasing Romania's public deficit under the ESA methodology at 9.3% of GDP, the Ministry of Finance affirmed its commitment to stick with the 7%-of-GDP deficit target for this year and with the 7-year fiscal consolidation plan agreed with the European Commission under the Excessive deficit procedure. "Romania reaffirms its […]
