Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. EC's Valean: Feasibility study for Giurgiu-Ruse 2 bridge...

EC's Valean: Feasibility study for Giurgiu-Ruse 2 bridge approved by Commission

March 20, 2024

  The feasibility study for a new Giurgiu-Ruse bridge, submitted by Romania on the military mobility funds, has been approved, said European Commissioner Adina Valean, in Brussels, expressing her hope that the Romanian authorities will move quickly and apply for the effective financing of the works, and the final project will also have a railway section."The project for a feasibility study came relatively late, it was submitted by Romania on the military mobility funds. It was approved, but (the approval) is currently only for the feasibility study. I hope that things move as quickly as possible, to be able to apply for the actual financing of the works. At the moment it is submitted only as a road bridge, with an option for railway. I hope it will also be a bridge with railway, because it is on this North-South Corridor, which must be served by a modern crossing over the Danube," the European Transport Commissioner said on Tuesday.She claims that, according to the latest European infrastructure maps adopted recently, Giurgiu-Ruse 2 should be a road and railway bridge."Besides, the Commission has invested hundreds of millions in the restoration of the Bucharest-Giurgiu railway. It is absolutely natural for this corridor to continue to the south, especially in the context of the new connectivity possibilities coming to the Aegean Sea from Greece, Bulgaria, so on the Corridor North-South, on which Romania is now. A new corridor that we have brought to Romania, the North-South Corridor - from the Baltic Sea, to the Aegean Sea, connecting to the Black Sea. So it is very important that this bridge be up to standards and the Commission is perfectly willing to invest in it," Adina Valean added.The EU transport commissioner appreciates that Romania and Bulgaria have respected their obligation, which she claims she personally imposed, to submit a joint project on the Fast Danube 2 programme by the end of January."(...) Romania managed to propose this project, to submit it together with Bulgaria. I hope that it will be selected, so that it will already benefit from financing in this multiannual financial scheme. (...) I had this ambition to see this project submitted by Romania and Bulgaria by the end of my mandate, and it was, so to speak, the last call for projects until the end of January," the EU commissioner said.She specified that the project was submitted with the support of the task force which is financed by the European Commission and which helps Romania and Bulgaria to write projects as competitive as possible "and which identified practical ways to overcome some obstacles, let's say, regarding data collected from previous projects".  

Read in full - click here
Romanians to also face economic difficulties next year but 2027 more hopeful, president says

Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]

Romania’s Digital Payments Growth is Outpacing Merchant Infrastructure

Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly

Being daring, learning, and supporting others: Women executives share leadership perspectives at Bucharest event

The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]

Three-fifths of the Romanian elderly face loneliness, study shows

More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania.  The study, carried out in August 2025 on a representative sample […]

Property investor M Core inaugurates new office in Bucharest through Square 7

Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]

Hagag Europe Development enters Romanian energy sector via acquisition, plans major investment

Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]