The World Bank is interested in financing a series of road projects in Romania, especially in setting up electric and hydrogen charging stations for road transport of goods, according to the general director of the National Company Administering Road Infrastructure (CNAIR) , Cristian Pistol. “During talks held in Washington we decided to organize a bilateral meeting in Bucharest to carry out the first actions needed for collaboration. Policies and strategies to reduce carbon imprint in the process of building infrastructure represent an important objective for the World Bank,” Pistol wrote on his Facebook page on Tuesday. According to the source, less polluting equipment, ecological materials or the use of materials which can be recycled are just a few of the suggestions of World Bank representatives. For users of transport infrastructure, the World Bank is interested in financing setting up electric and hydrogen charging stations for road transport of goods in particular. Road safety represents another point of interest for the World Bank, next to programs for improving road infrastructure in Romania. “The rehabilitation of road bridges or the construction of new bridges are in the area of financing granted to Romania by this financial institution. World Bank representatives assured they would back the implementation of projects for road infrastructure through a public-private partnership. The World Bank team present at talks will be headed by Mr Shomik Raj Mehndiratta, Practice Manager Transport ECA- Europe”, said the head of CNAIR.
The 32nd edition of the Sibiu International Theatre Festival (FITS) begins on Friday, June 20, bringing over 5,000 artists from 82 countries to the city. The events will take place over ten days and will transform the city into an "open-air stage, with large-scale productions, impressive installations, parades, fire shows, live music, aerial dances, and […]
Meta Estate Trust (MET), a holding company operating in the real estate sector, has invested approximately EUR 2 million in a new retail park currently under development in Ciolpani, a commune located on the Bucharest–Ploiești corridor (DN1), it said. The project is scheduled to be completed and handed over to tenants this year, with an […]
Romania benefits from a series of favorable factors that facilitate the growth and expansion of data center capacity and could emerge as a developing market, according to an analysis conducted by the real estate consultancy company Cushman & Wakefield Echinox. A diversified energy mix, with over 50% of energy production coming from renewable sources, along […]
The German company DEHN, a manufacturer of electrical engineering solutions for critical infrastructure, including lightning and surge protection, as well as safety equipment, will open a production site in Piteşti, southern Romania. The facility, the company's first in the country, will expand its capacities to serve customers in Europe. It fits seamlessly into the company's […]
Cluj-based real estate developer Urbano Group announced plans for a new retail park in a project valued at EUR 100 million. The company says it will be the largest retail park in Transylvania. Until now, the developer has obtained the necessary building permits to begin work on Phase 1 of the park, which was named […]
SIGNAL IDUNA ASIGURARE REASIGURARE announces that final approval has been received from the Financial Supervisory Authority (ASF) for the acquisition of the majority stake in Garanta Asigurări, owned by The Ethniki, Hellenic General Insurance Company, the leading composite insurer in Greece. This transaction marks a key milestone for SIGNAL IDUNA, as the company continues its […]
