On Tuesday, the National Committee for Emergency Situations (CNSU) approved the repatriation of CNSU approves repatriation of Romanian citizens stranded in Kingdom of MoroccoRomanian citizens currently stranded in the Kingdom of Morocco.According to Decision 109, the repatriation will be conducted by also activating the EU Civil Protection Mechanism, as a result of the suspension of all direct flights to this destination.In order to implement these provisions, the Ministry of Foreign Affairs, the Ministry of Internal Affairs, through the Department for Emergency Situations, and the Ministry of Transport and Infrastructure, through the Romanian National Air Transport Company TAROM, are empowered to undertake the measures within their competence.At the same time, the costs will be ensured from the state budget, from the Budget Reserve Fund at the disposal of the Government, through the budgets of the ministries involved and through the EU Civil Protection Mechanism, CNSU states.On Tuesday, the Ministry of Foreign Affairs informed that, in the context of the decision of the Moroccan authorities to suspend commercial flights to Morocco, due to the novel coronavirus variant, the Romanian Embassy in Rabat is managing the situation of 72 Romanian tourists whose flights were canceled by the companies where they had reservations. The MAE informs in a press release that the Romanian Embassy in Rabat has taken steps, as a matter of urgency, to identify alternative flights to the country, efforts that continue . Prime Minister Nicolae Ciuca said on Tuesday that it has been decided to wait two days to complete the repatriation formalities for the Romanian citizens stranded in Morocco and also to check if there were other Romanians in the area.His statement was made in the context in which, according to the Ministry of Foreign Affairs, 72 Romanian tourists are stranded in Morocco after the suspension of flights due to the novel coronavirus variant.The Prime Minister emphasized that each state takes decisions according to the evolution of the pandemic situation, and the Romanian authorities have activated all the mechanisms to keep under attention everything that is happening.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
