* Today, 18 May, the Commission decided to make EUR 248 million available to Romania and 4 other Member States that were most affected at the beginning of the war and host a large number of refugees. Today, 18 May, the Commission decided to make EUR 248 million available to 5 Member States most affected at the beginning of the war and hosting large numbers of refugees to support their reception and border management systems. The decision follows the global fundraising event on 9 April entitled ‘Support Ukraine’, where the Commission committed to support up to EUR 400 million of refugees arriving from Ukraine to the most affected Member States. Poland, Romania, Hungary, Slovakia and the Czech Republic will receive this emergency assistance from home affairs funds. Member States can use these funds to provide immediate assistance, e.g. food, transport and temporary accommodation, to people fleeing the unprovoked invasion of Ukraine by Russia and to increase their capacity to manage the EU’s external borders. Civil society organisations and local and regional authorities also play a key role in providing assistance and therefore Member States will have to ensure that they also have access to this urgent funding. In order to ensure that payments are made quickly, without considerable administrative burden, the Commission will release the funds on the basis of the results achieved rather than the actual costs. To further support initial reception needs as they evolve, the Commission will make available the remaining EUR 152 million once the budgetary authority has agreed.
Prime minister Ilie Bolojan said the government’s fiscal consolidation measures are beginning to show results, citing a 12.5% rise in state budget revenues and a drop in personnel spending in the third quarter, among other indicators. He pointed to the improving figures and stronger market confidence as signs that Romania is “on the right path.” […]
One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated to improving […]
The investment includes the modernization of the production unit in Crevedia and the launch of PIUA, Maidan’s first premium spreadable product range, responding to the growing demand in the ready-to-eat market. Maidan, a company active in corporate and private event catering, industrial catering and the development of its own gastronomic products, announces a total investment […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated […]
Unanimously adopted, the Nordis Law marks a decisive moment for Romania’s residential market. It introduces a set of rules designed to protect buyers, hold developers accountable, and reduce speculative risks, with a strong focus on transparency and stability. Under the new legislation, the reservation fee cannot exceed 5% of the property value, reservation contracts cannot […]
Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]
