* 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.
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
