Bucharest needs to raise its comfort and prosperity level to match that of other European capitals, and on the transport side, an integrated approach of infrastructure, mobility and logistics needs is absolutely necessary, the European Commissioner for Transport, Adina Valean, declared on last Friday."Infrastructure, not only transport, in general, but looking towards matters tied to transportation, an integrated approach, of both infrastructure needs, as well as for mobility and logistics in the Capital City, is absolutely necessary. That is the trend actually. Things that we should start kick off with a strategy, an integrated vision on mobility and logistics in the city, that then unfolds into projects, which together represent, as a puzzle, piece by piece, what mobility and logistics mean for the city. The needs are huge. Of course that everything that means zero-emission transportation, the metropolitan train and tram, are means that the European Union places at the center of transport policies for urban strategies so that, of course, it encourages many projects," Valean said, after meeting with the mayor of Bucharest, Nicusor Dan.She highlighted that all member states, Romania included, are facing a financing opportunity from several possible sources."We glossed over (with mayor Nicusor Dan, ed. n) a few of the challenges in regards to financing those investments, financing, on one hand, but also the cobwebs of an administrative nature that are tied to various legislative acts or regulations that can delay those investments. It is a first visit, a first discussion. I am prepared, along with my colleagues from the European Commission, the Transport Directorate, to support all European cities in their strategy for sustainable development strategy for mobility and logistics, and of course, even more when discussing about Bucharest," the European commissioner pointed out.Adina Valean mentioned that there is a European platform for big cities, where there are also Romanian cities and where is a constant exchange of ideas and projects that support urban sustainable mobility.
Romanian tissue and sanitary paper products producer Elfi announced investments of EUR 10 million in 2025 to expand production capacity. The project involves the construction of a new production hall and the installation of a state-of-the-art production line, which will allow the company to operate three production lines and double its current capacity. In 2024, […]
With the investment fund Accession Capital Partners and the private equity fund Invenio Partners as majority shareholders since the end of 2024, the Romanian coffee chop chain 5 to go targets the Southeastern European market, according to Profit.ro and
Romanian lithium-ion battery manufacturer Prime Batteries Technology, founded and controlled by Romanian entrepreneur Adrian Polec, has entered into a collaboration with Arrow Electronics and NXP Semiconductors to launch a next-generation battery energy storage system - BESS platform, according to
Romania’s headline inflation remained steady at just under 4.9% y/y in April, in line with consensus expectations, as the average prices increased by a mere 0.07% in the month, according to the data published by the statistics office INS on May 13. Core inflation remained at 5.3% y/y as well. The National Bank of Romania […]
Moldovan president Maia Sandu voiced her support on Tuesday evening, May 13, for Nicușor Dan, the independent candidate in Romania’s presidential election, and urged Moldovans with Romanian citizenship to vote on Sunday to protect Romania’s European and democratic progress. In a video shared on social media, Sandu praised Dan’s “decency, resilience, and respect for the […]
Two Romanians were arrested during Sunday night, May 11, after robbing empty houses in the evacuated mountain village of Brienz located in the Swiss canton of Graubünden. The village had been evacuated since November due to rock falls. The locality was, however, monitored by the authorities to prevent break-ins. The would-be thieves apparently tried to […]
