The president of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, is visiting Romania on March 20-21, where she will meet with a number of government officials and business representatives.According to a press release of the international financial institution, the visit of the EBRD President comes at a time when the institution is preparing new five-year strategies for Romania and Bulgaria, which will go into public consultation at the end of this year.EBRD investments in Bulgaria doubled last year, reaching 272 million euros, while in Romania they increased from 658 million euros to 707 million euros, the financial institution firmly supporting the transition to a green economy in both countries.In Romania, Odile Renaud-Basso will meet with prime minister Marcel Ciolacu, finance minister Tanczos Barna, energy minister Sebastian Burduja, as well as business representatives, diplomats and civil society representatives. Odile Renaud-Basso will be accompanied by the EBRD director for Romania, Victoria Zinchuk."The EBRD is a key partner and a major institutional investor in both Bulgaria and Romania. This visit underlines the EBRD's commitment to supporting economic development," said Odile Renaud-Basso, quoted in the press release.The EBRD is a major institutional investor in Romania, was the organization has invested over 11.6 billion euros in 560 projects. A significant share of its financing supports private sector development, sustainability and innovation.
More than 680 houses in Suceava country and 170 houses in Neamţ county were impacted in the flash floods that hit northeastern Romania at the end of last week. Forty-one houses were completely destroyed, Raed Arafat, the head of the Department for Emergency Situations (DSU), announced on Friday, August 1. Three people were killed in […]
Romanian justice minister Radu Marinescu said on Thursday, July 31, that harsher penalties are being considered for violence against women and domestic violence, including the criminalization of femicide. The minister said that Romania currently has legislation that is fairly adequate, in line with European standards, for combating violence, including domestic violence. He also said that […]
Via Transilvanica, the long-distance trail that crosses the country, will apply to be the first accredited long-distance route in Romania after the government issued the methodological norms regulating the hiking trails of national interest. Tășuleasa Social, the non-profit that developed the trail, called the recently issued norms "a huge step that transforms a bold idea into...
Former prime minister and Social Democratic leader Marcel Ciolacu stated that he does not rule out a candidacy for the presidency of the Buzău County Council, after rumors to that end. PSD Buzău president Romeo Lungu had previously told journalists that discussions are underway for the former prime minister to run for the Buzău County […]
The Balneo-Physiotherapy Clinic in the Călimănești resort town, southern Romania, will undergo rehabilitation with a EUR 10 million financing from the European Union, according to representatives of the Vâlcea County Council. The project implementation period will be 24 months from the completion of the tender for the execution of the works, which include, in addition […]
Bringo, the first personal shopper-based rapid grocery delivery service in Romania, handling over 4,000 daily orders in more than 35 cities, launches a loyalty program that turns shopping into a continuous reward experience. "Beyond functional benefits like discounts, free delivery, or double refunds for SGR packaging collected right at your doorstep, Bringo YOU offers a […]
