Manfred Weber, the leader of the EPP group in the European Parliament commented on the new PNL-PSD political alliance saying that Romania needed government stability and expressed his confidence that PNL, the new party president Florin Citu and president Klaus Iohannis are involved in Romania's reform. In Romania we need stability, considering the Covid 19 situation and the economic impact of PNRR. That is why it is all right if the parliament can agree to a government which cam implement things and take Romania forward. As for political considerations, we have full confidence in our colleagues, they have the mandate and stability is a very good result, said Manfred Weber about the alliance between PSD and PNL. Asked whether he had asked leaders in Romania not to overstep certain “red lines”, Weber answered that he had full confidence in his colleagues in Romania, in PN, in the new party president and in the president of the country that they are engaged in reforming Romania, taking it to a European direction. (Photo:https://www.eppgroup.eu/)
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 […]
