Digitization Minister Bogdan Ivan announces that the European Commission has approved the release of €1.7 billion for strategic research and innovation projects. ‘After two years of negotiations, the European Commission approved the release of 1.7 billion euro for strategic projects in research and innovation! This happened because MCID did what they had to do, and the EC considered as complete the favouring condition ‘good governance of the national or regional strategy for intelligent specialisation’ under our coordination’ the minister said on Facebook. He thanked the colleagues in the ministry who took part in the negotiations, especially to the state secretary, Andrei Alexandru and the team from the ministry of investments and European Projects."Their hard work is providing reimbursements from European funds for 10 programs under the Cohesion Policy. The investments will cover all regions of the country. With all this funding, we are building an innovation ecosystem in Romania and supporting entrepreneurs in the field, the Romanian geniuses who develop cutting-edge technologies and add value to the economy and industry", the minister said.
A memorandum establishing a new stock exchange in the Republic of Moldova was signed on September 15 in Chișinău, with the Bucharest Stock Exchange (BVB) set to play a key role as shareholder and technology partner, according to Bursa.ro. The new Moldovan exchange will run...
The “service pensions”, also known as special pensions, paid to civilians (military not included in the report), cost the state budget and the state social insurance budget a total of RON 2.2 billion in 2024, over 22% more than in 2023,
The Czech company Tesla has officially announced to the government and local authorities that it is abandoning the project to build the energy storage factory in Brăila, an investment of EUR 90 million that was also to receive state aid, according to
Romanian households' purchasing power has deteriorated in July, both as a result of slower nominal advance (+5.2% y/y, the weakest in four years) but also because of a sharp rise in inflation (7.68% y/y) following the VAT rate hike, according to data published by the statistics office INS. The average net wage dropped by 3.0% […]
Romania’s industry showed signs of recovery with the combined May-July output rising 4.0% y/y and the past year’s performance showing an upward trend (+2.9% per year). But the recent improvement data is mixed, and the past year’s trend looks extremely fragile, according to data published by the statistics office INS. The findings are consistent with […]
The Romanian city of Alba Iulia has entered the Guinness World Records after building the world’s longest table made from recycled materials, stretching more than 2.7 kilometers around the historic Alba Carolina Citadel. Organized by Bloom The World and its partners, the event, named Masa Care Unește/The Table That Unites, drew over 10,000 guests from […]
