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.
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
