The National Road Infrastructure Management Company (CNAIR) sent on Friday to the National Agency for Public Procurement (ANAP), for validation, the documentation for the contract necessary to develop the feasibility study on the basis of which the second bridge will be built that will ensure the link between Giurgiu and Ruse, Bulgaria, announced general manager Cristian Pistol, on his Facebook page.The maximum duration allocated to the development of the feasibility study is 23 months from the moment the contract begins."The designer will have to find the optimal solution for this new cross-border bridge to ensure the connection between both the road and railway infrastructure between the two countries. After it is built, this new Danube bridge (the third between Romania and Bulgaria) will ensure both countries a greater potential for economic development, both at the regional and European level, on the north-south axis," said the head of the CNAIR.The contract is financed by the Connecting Europe Facility (CEF 2)."After the validation of the award documentation, we will publish the notice of participation in the auction, within which we will also set the deadline for the submission of offers," added Pistol.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
