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.
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 […]
