The budget execution for the first three months of the year shows the challenges of the domestic and foreign economic context, as well as the first results of the measures taken for the restoration of the budgetary balance, sent on Friday the minister of finances, Tanczos Barna.” Investments grow and drop expenses with goods and services” said the minister of his Facebook page.He said that during the first quarter of this year, income registered growth of 6.9% against the same period of last year, VAT collection increased, getting to almost 37 billion lei, investments surpassed 25 billion lei, growing with over 10% against the fist quarter of last year.Similarly, the expenses of the state increased, showing salary and pensions increase offered last year, but there are drops at the level of expenses for goods and services from the state budget and that of local authorities, said Tanczos Barna.”These are trends that must be continued in a more supported rhythms. For this, we need, firstly, political stability, as well as joint effort on the part of state institutions. The reduction of the expenses and observing the limits established through the budget must be a priority for all state institutions, without deviations and compromises” said the minister of finances.
The European Commission has approved a payment of EUR 1.27 billion to Romania as part of the National Recovery and Resilience Plan (PNRR) funding worth some EUR 28 billion in total. The rest of the scheduled payment, totaling EUR 870 million, was suspended. Romania’s European funds minister, Marcel Boloș, announced that three objectives included in […]
The tech startups YellowGrid, WiseWatts and Procesio won CleanTech Corporate Hackathon 2025, the first event dedicated to innovators, startups and scaleups creating AI-based technologies and solutions for sustainable energy in South East Europe. YellowGrid, the team that won first place and the EUR 5,000 prize, is composed of Cătălin Stăncel, Sergiu Mureșan, Andrei Antohie and […]
Romanians' trust in the EU is well above the European average, but they occasionally show different priorities compared to those of most Europeans, according to the most recent Eurobarometer survey. The measurement, conducted in the winter and spring of 2025, shows an overall increase in European citizens’ trust in the EU, especially in the areas […]
Romania has dropped four positions in the global Startup Ecosystem 2025 report by StartupBlink. It is now ranked 48th worldwide, and has lost ground in Eastern Europe, where it dropped from 8th to 9th place, after Ukraine advanced one position and Greece two positions, surpassing Romania globally. However, Romania is now 16th in the global AI top […]
The Nufărul geothermal station in Oradea, developed through a European project worth EUR 25 million, was officially inaugurated on Thursday, May 29. The station is the first of its kind in Romania, and builders had to drill approximately 2,800 meters for water. “All extracted water comes to the geothermal station on Iancu de Hunedoara Street, […]
CTP, a leading developer, owner, and operator of industrial and logistics properties, has extended its collaboration with HelpShip, a major e-fulfillment and logistics provider within the euShipments.com group, increasing HelpShip’s leased space to 20,000 sqm at CTPark Oradea Cargo Terminal. The expanded facility will serve as the company’s main fulfilment center. With HelpShip’s growth from […]
