The finance minister Adrian Caciu and prime minister Nicolae Ciuca discussed on Thursday, April 14, with the delegation of the World Bank Group in Romania, led by President David R. Malpass, about the need to develop a bilateral partnership, in the context of the economic and social challenges posed by the crisis in Ukraine. "We are analyzing with great interest the possibility of relocating to Romania some companies from the Russian Federation, Belarus and Ukraine, and we want financial and logistical support from the World Bank. At the same time, we are determined to take all necessary measures for the active involvement of Romanian companies in the reconstruction of Ukraine," Adrian Caciu pointed out, according to Adevarul news paper. The minister of finance praised the quality and importance of the technical assistance provided by the World Bank in implementing the reforms undertaken under the National Recovery and Resilience Plan (PNRR), which offers many opportunities for development and growth through the implementation of reforms and investment projects. The representatives of the World Bank showed their readiness to support Romania in the process of joining the OECD, a vital step for consolidating its economic profile, with positive effects in generating new jobs and diversifying development opportunities.
Representatives of the “Agrippa Ionescu” hospital in Bucharest confirmed on Monday, June 16, that former president Ion Iliescu has lung cancer. Earlier this month, former president Traian Băsescu also underwent a planned heart surgery at a hospital in Paris. Iliescu, who is 95 and was president of Romania from 1989 until 1996 and from 2000 […]
The phenomenon of violence against women perpetrated by their partners is more prevalent in Romania compared to other EU states, according to Eurostat data processed by Monitorul Social, a project of Friedrich-Ebert-Stiftung Romania, or FES. Almost half of the women in Romania (45.5%) have suffered psychological violence from their intimate partner, compared to the EU […]
The European Bank for Reconstruction and Development, or EBRD, is set to invest EUR 40 million in the company behind the region’s Burger King franchise, the Polish holding company Rex Concepts. The money will go toward supporting the chain's expansion by opening new quick-service restaurants in Poland, Romania, and the Czech Republic. Rex Concepts, backed […]
Via Transilvanica, the long-distance trail that crosses the country, has unveiled a kilometer milestone on Șimian Island, an island on the Danube located downstream of Drobeta-Turnu Severin. It is a symbolic extension for the trail, which stretches from Putna, in northern Romania, to Drobeta Turnu Severin, marking seven years since the Via Transilvanica project began […]
In 1905, the first Siemens company was established in our country. Siemens S.R.L. has consistently invested in education and human capital development, providing scholarships worth nearly €1,900,000 to undergraduate, Master's, and PhD students, for over 10 years. The company maintains long-term collaborations with prestigious technical universities in Bucharest, Brașov, Cluj-Napoca, and Iași. In 2025, Siemens […]
The organizers of Bucharest's Neversea Kapital festival, scheduled for July 4–6, announced the names of two more guests that will complete the lineup, namely house sensation John Summit and techno star Paul Kalkbrenner. John Summit is a big name in the house and electronic dance genres. Recognized by Rolling Stone as “The Hottest Name in […]
