The government approved the memorandum under which Romania will be able to continue providing technical and financial assistance to the Republic of Moldova in several areas, to support its European path, said Government spokesperson Dan Carbunaru."The memorandum approving the negotiation and signing of the agreement between the Government of Romania and the Government of the Republic of Moldova on the implementation of the technical and financial assistance program based on a non-reimbursable financial aid of 100 million euros granted by Romania to the Republic of Moldova has been endorsed. Practically, the Government has given its go-ahead for the negotiations and the signing of a new agreement under which Romania will continue to provide technical and financial assistance to the Republic of Moldova to support its European path, given that the old agreement allowing Romania to finance important projects in the Republic of Moldova was no longer in force as of March 28 last year," Dan Carbunaru told a news conference at Victoria Palace on Wednesday."Through the old agreement, Romania technically and financially supported projects such as the rehabilitation and modernization of 1,000 kindergartens, schools in the Republic of Moldova or the development of the Iasi-Chisinau Gas Pipeline, a strategic energy interconnection project between Romania and the Republic of Moldova. Further, the agreement will include provisions for the development of cooperation in the energy sector, transport infrastructure, environmental protection, combating climate change, public works and infrastructure, SMEs, media independence, public administration reform, Home Affairs, Health, Education, Culture and Heritage, Research and Tourism," Carbunaru also specified.
La French Tech Bucharest announces the third edition of its highly anticipated flagship event, Sustainability meets Profitability, set to take place on April 8th, 2025, at the Romanian - American University (1B Expoziției Boulevard, Bucharest), starting at 18:30. Sustainability meets Profitability event will explore the new regulations companies—big or small—must navigate and how they can turn […]
The builders of Romania’s important A1 Sibiu – Pitești highway are set to start the construction of a bridge over 300 meters long and at least 100 meters wide, allowing the animals of the Southern Carpathians to cross from one side to the other. The investment will pay off as a corridor for large mammals […]
The local business services industry has potential for growth, even if it will see a slower pace because the market is a mature one and given the high regional and global competitiveness, according to a report carried out by the Association of Business Service Leaders in Romania (ABSL) in partnership with Deloitte Romania. Still, the […]
Several Romanian military personnel who were on parental leave went to Congo as mercenaries, according to a statement from the Ministry of National Defense. The issue of active soldiers taking mercenary work first came up on the public agenda after PressOne...
The European Investment Bank and the government of Ukraine have agreed to allocate EUR 50 million from EIB funding to Ukraine's national railway company, Ukrzaliznytsia, for the modernization of key railway border crossings with Poland, Slovakia, Hungary, and Romania. The project includes repairs to worn-out railway tracks, the relocation of wagon inspections, the reconstruction of […]
Medicover has acquired the operations of the lab tests provider Synlab Group in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia in a transaction worth EUR 71.3 million, the company announced. The transaction was financed from Medicover's own sources. It was carried out by Medicover for its diagnostic services division, present in Romania under the […]
