The government approved at its Thursday's meeting, at the proposal of the Ministry of Public Works, Development and Administration (MDLPA), the negotiation and signing by Romania of the financing programs for transnational investments between Romania and Ukraine, the Republic of Moldova, and Black Sea countries, respectively.Between 2021 - 2027, the three programs will fund cooperation projects in areas such as emergencies, education, health, innovation, research, environmental protection, climate change, risk prevention, culture, tourism, safety, security and good governance, the Ministry said in a release.The Romania - Ukraine program has 54,050,004 euros assigned for investments in the border counties of Satu Mare, Maramures, Suceava, Botosani, Tulcea and the Zakarpattia, Chernivtsi, Odessa and Ivano-Frankivsk oblasts.The Romania - Republic of Moldova program has a budget of 77,298,439 euros, with the eligible area including the counties of Botosani, Iasi, Vaslui, Galati and the entire Moldovan territory, MDLPA said.The total budget of the 2021 - 2027 Interreg VI-B NEXT Black Sea Basin Program is 72,275,137 euros, the eligible area including Armenia, Bulgaria, Georgia, Greece, the Republic of Moldova, Romania (SE region), Turkey and Ukraine.Between 2021 - 2027, Romania participates in the three programs as Managing Authority, Joint Secretariat and Audit Authority, the cited source said.In order to ensure a transparent framework for institutional cooperation, the Ministry of Development, Public Works and Administration organized debates and posted all the documents related to the programming process on the websites www.blacksea-cbc.net, www.ro-md.net and www.ro-ua.net, for public consultation.The programs will be next submitted to the European Commission for approval.
The Romanian Ministry of Energy announced that the volume of natural gas exported from the Neptun Deep perimeter to Germany, under a contract previously reported by media, will represent less than 1% of the total estimated production of the Black Sea field, which has estimated reserves of over 100 billion cubic meters of natural gas, […]
For the Romanian IT companies, an important sector in the local economy, 2024 meant fewer new contracts, a much longer time needed to attract new business, increased labor costs amid legislative changes, and an unfavorable global context, according to a report filed at the end of last year by the management of the Employers' Association […]
German company Schieffer Industries will build a plastic components factory for the automotive industry on a plot of land at the entrance to the municipality of Hunedoara in Romania. Works on this investment are expected to be completed in the fall of this year so that production can start at the end of 2025, the […]
The Romanian state would consider the option of returning as a majority shareholder of utility group Electrica (BVB: EL) again and is analyzing ways to do this, sources told Economedia.ro. "It's a working scenario," other sources told Economedia.ro. Currently, Electrica is a listed company on the Bucharest...
Local carmaker Dacia has officially launched its Bigster model for orders in Romania on January 9, with prices starting at EUR 23,000 (VAT included) for the Essential version. The price goes up to EUR 29,500, with VAT, for the top version, Journey Hybrid 155. Deliveries to showrooms are expected to begin in spring 2025, with...
The leaders of the ruling coalition made up of the Social Democrats (PSD), Liberals (PNL), the Democratic Alliance of Hungarians (UDMR), and the minorities' group met on Wednesday evening, January 8, to decide on the new dates for the presidential elections. According to the agreed election schedule, the first round will take place on May […]
