President of the European Commission Ursula von der Leyen is coming to Bucharest today as part of her NextGenerationEU series of visits.She is scheduled to meet President Klaus Iohannis and Prime Minister Florin Citu.At 16:00hrs, von der Leyen will be welcomed at the Cotroceni Presidential Palace by Iohannis, and at 16:50hrs she will meet Prime Minister Florin Citu at the Government House.Subsequently, the three officials will tour the Bucharest University Emergency Hospital, which qualifies for funds under the NextGenerationEU programme, and will hold a joint news conference.The main purpose of von der Leyen's visit is to deliver an assessment of Romania's National Recovery and Resilience Plan (PNRR)."To Romania, the National Recovery and Resilience Plan is not only the document based on which we will be able to get 29.2 billion euros, but also the guarantee that investments and reforms will be the coordinates of the coming years. Romania is naturally adhering to the goals that characterise developed economies: modernisation of transport and medical infrastructure, green economy, digital transformation. I appreciate the collaboration with our European partners for the completion of PNRR. The government is ready to draw the funds that Romania will benefit from and determined to implement the reform programmes," PM Citu said on Friday.PNRR is divided into 15 components covering six pillars: green transition; digital transformation; smart, sustainable and inclusive growth; social and territorial cohesion; health, economic, social and institutional resilience; next-generation policies.
ARTEX AG, a Liechtenstein-based company and sole shareholder of ARTEX MTF, a Lichtenstein-based regulated multilateral trading venue, has appointed Claudio Cisullo, Founder and Executive Chairman of the Swiss-based family office CC Trust Group AG, as non-executive Director, effective April 3rd, 2024. ARTEX AG was co-founded by H.S.H. Prince Wenceslas von Liechtenstein and Yassir Benjelloun-Touimi in […]
Prince Paul Phillippe of Romania, one of the country's notorious fugitives, was captured in Malta at a resort where he was on vacation. Paul of Romania has been on the run for nearly four years from the country, where he was sentenced to 3 years and 4 months in prison in the case regarding the […]
Hobița, the village of famous Romanian sculptor Constantin Brâncuși, is at the center of a new temporary exhibition at Art Safari in Bucharest, which opens on Wednesday, May 1, and will be on display until May 19. Art Safari also offers a family program during the Labor Day & Orthodox Easter mini-holiday, open daily from 12:00 […]
The first section of the Transapuseana, a road that crosses Romania's Apuseni Mountains, was recently inaugurated. The section consists of 43 kilometers of county road. The road (DJ 107I), initially known as the 'Transalpina of the Apuseni,' was later renamed Transapuseana. It is the largest investment on a county road in Romania, with a total […]
According to a report from Romania’s National Institute of Statistics, during the period 2020-2022, the proportion of Romanian companies that introduced new or improved products or business processes into the market was 8.8%, a decrease of 1.9% compared to 2018-2020. Business innovation refers to the wide range of activities that enterprises...
SD Worx, a leading European HR and payroll solutions provider, said that it completed the acquisition of Romanian Software SRL, the market leader in Romania for payroll and Human Capital Management (HCM) solutions. Romania thus becomes the 18th European country in which SD Worx has its own proprietary payroll & HR software. SD Worx announced […]
