President of the European Commission Ursula von der Leyen will come to Bucharest on September 27, which means that the National Recovery and Resilience Plan (PNRR) is approved for Romania, Prime Minister Florin Citu stated on Friday."Ms. Ursula von der Leyen announced her program and will come to Romania on September 27, which means that the PNRR is approved for Romania, as I said. And the other good news, from the 48 billion euros, of all the programs for resilient development in Europe, 9.7 billion euros are for Transport in Romania. Thus, (...) a significant amount is allocated to Romania for transport and PNRR is actually approved, Ms. Ursula von der Leyen is coming to sign on September 27. As you know, until 25 [September] she is in the United States. Any other rumors that existed on the market ... So, whoever was saying that this PNRR is not going to be approved, it was approved and she is coming on the 27th and it will be very good and we will start to implement this project," said Citu.The prime minister added that, the advance from the PNRR is coming by the end of the year.The head of the Executive participated on Friday evening in the official dinner marking the closing of the events organized in Bucharest on the occasion of the European Year of Rail.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
