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.
Photon Energy and Hyperion Renewables have signed an engineering, procurement, and construction (EPC) contract for a 34 MW solar power plant in Săliște, Romania, with plans to expand the facility to 38 MW. Construction is set to begin in the third quarter of 2025, with commercial operations expected a year later. The project, developed by […]
The presidential elections in Romania on May 18 may mark the most important political change since the fall of communism in 1989, with two scenarios radically different: a thorough radical political reform of mainstream parties, complicated by tight economic constraints, and the rise of radical political entities that increasingly resemble the hard-right movement of the […]
Romanian leading tour operator Paralela45 announced the merger with Rainbow Tours Polonia, one of the largest players in Poland, and is counting on increasing its market share in the coming years, according to Economica.net. Paralela45 signed a preliminary agreement on the merger with Rainbow Tours of Poland on May 15. ...
Romania’s average net wage increased by 9.8% y/y to RON 5,457 (EUR 1,097) in the first quarter of 2025, according to data published by the statistics office INS. In real terms, the annual growth rate was 4.8% – significant in absolute terms but the weakest in seven quarters. The net wage in Romania leaped up […]
The European Commission could trigger the formal procedure of temporarily suspending European funds for Romania, including money from the Resilience Facility, in June, according to sources consulted by G4media.ro. The...
Hollywood actor Sebastian Stan and swimming champion David Popovici, two of Romania’s most prominent international figures, have called on Romanians to vote in Sunday’s presidential runoff, where independent candidate and Bucharest mayor Nicușor Dan faces George Simion, the leader of the far-right party AUR. Sebastian Stan, who won a Golden Globe for...
