The Government has approved three decisions on Wednesday in regards to granting emergency humanitarian aid to the Republic of Moldova, Ukraine, but also Ukrainian refugees in Romania, informed the Executive spokesman, Dan Carbunaru."For the Republic of Moldova, Romania will grant emergency humanitarian aid, for free, in order to ensure the functionality of the energy system. In this sense, through a Government decision, it was approved to remove 130,000 liters of diesel from the State Reserve, 113,000 liters of gasoline and another 5 million liters of fuel oil, with a value of approximately 19 million RON. This is a help which will consolidate, will increase Moldova's energy security and it is Romania's solid answer to the request addressed through the means of the Embassy of the Republic of Moldova in Romania," Carbunaru declared during a press conference at Victoria Palace.According to him, food items will be sent to Ukraine, as well as blankets, mattresses, pillows, beds, fuel from state reserve, with a value of approximately 10 million RON, without VAT, in order to support the population that was strongly affected by the Russian military aggression.For refugees that are in Romania following the war in Ukraine, the Government has approved to remove certain products from the state reserve and grant them as emergency humanitarian aid, for free, to the Prefecture Institution from the counties of Botosani, Suceava, Vaslui."Those are three of the most tried counties from the perspective of managing the humanitarian situation. (...) In this case we are also speaking of beds, blankets, mattresses, pillows, sleeping bags and also modular elements, light constructions, which will allow local authorities to set up spaces that can host the Ukrainian refugees," Carbunaru specified.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
