The officials of the Ministry of Transport and infrastructure have said, at the request of News.ro, that 17.694 bridges, bridges, tunnels and railway viaducts are in operation on the railway network. Of these, 765 are included in modernization or repair programs with non-reimbursable funds or from the state budget. 744 are modernized/repaired with non-refundable funds and out these 174 are finalized, 341 are in progress and 229 are included in feasibility studies. Only 21 brdiges are modernized/repaired with state budget money. Out of these, two are finalized and 19 are in progress. The officials in the ministry of transport assure that all bridges are safe. According to the ministry of transport, 744 art works on the railway network were included by the National Company for Railway CFR SA in the programme for modernisation of the infrastructure and railway superstructure on the Corridor Rhine – Danube, north part with financing from non-refundable funds and state budget.
The Constitutional Court of Romania (CCR) will rule on December 10 on the objections expressed by the opposition party AUR against the revised law that includes higher taxes and better tax collection procedures, passed by the Parliament on November 18 in an amended form, such as to incorporate the issues already spotted by the CCR […]
The Social Democrat (PSD) candidate for the Bucharest mayor seat, Daniel Baluta, mayor of District 4 and president of PSD Bucharest organisation, leads with 26.6% of the general voting intentions expressed in the latest poll conducted by Inscop for Informat.ro. He is closely followed by the Liberal (PNL) candidate Ciprian Ciucu, currently mayor of District […]
Cris-Tim Family Holding (BVB: CFH) shares will start trading on the Bucharest Stock Exchange on November 26, following one of the most heavily oversubscribed initial public offerings ever conducted on the local market for retail investors, Ziarul Financiar reported. The listing follows a RON...
Banca Transilvania (BVB: TLV) is preparing to launch a new Additional Tier 1 (AT1) bond issue, denominated in euros, with an indicative coupon of 7.625% (semiannual payment), according to Bloomberg information consulted by Economedia.ro. The instrument is a EUR Benchmark Perpetual...
Banca Comercială Română (BCR, part of Erste Bank Group) raised EUR 500 million through its second Eurobond issue, strengthening its access to international capital markets. The issuance follows a local bond sale earlier this month and forms part of the bank’s broader funding strategy. BCR stated that the transaction secured “one of the most competitive […]
Premier Energy Group (BVB: PE), a leading integrated energy provider in Southeastern Europe and a listed company on the Bucharest Stock Exchange, announced the acquisition of a 100% stake in a ready-to-build battery energy storage system - BESS development located near Iași, eastern Romania. The project has a planned power input and output of 200 MW […]
