Trains in Romania must circulate at 160 km/hour until 2030, this being a pan-European obligation, stated on Friday the European commissionaire for Transport, Adina Valean. "The European Union has a very clear plan for transport infrastructure. This is called the European transport network - TEN-T network. This plan contains precise maps for all Member States on road, rail transport infrastructure, for all Member States agreed of course with the respective countries, with obligations and opportunities, in the sense that obligations mean building this infrastructure to certain standards, including innovation, i.e. introducing intelligent transport systems for both rail and road, standards related to the use of this network. Because we are talking about rail, for example, the whole European rail network that is the main network has speed standards, for example, of 160 km per hour. We look at the infrastructure map of Romania in this network and we see which railway lines have to be 160 km/hour. Until when? By 2030, another pan-European obligation. The core network must be completed by 2030", said Adina Valean at the "Innovation in EU Transport Policies" event. According to her, there is another essential secondary or extended network with completion deadline in 2040 and the extended network which covers the rest of the infrastructure with a deadline in 2050.‘Everything is with a standard but they also mean opportunities, as there is financing for each of these offers. The projects have joint governance, as if you want to apply for regional cohesion funds and so on with a certain degree of co-financing, for the European interconnection mechanism funds, when you want to apply for PNRR funds, similarly, the projects are clearly defined. So, practically, we know what we have to do, we know the deadlines, we know the standards – and in the case of Romania we know there is approximately a sum of 12 billion euro European funds with co-financing for various projects from this infrastructure with various deadlines for absorption in this financial period’, said the European commissionaire for transport during her visit to Romania last week.
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
