The Government approved, on Wednesday, the technical-economic indicators for a project to modernize and develop Braila Harbor, the total value of investments being 126.8 million RON, VAT included, announced Dan Carbunaru, the Executive's spokesperson.The investments entail harbor infrastructure works on the Danube operation front adjacent to the jetty.According to Carbunaru, the objective of these works is to offer optimum conditions for the naval transport of freight, increasing the operation capacity of Braila Harbor and the quality of services offered."The total value of this investment is 126.8 million RON with VAT included, the financing to be done from non-refundable foreign funds, especially through the 2014-2020 Large Infrastructure Operational Program, but also from the state budget through the budget of the Ministry of Transport and Infrastructure, to which the own financing sources of National Company 'Administration of Maritime Danube Harbors' S.A. Galati are to be added," said Carbunaru in a press conference at the Victoria Governmental Palace.He mentioned that the deadline for the completion of the investment is 19 months.
The New York branch of the famous auction house Christie’s has withdrawn the painting “Saint Sebastian” by El Greco from an ongoing auction. The measure will be in place until the legal proceedings initiated by Romania for its recovery are finalized, according to an announcement made on Monday, June 16, by the Ministry of Finance. […]
Buzău Land UNESCO International Geopark announced the opening of additional destinations that can be visited this summer season, namely the Oil Seeps in Beciu, Odăile Mushrooms, and the Living Fire in Lopătari. The initiative is part of the geopark's strategy to diversify the visitor experience, aiming to reduce pressure on already popular natural attractions and […]
The Romanian retail investors placed RON 537 million in local currency and EUR 223 million (over RON 1.1 billion) in euros under the June 2025 issue of the Government’s bond scheme Fidelis, resulting in a total of approximately RON 1.65 billion, according to data aggregated by Ziarul Financiar. ...
A new draft law in the Romanian Senate seeks to set 16 as the minimum threshold to have a social media account. Access for children below that age will be allowed only with parental consent and a rigorous security filter. The initiative aims to curtail the time that children spend online and the harmful influences […]
Orchid, a Romanian company based in Constanța controlled by the Romanian-Swedish family Muntmark, has secured contracts to install wind turbines with a combined capacity of 276 MW in Romania and Austria, Economica reported on June 16. ...
Romanian eyewear retailer Lensa has announced new shareholders, including international group OH Holding Limited and ATM Ventures, part of the Autonom group, Ziarul Financiar and
