Mihail Kogalniceanu International Airport Constanta has investments of 17.2 million euros, Bogdan Artagea the general manager of the airport declared for News.ro. The institution has also a feasibility study for a passenger terminal of 647,000 euros included in the investment program, showing whether the construction of a new terminal was opportune or the existing one should be modernized. More money – 1.42 million euros - is foreseen for the modernization of the guard corps and for the extension of the airport check point (120,000 euros). The tender for the feasibility study of the passenger terminal will be over by the end of November and will have to be completed in four months. In the first 10 months of the year, the airport recorded a traffic of 7,639 landings and takeoffs, on the rise by 1,000 compared to the same period of 2020 (6,460 in 2020) and 44.692 passengers, 15.21% more than in the same period of 2020. The airport has now 263 employees.
Premier Energy PLC, one of the fastest-growing energy companies in Romania and the SEE region, will carry out an initial public offering (IPO) on the Bucharest Stock Exchange (BVB) between May 8 and May 15, 2024. Romania's Financial Supervisory Authority (ASF) approved the IPO prospectus on Tuesday, May 7. The company is looking to sell […]
The European Bank for Reconstruction and Development (EBRD) is lending more than EUR 46 million as part of a EUR 93 million financing package to build and operate Urleasca Wind Farm, a 102 MW onshore wind farm in Romania, the institution announced. Urleasca Wind Farm is expected to generate 277 GWh a year of renewable energy […]
Bucharest and Ilfov County together form the region in Romania with the highest motorization rate, with an average of 640 cars per 1,000 inhabitants, a level close to most regions in France, Germany, Austria, and Italy, according to Eurostat data for 2022 cited by Ziarul Financiar. In the central, western, and northwestern regions of the […]
Nicolae Ciucă, the president of the National Liberal Party and head of the Romanian Senate, is increasingly looking like the party’s pick for the presidency. Ciucă, a former general in the Romanian army and an ally of current president Klaus Iohannis, also from PNL, is featured on dozens of billboards across the country. In parallel, a social media […]
The 28th edition of the European Film Festival opens in Bucharest on Europe’s Day, May 9. The event, which takes place in several cities in the country, will end this year’s run in Chișinău on June 8, the weekend of the EU Parliament elections. The program covers 40 feature films, 34 of them national premieres, […]
The multinational military exercise "Swift Response 24,” which will feature the largest airborne operations in Europe since World War II, has recently begun. The exercise will take place until May 24 in Romania, including in the Cincu range in Brașov County, according to Radio Brașov, as reported by Rador. According to the Ministry of National […]
