The European Commission approved on Wednesday Interreg VI A IPA Romania Serbia Program which is thus the first Interreg IPA Program adopted for the 2021-2027 programming period. At the same time, the (Interreg VI-A) IPA Romania-Serbia Program is also the first European funded Program under the 2021-2027 Cohesion Policy, submitted by Romania to the European Commission, for which the role of Managing Authority is fulfilled by the Ministry of Development, Public Works and Administration, the minister announced in an official press release. Thus, upon the adoption of the Program by the European Commission, the Monitoring Committee will launch, in the upcoming period, the consultations on the documents needed for the launch of the first call for project proposals. In the 2021-2027 programming period, the Ministry of Development, Public Works and Administration is acting as Managing Authority for the (Interreg VI-A) IPA Romania-Serbia Program, which will have a total budget of 87.725.681 EUR and will finance projects on environmental protection and adaptation to climate change, healthcare and education, tourism and culture and border management. The funding for these priorities will be 85% from the Instrument for Pre-Accession assistance (IPA III), 13% Romanian state budget co-financing and 2% as own contribution of the Romanian beneficiaries. Serbian beneficiaries will provide 15% co-financing as their own contribution. The Program area includes three counties in Romania (Timi?, Cara?-Severin and Mehedin?i), as well as six districts in Serbia (Severno Banatski, Srednje Banatski, Južno Banatski, Brani?evski, Borski ?i Podunavski). In order to ensure a transparent framework for institutional collaboration, starting with October 2019, the Ministry of Development, Public Works and Administration (MDPWA) organized consultations with key actors in the Program area and posted on the Program website, www.romania-serbia.net all documents related to the programming process, for public consultation.
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
