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.
The shares of four other companies listed on the Bucharest Stock Exchange (BVB) will be included in the MSCI Frontier, MSCI Romania, MSCI Frontier IMI and MSCI Romania IMI. Romania will thus have 30 listed companies part of the MSCI indices as of June 1, 2024. The shares of telecom group Digi Communications (DIGI)...
DP World announced on May 15 the opening of three new sites in Romania, following total investments of over EUR 130 million. The company said the projects aim to provide “a significant boost to the country’s growing status as a key hub of European trade.” Thus, Constanta, the largest container port on the Black Sea, […]
Measuring the confidence of Romanian managers and entrepreneurs in the local economy for over 4 years, the results of the 10th edition of the CONFIDEX study highlight the optimism, resilience, and adaptability of the Romanian business environment. According to the CONFIDEX study from the first semester of this year, the proportion of managers who declare […]
Alternative investment fund BT Property said on May 15 that it acquired Funshop Park Turda, Cluj county, from the Polish group Scallier. The transaction marks the fund's entry into the retail market, where it aims to expand. Funshop Park Turda retail park has over 9,000 sqm of leasable area and BREEAM-certified buildings, according to international standards. BT Asset […]
Attractive Romania/România Atractivă was launched this week with the aim of offering local and foreign tourists a new tool to explore the country. The multimedia platform includes 12 thematic routes in 35 counties, listing 275 landmarks to discover. The program, with a value of over RON 36.3 million, is part of the National Recovery and Resilience […]
It’s a packed agenda this week, with film festivals, art and jewelry fairs, events for foodies, the start of the light and music show at Bucharest’s Unirii fountains, and an anniversary but slimmed-down edition of the Night of Museums. The public in Iași can attend the events of the Romanian Creative Week, while theater fans […]
