The dynamics of public investments was much higher this year, in the conditions in which, in the budget execution account, Romania recorded, at the end of August, 67 billion RON of investments made from both European and national funds, he announced on Tuesday the minister of Finance, Marcel Bolos, during the "RoInvest - 5th Edition" conference, organized in Bucharest on Tuesday."We had a much higher dynamic in 2024, for the pace of public investments, and in the budget execution account, at the end of August, we recorded 67 billion RON, investments made from both European and national funds. For which means the evolution until the end of the year and, of course, the implementation of this ambitious public investment budget, the figures show us that we will easily exceed 110 billion RON. There are projects that, whether we are talking about the highway infrastructure or the the railway or the other investments that are made in the field of education, but also in the field of health, are the backbone of Romania's development," said Marcel Bolos.According to him, the public investment budgets for the years 2025, 2006, 2027 "are extremely ambitious"."Over 150 billion RON will be allocated from the state budget in the form of co-financing, as well as expenses that represent Romania's contribution to the cohesion policy, to the National Recovery and Resilience Plan, and to the Anghel Saligny National Program. perspective, as a percentage of GDP, in the coming years we will reach up to 8% allocation of these budgets. The good part is that, if until yesterday we did not have budget execution on investments - and the budget corrections from the previous years were done through money cuts from investments, because the money was not used - now this is no longer in question. Our last budget rectification, the one from yesterday, assumed an increase of 20 billion RON for investments financed from European funds," the minister added.
The first self-service mobile phone repair shop in Romania opened in the city of Iasi, aimed at promoting sustainability and the right of users to maintain their own devices in safe and efficient conditions. The initiative aims to promote the right to repair, following European Directive 2024/1799, to support the tech community and DIY repair […]
Ukrainian refugees living in Cluj County, central Romania, have restored a playground in the suburb of Florești as a sign of gratitude for the support offered by Romanians after the start of the war in Ukraine. According to representatives of the Association of Ukrainian Youth in Romania (or ATUR), this project was entirely funded and […]
The Brașov Jazz & Blues Festival returns for its 13th edition from August 14 to 17, transforming the city into a multi-stage celebration of jazz, blues, gospel, and live improvisation. This year's edition will take place in seven locations across Brașov and nearby areas, featuring live music, film screenings, jam sessions, and family-friendly activities. The […]
Affinity Life Care, the largest private network of residential centers for the elderly in Romania, announced the attraction of a growth equity investment from BlackPeak Capital, a private equity fund active in Southeastern Europe. At the moment, Affinity operates three centers in the most important areas of the Romanian capital, with a capacity of over […]
Tensions have emerged within Romania's ruling coalition following disagreements over the state funerals of former president Ion Iliescu. The Social Democratic Party (PSD) announced on Wednesday, August 6, that it would suspend participation in coalition meetings, citing what it described as "public incitement to hatred" from the Save Romania Union (USR). The dispute centers on […]
When you’re craving something out of the ordinary, Boromir’s collection of Slowly Leavened Croissants with Natural Sourdough is here to transform your snacking experience. We’ve turned your search for a unique, memorable flavor into a delightful range of croissants where every bite is a surprise. With their irresistible combination of textures and flavors, Boromir Croissants […]
