The Ministry of Foreign Affairs (MAE) welcomes the signing, on Tuesday, of an agreement between Transgaz SA and the Three Seas Initiative Investment Fund (3SIIF), on the sidelines of the World Economic Forum in Davos.The agreement lays the foundations for the collaboration between the two parties for the development of natural gas infrastructure and connectivity in Romania, the Ministry of Foreign Affairs said in a press release sent on Tuesday."The Ministry of Foreign Affairs pays special attention to the financing of projects under the Three Seas Initiative (3SI), which contribute to increasing economic convergence and cohesion between EU states in the Baltic Sea, Black Sea and Adriatic regions.The 3SI projects proposed for funding and development are in the transport, energy and digital fields, with a focus on increasing interconnectivity in the region. Among the priority 3SI projects for Romania are Rail2Sea and Via Carpathia, which aim to modernize and develop the railway and road corridors form the north of Europe to the south, as well as between the Port of Gdansk and the Port of Constanta. The agreement, signed on Tuesday, aims to jointly develop natural gas projects for hydrogen, through joint venture companies owned by Transgaz and the Three Seas Initiative Investment Fund. The total value of the projects is estimated at 626 million euros," the cited source states.
The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca. So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]
The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]
Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport. At the same time, six new routes will […]
The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]
A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...
Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]
