The minister of investment and European projects, Marcel Bolos, stated on Friday at Victoria Palace that the ministries had to fulfill 27 milestones in the National Resilience and Recovery Plan (PNRR) until 1st July. He said that the process of validation with the European Commission is starting and during this process supplementary information might be required or completion of documents. The most important objective to achieve is collection of the 10 billion euro, necessary to implement the infrastructure projects, said the minister of investments and European projects. Bolos said that the minister of environment had a milestone, the minister of energy four, the minister of regional development six, the minister of finances, one, the minister of health three, the minister of justice, one, SGG one, the minister of research and digitization, three, the minister of investments one, the minister of work, one and the minister of education three. He said that in Q1, there were 24 milestones and for Q3 there are 24 to fulfill: ‘For Q4 there 55 milestones, as it is the last quarter of the year with the biggest importance’. The minister of investment and European projects wanted to mention that, for 2022, the total of milestones to fulfill is 130.
For the Romanian IT companies, an important sector in the local economy, 2024 meant fewer new contracts, a much longer time needed to attract new business, increased labor costs amid legislative changes, and an unfavorable global context, according to a report filed at the end of last year by the management of the Employers' Association […]
German company Schieffer Industries will build a plastic components factory for the automotive industry on a plot of land at the entrance to the municipality of Hunedoara in Romania. Works on this investment are expected to be completed in the fall of this year so that production can start at the end of 2025, the […]
The Romanian state would consider the option of returning as a majority shareholder of utility group Electrica (BVB: EL) again and is analyzing ways to do this, sources told Economedia.ro. "It's a working scenario," other sources told Economedia.ro. Currently, Electrica is a listed company on the Bucharest...
Local carmaker Dacia has officially launched its Bigster model for orders in Romania on January 9, with prices starting at EUR 23,000 (VAT included) for the Essential version. The price goes up to EUR 29,500, with VAT, for the top version, Journey Hybrid 155. Deliveries to showrooms are expected to begin in spring 2025, with...
The leaders of the ruling coalition made up of the Social Democrats (PSD), Liberals (PNL), the Democratic Alliance of Hungarians (UDMR), and the minorities' group met on Wednesday evening, January 8, to decide on the new dates for the presidential elections. According to the agreed election schedule, the first round will take place on May […]
Events are slowly picking up as the holiday season has ended and the Bucharest offer this weekend includes several concerts and exhibitions. In Bucharest: Budapest Gypsy Symphony Orchestra - 100 Gypsy Violins January 11 Sala Palatului is set to become the “playground” for this ensemble bringing together “virtuosity and an infectious zest for life” to […]
