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.
TeraPlast Group recorded a 34% increase in revenue in 2024, reaching RON 897.9 million, compared to RON 672.3 million in 2023. This growth is generated by an increase in sold volumes, the launch of operations at the Opal stretch film factory, and the consolidation of results from companies acquired in 2024. EBITDA remained at a […]
The construction of the Cluj-Napoca subway began on Tuesday, February 25, with the consolidation work on the hill located in the area of station 2 in the Florești suburb. Once completed, the subway in Cluj-Napoca will be Romania's second, after the one in Bucharest. It will be 21 km long and include 19 stations. The current […]
Electric services group Hidroelectrica, the largest company on the Bucharest Stock Exchange (BVB), reported a net profit of RON 4.1 billion in 2024, down 35%, and revenues of RON 9.1 billion, 25% lower than in 2023, according to financial data published on Wednesday, February 26. Hidroelectrica said its results were influenced by the decline in […]
Medisprof Cancer Center has received approval for the Zonal Urban Plan (PUZ) for its new integrated oncology hospital in Cluj-Napoca, marking another step in the project estimated at a total of EUR 22 million. The approval paves the way for the construction phase, which is expected to begin in 2026 and take 24 months to […]
Romania’s High Court of Cassation and Justice has definitively rejected far-right politician Călin Georgescu's appeal, through which he requested the suspension of the declassified documents that served as the basis for the annulment of the presidential elections in December 2024. The lawsuit was filed at the Bucharest Court of Appeal by the Association for the […]
Update: Prime minister Marcel Ciolacu had his first reaction after Călin Georgescu was brought in for questioning at the Prosecutor's Office. He said that, given the tense electoral context, judicial bodies are obligated to present solid and impeccable evidence in the investigation that also involves a potential candidate in the May elections. He also reiterated […]
