Net investments in the national economy exceeded 48.513 billion lei in the first half of 2021, up by 10.6%, compared to the same period last year, informs the National Institute of Statistics (INS).In the second quarter of this year, the net investments made in the national economy amounted to 28.352 billion lei, up by 12.2%, compared to the second quarter of 2020.In the first six months of 2021, there were increases in investments in all structural elements: new construction works up by 15.2% (to 28.553 billion lei), equipment (including means of transport) up by 7.3% (to 15.675 billion lei) and other expenses up by 1.3% (to 4.284 billion lei).In the second quarter of 2021 too, compared to the same period last year, the advance was registered for all structural elements: new construction works by 19.8% (to 17.695 billion lei), equipment (including means of transport) by 2.6% (to 8.513 billion lei) and at other expenses by 1.9% (to about 2.234 billion lei).
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
