Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Over 1 billion euros invested in Romania by...

Over 1 billion euros invested in Romania by EBRD over past 30 years 

May 20, 2024

Romania has used funds from the European Bank for Reconstruction and Development (EBRD) of more than one billion euros for investments over the last 30 years, and the amount could reach up to 7 billion euros, Victoria Zinchuk, EBRD director for Romania, said on Thursday at the 7th edition of the Critical Infrastructure Protection Forum (CIP Forum), as part of the Digital Innovation Summit Bucharest (DISB) 2024.The EBRD has so far provided the largest amount of funding to waste and wastewater projects in Romania, without which many of you ,who are probably not necessarily from Bucharest, would not be able to access these services. We also provide funding for urban transport solutions. We are looking at opportunities to really make sure that we provide a better life for those people living in Romania and other countries where the EBRD operates, said Zinchuk.She also gave some examples of projects implemented in Romania that have benefited from EBRD funding, mentioning that improving infrastructure can also lead to better demographics in Romanian society.Discussions and exchange of ideas on topics related to innovation and cyber security will continue on Thursday at the Digital Innovation Summit Bucharest (DISB) 2024, an event organized by the National Institute for Research and Development in Informatics ICI Bucharest under the High Patronage of the Chamber of Deputies speaker.

Read in full - click here
BCR Romania Manufacturing PMI®: Romanian manufacturing sector falls deeper into contraction territory in March

Faster declines in orders and output fail to dampen future outlook Reduced demand for inputs sees inflationary pressures cool... ...and supplier performance improve for the first time on record The Romanian manufacturing downturn deepened in March, as firms signalled a deterioration across all elements of the headline PMI. New orders and output decreased at faster […]

Endava: AI set to drive 44% growth in digital services revenue by 2029

Digital services revenue is estimated to rise by 44%, expanding from 34% to nearly half (49%) of companies revenue by 2029, according to a report compiled from IDC surveys across Europe, Asia-Pacific region (APAC), and the Middle East demanded by Endava (NYSE ‘DAVA’), a leading technology services company combining world-class engineering, industry expertise, and a […]

Romanian Air Force “Carpathian Vipers” detachment to perform air police missions in Lithuania

On Monday, March 31, a detachment of the Romanian Air Force called "Carpathian Vipers" began executing an enhanced air policing mission in Lithuania. The mission will last four months, between April and July 2025. The "Carpathian Vipers" detachment, consisting of approximately 100 military personnel and four F-16 Fighting Falcon aircraft, will carry out missions alongside […]

Andrew and Tristan Tate depart Romania again, head for Dubai

On Tuesday, April 1, controversial brothers and influencers Andrew and Tristan Tate left for Dubai after meeting with DIICOT prosecutors.  Before they departed, the brothers mentioned that they would return to Romania within the legal period of two months, in accordance with the obligations of judicial control. "On April 1, 2025, Andrew Tate and Tristan […]

Wizz Air inaugurates base at Bucharest’s Băneasa Airport

Wizz Air has officially opened its base at Bucharest Băneasa Airport, the capital’s secondary one, which will be served by an Airbus A321neo aircraft. An additional aircraft will also operate from Bucharest’s Henri Coandă Airport (Otopeni) from August 1, bringing the total number of aircraft based in Bucharest to 21 this summer, the carrier said. […]

Bucharest City Hall to hold blood donation event

A blood donation event will take place on Friday, April 4, at the Bucharest City Hall. Participation will be allowed only after phone confirmation from the organizers. Blood donation at the event is not remunerated, but each donor has the right to receive the results of the tests performed. They also receive meal vouchers worth […]