Over 207 million euro will be invested in the development of the regions on the two sides of the Bulgaria-Romania border in the 2021-2027 period under the Interreg VI-A programme between the two countries. This transpired in remarks by Deputy Regional Development Minister Delyana Ivanova as she chaired an online meeting of the joint working group for strategic planning for the programme, BTA informs.The meeting approved the final version of the programme before submitting it for approval to the European Commission.Among the key priorities are environmental protection, climate change, improving connectivity by developing the rail networks and navigation on the Danube, tourism and financial support for small and mid-sized businesses.The biggest share of the programme funding, close to 93 million euro, will go towards Green Deal activities.The strategic investment and calls to proposals will seek to attract projects between the two countries for preventing disasters, building green infrastructure and reducing pollution in the settlements on the Danube.Over 70 million euro will be invested in an integrated strategy for supporting the local communities in the border regions to define their own investment priorities in tourism and related sectors. Among the strategic priorities here is completing the Eurovello route in Bulgaria and Romania.Funding will also be available for improving the competitiveness of micro-, small and medium-sized businesses as they deal with the aftermath of the COVID crisis.Deputy Minister Ivanova believes that if work on the programme makes good progress, investment in the region can start before the end of 2022.
ARTEX AG, a Liechtenstein-based company and sole shareholder of ARTEX MTF, a Lichtenstein-based regulated multilateral trading venue, has appointed Claudio Cisullo, Founder and Executive Chairman of the Swiss-based family office CC Trust Group AG, as non-executive Director, effective April 3rd, 2024. ARTEX AG was co-founded by H.S.H. Prince Wenceslas von Liechtenstein and Yassir Benjelloun-Touimi in […]
Prince Paul Phillippe of Romania, one of the country's notorious fugitives, was captured in Malta at a resort where he was on vacation. Paul of Romania has been on the run for nearly four years from the country, where he was sentenced to 3 years and 4 months in prison in the case regarding the […]
Hobița, the village of famous Romanian sculptor Constantin Brâncuși, is at the center of a new temporary exhibition at Art Safari in Bucharest, which opens on Wednesday, May 1, and will be on display until May 19. Art Safari also offers a family program during the Labor Day & Orthodox Easter mini-holiday, open daily from 12:00 […]
The first section of the Transapuseana, a road that crosses Romania's Apuseni Mountains, was recently inaugurated. The section consists of 43 kilometers of county road. The road (DJ 107I), initially known as the 'Transalpina of the Apuseni,' was later renamed Transapuseana. It is the largest investment on a county road in Romania, with a total […]
According to a report from Romania’s National Institute of Statistics, during the period 2020-2022, the proportion of Romanian companies that introduced new or improved products or business processes into the market was 8.8%, a decrease of 1.9% compared to 2018-2020. Business innovation refers to the wide range of activities that enterprises...
SD Worx, a leading European HR and payroll solutions provider, said that it completed the acquisition of Romanian Software SRL, the market leader in Romania for payroll and Human Capital Management (HCM) solutions. Romania thus becomes the 18th European country in which SD Worx has its own proprietary payroll & HR software. SD Worx announced […]
