Prime Minister Ilie Bolojan declared on Friday that all tender procedures financed from the state budget will be suspended for the next six months to prioritize projects, and those with European funds will be accelerated."An important aspect related to the prioritization of investments in general, not only on European funds, but on all projects, including those from the national budget, is related to the evaluation and prioritization of investments. This will be done in the coming months and in order to ensure the financing of investments, we agreed today on a six-month moratorium, until the end of the year, in which we will suspend the launch of new tender procedures or the interruption of those that have been started, but have not submitted bids and have not already been awarded in terms of winners, so that we can prioritize our projects during this period, to ensure the financing of those that we can afford, that we can complete in a reasonable time and that have an impact in their communities", Ilie Bolojan told a press conference at the Victoria Palace, at the end of the Government meeting.He specified that this suspension is only for projects that are financed by the Government and are not related to European funds."For all projects won from European funds, the measure is the opposite, that is, they must be expedited, the calls must be finalized, the works, the procedures must be accelerated, so that we can expedite these investments in order to be able to make, as I said, the absorption", said the Prime Minister. (Photo:https://gov.ro/)
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
