President Klaus Iohannis announced on Monday that he has decided to nominate Dacian Ciolos as a candidate for the position of prime minister."Political parties have come up with different approaches, with different proposals, as these parties' representatives have also presented to the public opinion. From all these proposals, I have retained one that I will put into practice, namely I have decided to appoint Mr. Dacian Ciolos as candidate for the position of prime minister," said Iohannis, in a statement held at the Cotroceni Presidential Palace.He stressed that in talks with parliamentary parties and formations, he reiterated the importance of managing the pandemic situation and the rising energy prices, the National Recovery and Resilience Plan (PNRR) and winter preparations, "regardless of who governs.""In all the talks we have reiterated the importance of issues that need to be resolved regardless of who governs. It is extremely important to manage the pandemic well. It is very important to manage rising energy prices and to take measures so that the other prices do not increase at an unbearable level for the population. It is very important to benefit from the large amounts that Romania can have through PNNR and not to give up on this opportunity. I also reiterated the importance of the preparations for the winter period and I emphasized that these are the really important issues for Romanians and not the political quarrels between different actors," Iohannis said.The head of state had consultations with parliamentary parties and formations on Monday in order to nominate the candidate for the position of prime minister.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
