Prime Minister Nicolae Ciuca and governor of the National Bank of Romania (BNR) Mugur Isarescu discussed this Friday the main economic and financial developments, against the backdrop of the economic recovery, the energy crisis and endeavors for a solid and credible budget for 2022, said the government's spokesman Dan Carbunaru.This is the first meeting of the Prime Minister with the BNR governor, and presidential advisor on economic affairs Cosmin Marinescu was also invited to attend."The meeting took place during the break of today's government meeting and was aimed at strengthening the institutional dialogue, while tackling the main developments and concerns in the Romanian economy and the financial environment in the current context of economic recovery, energy crisis and the need to work out a solid and credible budget for 2022, capable of giving confidence to the investment milieu and support the financial stability Romania needs in the next period," Carbunaru explained.The talks also focused on the need to increase the administrative capacity to absorb European funds, he added."The meeting highlighted the need for an effective institutional dialogue through the convergent involvement of state authorities, and also reviewed the main challenges we currently face, such as the need to increase the administrative capacity to absorb European funds, as regards both the resources available under the National Recovery and Resilience Plan, and those under the operational programs," Carbunaru said.
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
NEPI Rockcastle NV, Europe’s third largest listed retail real estate company by portfolio value, has appointed Romanian Marius Barbu as Chief Operating Officer (COO) with effect from April 1, 2026. He will succeed Marek Noetzel, current COO and CEO-designate. Barbu has also been nominated as a Board Director and will stand for election at the […]
Alexandru Bologa, Paralympic champion and world leader in the J1 –70 kg category, won the gold medal at the 2025 IBSA Judo Grand Prix for the visually impaired, held in Brazil’s São Paulo. This year, Bologa became world champion, European champion, and winner of several IBSA Grand Prix events. Arriving in Brazil as the world […]
