Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Public-private partnership with World Bank for construction of...

Public-private partnership with World Bank for construction of new municipal hospital in Timisoara

April 23, 2024

Timisoara mayor Dominic Fritz signed on Thursday a public-private partnership (PPP) with the World Bank's International Finance Corporation (IFC) for the construction of the new Timisoara Municipal Hospital in the northern part of the city, which will bring together all the hospital's departments, currently operating in 14 locations.Dominic Fritz pointed out that this is the only chance to have a new, modern municipal hospital in the next 10 years, as many of the current locations are in old buildings that will no longer be accredited."We will be looking, together with the IFC, for a private company to take on the construction and equipping of the hospital. The first tranche of money for the municipality will have to be transferred the day we get the key. We get rid of all this risk we have seen in the past: delays, cost increases, extra bids for the remaining works (...). We will have companies doing these kinds of projects all over the world," said mayor Dominic Fritz.The pre-feasibility study is expected to be completed in the coming months, something that will determine the number of beds in the new health facility and the estimated cost of building it.According to current estimates there will be between 300 and 500 beds, and costs will rise to EUR 120 million."We are very cautious with these figures, we will know them after the pre-feasibility study," said the mayor.The manager of Timisoara Municipal Hospital, Dr Daniel Malita, said that the institution's medical activity is currently being carried out in 14 locations, with patients having to travel to several locations every day for investigations.The Municipal Hospital presently has 1,018 beds, of which 66 are for one-day hospitalisation.According to the mayor, the collaboration of the city hall with IFC started two years ago, when the local elected representatives voted a resolution on the opportunity to initiate the necessary steps to achieve the new investment objective Timisoara Municipal Emergency Hospital, in the context of collaboration with IFC.  

Read in full - click here
Romanian restaurant chain Spartan nears EUR 50 mln turnover in 2023, plans local and international expansion

Romanian restaurant chain Spartan, which local entrepreneur Stefan Mandachi sold last year to the brand’s main franchised investors, said it recorded a turnover of EUR 48 million in 2023 and announced plans for local and international expansion. The quick-service restaurant network has reached 75 locations and sold Greek-inspired products to over 7 million customers last […]

Romanian Remote Butler app to include people with disabilities among waiters

Remote Butler, an app developed by an IT company from Cluj-Napoca, Romania, that allows registered waiters to practice their profession regardless of their location, will also include people with disabilities. Moreover, it will also use sign language to make it more pleasant for people with speech impairments to access the services of the restaurants they […]

Techsylvania 2024: Your gateway to innovation, inspiration, and networking excellence

Techsylvania, the premier tech conference renowned for its ability to unite visionaries in the world of technology, is gearing up for its highly anticipated event in 2024. With a focus on fostering collaboration, sparking innovation, and providing unparalleled networking opportunities, Techsylvania 2024 promises to be an event like no other. Among the most exciting aspects […]

Behind the Scenes of the International School of Bucharest’s Student’s Led TEDx

‘Small actions influence significant and unforeseen consequences’ This is the root of the Butterfly Effect and the theme behind the inaugural edition of TEDx ISB. We are thrilled to share the resounding success of this event’s first edition, held on the 6th of April 2024. TEDx events are...

UAE-based airline flydubai opens new office in Bucharest’s Eminescu Offices

flydubai decided to open a new office in Bucharest, in the Eminescu Offices building, according to Cushman & Wakefield Echinox, the real estate consultancy company that brokered the lease. Founded in 2008, flydubai is a low-cost airline based in the United Arab Emirates (UAE).  Elena Iaru, Consultant Office Agency, Cushman & Wakefield Echinox, said: “We […]

Alstom completes new maintenance depot for electric trains in Bucharest

Alstom announced on April 23 that it completed a new maintenance facility in Bucharest for electric rolling stock. According to the company, Alstom Grivita Depot is Romania’s first established depot dedicated to the maintenance and testing of electric trains and locomotives. The first EMU from...