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Rail Reform Authority to be set up, tasked with coordinating rail network restructuring

August 7, 2015

The policy on the strategic planning of the measures required to string together the rail routes into an efficiently-manageable network will be ensured by the Rail Reform Authority (ARF), a new public institution reporting to the Ministry of Transport, and which will be funded in the beginning from a 25 ml lei temporary loan from […]

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Untold festival brings Post Malone, Becky Hill, Rag’n’Bone Man & more to Cluj-Napoca this summer

American superstar Post Malone will come to Romania for the first time this summer to perform at the anniversary edition of Untold festival in Cluj-Napoca. This year's lineup also includes Becky Hill, Rag’n’bone Man, Martin Garrix, Armin Van Buuren, Fisher, Tiesto, Steve Angello, Hugel, Alok, Don Diablo, Black Coffee, Marco Carola, Dom Dolla, and Adriatique, […]

Sibiu county invests EUR 2.1 mln to boost tourism in Cindrel, Lotru and Făgăraș Mountains

Romania’s Sibiu County Council said it is investing RON 10.4 million (some EUR 2.1 million) in tourism development across the Cindrel, Lotru, and Făgăraș Mountains. The project has been approved for funding through the Center Region Program 2021-2027. The project includes the rehabilitation, modernization, and equipping of the Salvamont Base at Bâlea Lake, the construction […]

Weekend calendar: West Meets East, Beatles Symphonic concerts, Transylvania Mountain Festival retrospective, exhibitions

The public in Bucharest has several options for concerts and exhibitions, while those in Timișoara can attend a retrospective of mountaineering films and more. In Bucharest: Brâncuși Month Until February 28 The event brings to the fore the creations of 110 contemporary Romanian sculptors, whose sculptures and drawings will be exhibited in at Palatele Brâncovenești […]

Giggle launches in Romania, offering flexible work solutions

Giggle, a digital platform designed to streamline temporary employment, has officially launched in Romania, aiming to revolutionise the way companies and workers collaborate on short-term tasks. The platform provides businesses with on-demand staffing solutions, reducing recruitment time and employee costs while offering day laborers greater work opportunities and income diversification, enhancing their financial independence, the […]

Romania's former Liberal leader and PM Nicolae Ciucă steps down from MP seat

The former prime minister and president of the National Liberal Party (PNL) until his recent defeat in the presidential elections, Nicolae Ciucă, announced his resignation from the Romanian Senate on February 5. Selected by president Klaus Iohannis in April 2022 to replace Florin Citu as the leader of the Liberal Party despite his sparse political […]

Motesar Holdings takes over Romanian tissue paper maker MG Tec Industry in EUR 28 mln deal

Motesar Holdings, owned by companies from Luxembourg and Cyprus, acquired a stake of over 93% in the Romanian tissue paper maker MG Tec Industry by a RON 141 million (EUR 28 million) capital increase, according to