Finance minister Alexandru Nazare, on August 25, handed over, at the ministry's headquarters, two financing agreements worth a total of RON 170 million (EUR 34 million) to the car parts producer DRM Draxlmaier Romania Sisteme Electrice and automobile producer Dacia. The grants were extended under the state aid scheme provided for by Government Decision (HG) 300/2024, to stimulate regional development through significant investments.
The investment projects will have a considerable...
Over 1.7 million Bucharest residents are exposed to a noise level that exceeds legal limits during a normal day, according to a draft project of the Bucharest General Council, cited by Digi24. Local authorities aim to reduce the noise level in the city, starting from a report from the...
PPC Renewables Romania has installed the first two turbines at what will become the largest wind farm in the country’s Moldova region, located in Vaslui county, the company announced. The Deleni wind farm will feature 23 turbines with a total installed capacity of 140 megawatts. Equipped with GE Vernova turbines of 6.1 MW each - […]
Three Romanian artists, Maia Ștefana Oprea, Alina Tofan, and Cătălin Rulea, have created new site-specific works inspired by the natural and cultural heritage of the Țara Hațegului UNESCO Global Geopark, to be showcased in Bucharest as part of the exhibition The Big Green: Soil. The show, running August 27 to September 14 at the “Dimitrie […]
Real estate developer Nusco has sold one-third of the villas in its new residential project, Nusco Green Homes, a premium sustainable housing compound north of Bucharest. Located in the town of Tunari, the EUR 30 million development includes 61 villas, of which 21 have already been sold, the company said. Marketed as the first fully […]
Romanian startup rentnbuy.com, a proptech platform connecting tenants and landlords, has officially launched on the local market after securing a EUR 550,000 pre-seed investment at a valuation of more than EUR 5 million. The company said it plans rapid expansion across Central and Eastern Europe, Ziarul Financiar reported. The platform, which...
Romania is set to transfer to Ukraine the 23rd military aid package since the start of the war, according to Ukrainian defense minister Denys Shmyhal. Romania “has already provided Ukraine with 22 military aid packages, and soon our soldiers will receive the 23rd,” the minister said in a Facebook post, without giving details about what […]
