Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romania planning EUR 13.8 bln worth of calls...

Romania planning EUR 13.8 bln worth of calls for projects, largest such amount in 14 years

May 26, 2022

Minister of European Investments and Projects Marcel Bolos will clarify this week in Brussels several aspects related to the more than 13.8 billion euro worth of calls for projects that will be launched in the next period, the largest such amount in the last 14 years, according to the cited official."The mission of our delegation to Brussels is to clarify the steps we are taking during this period as regards the milestones in the second quarter of 2022. It is a more complicated quarter in terms of the milestones we have to check, because out of 69 calls for projects throughout 2022, 58 are due in the second quarter. This means that the European Commission must check them and the applicant's guide, as per the NRRP, has to go through our and the EC's approval filter," Bolos explained at the end of Monday's government meeting.According to the Minister, some of these calls also involve state aid schemes, which is why the applicant's guidelines will be sent to the European Commission for approval."For us not to get stalled in this project call launch, we prefer to have a discussion with the EC to let them know that in the next period, most probably in May and June, we will send the applicant's guidelines to the Commission for approval, as we are also seeking to correlate with them, because this is about 13.8 billion euros we are putting up for grabs in this application procedure - the largest allocation for project calls we've had in 14 years since we manage European funds," Marcel Bolos underscored.Prime Minister Nicolae Ciuca announced today that Marcel Bolos will travel to Brussels this week for talks on the National Recovery and Resilience Plan, stating also that the NRRP Interministerial Coordinating Committee had a meeting on Monday to analyze the stage of the implementation of the pledged milestones and targets."This was a great opportunity to identify both our achievements and what we have to do next. A delegation led by Minister Bolos will go to Brussels this week to clarify all elements enabling us, as we have pledged, to start the 58 out of 69 calls in our portfolio by the end of June. The mechanisms and procedures are in place for us to be able to access these funds, which, as I said, are a great opportunity for us to continue to grow as our citizens expect us to," Ciuca declared at the beginning of the government meeting. 

Read in full - click here
Romanian Social Democrats elect new leadership, only one candidate running for party leader

Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]

Black Friday sales processed by PayU Romania top EUR 100 mln by early afternoon

The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]

Romanian smartphone retailer Contakt to launch IPO on Bucharest Exchange

Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]

Romania draws fewer foreign tourists than in the communist era, Travel Agencies Association warns

Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...

InterCapital launches two new ETFs on the Bucharest Stock Exchange

InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]

Romania, Bulgaria and Republic of Moldova approve Maspex’s takeover of Purcari Wineries

The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries.  The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]