Romania receives 260 million euros from the European Commission for three infrastructure projects, according to a statement by MEP Adina Valean, former European Commissioner for Transport. A first project that received funding is Fast Danube 2, which will improve the navigability conditions on the common Danube sector of Romania and Bulgaria. The project was submitted by the Autonomous Directorate of the Lower Danube River Administration Galati, and the exact amount of funding is 195,499,818 euros. “The Danube was a priority in my mandate as transport commissioner and I am glad that a project that has been in the works for many years, Fast Danube 2, has finally been successfully submitted and financed by the European Commission with almost 200 million euros. Completion of this project would ensure a minimum period of 340 days per year of navigability. Improving navigability on the Danube is more necessary than ever, taking into account the new geopolitical realities in Eastern Europe”, said Adina Valean, quoted in the press release. According to a second project, the sum of 45 million euros was granted for the rehabilitation of the Valea Calugareasca – Buzau railway. “Another project financed in this last call for projects from the funds of the Mechanism for the Interconnection of Europe is the rehabilitation of the railway Valea Calugareasca – Buzau. The amount granted is 45 million euros,” Valean said. The third project is the one through which Romania, together with the Republic of Moldova and Ukraine, receives almost 14 million euros for the improvement of the infrastructure at the Galati, Giurgiulesti, Reni customs. The European Commission selected 134 transport projects in this call for projects, from 408 applications, most of them being railway and navigable waterways projects.
Cluj-based deep-tech startup .lumen, known for its AI-powered glasses for the visually impaired, has joined the EUR 7.8 million program VR Health Champions as a flagship SME. Through the VR Health Champions project, .lumen will co-develop its second-generation product, a smaller, more refined version designed for global markets, the company said. The collaboration will enable […]
DAAS Epta Romania, part of the Epta Group, has opened a new training center in Ploiești dedicated to refrigeration technicians, following an investment of more than EUR 500,000. The facility, located at the company’s headquarters, is the first of its kind established by a private company in Romania’s refrigeration industry, the company said. The DAAS […]
Greenvolt Next, part of the Greenvolt Group, said that it completed a new photovoltaic power plant integrated with a high-performance energy storage system for Abund Berry, a company in the wild berry processing industry, in Buftea, Ilfov county. The PV system, with an installed peak capacity of 512 kWp, is equipped with an advanced battery […]
Five Romanians, four men and one woman, have been sentenced to prison for raping and sexually abusing ten women, whom they drugged and sexually exploited in the city of Dundee, Scotland. The five Romanian citizens received sentences ranging between eight and twenty years in prison. The group, led by 38-year-old Marian Cumpănășoiu, drugged and abused […]
The Romanian government has amended its fiscal austerity rules to ease restrictions on spending by local authorities, Digi24 reported. The decision modifies Emergency Ordinance (OUG) 52/2025, which had previously frozen most local...
The Romanian software and IT services industry continued its growth trajectory in 2024, exceeding the EUR 17.7 billion turnover threshold, a nominal increase of over 13% y/y or EUR 2.1 billion compared to the previous year, according to data presented by Diana Şipoş, executive director of the Employers' Association of the Software and Services Industry […]
