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.
Brand Management, a Romanian company with over two decades of expertise in offline advertising, announces the official launch of Generatik. This revolutionary digital platform fundamentally transforms how promotional campaigns are carried out in physical spaces. For the first time in Romania, an offline campaign can be planned in 20 minutes instead of 20 days. The […]
A week after the outbreak of violence against Romanian immigrants in Northern Ireland and the homes where they live, Minister Emil Hurezeanu said that these are "outrageous." He spoke about the subject after being asked by journalists at the end of a government meeting, according to
Romania’s major automotive associations have voiced concern after the Government suspended its flagship 2025 scrappage grant scheme, citing fiscal constraints. The Association of Motorcycle Importers and Distributors in Romania (AIDMM) and the Association of Automobile Manufacturers and Importers of Romania (APIA) have criticized the move, calling it a political decision that threatens both industry stability […]
The fourth Coradia Stream electric train has arrived at the Alstom Grivița depot from the batch of 37 ordered by the Railway Reform Authority, the rolling stock manufacturer announced on June 19. According to Alstom, the new train will undergo 2,000-kilometer endurance tests without passengers, a mandatory requirement for any new train before entering service. […]
The European Parliament voted on June 18 in favor of a resolution to prolong the funding period of the Recovery and Resilience Mechanism (RRM), supporting a Romanian-led initiative to ensure that ongoing investment projects under the national recovery plans can be completed. The final decision, however, rests with the European Commission. The report, co-authored by […]
Romania’s public debt, as measured by the ESA methodology, increased by only RON 9 billion (EUR 1.8 billion) during March, reaching 56.1% of GDP at the end of the month, up from a revised 55.7% one month earlier and 54.8% at the end of 2024, according to data published by the Finance Ministry. The end-February […]
