Amid Russia's war against Ukraine and the successive attacks on the Zaporizhzhia nuclear power plant, Romanian Foreign Affairs Minister Luminita Odobescu emphasized the crucial role of the International Atomic Energy Agency (IAEA) in ensuring compliance with nuclear safety standards and in preventing an accident at the Ukrainian nuclear power plants, the Foreign Affairs Ministry said in a statement.In a meeting with IAEA Director General Rafael Grossi, who is currently visiting Romania, Minister Odobescu emphasized the importance of the role of the atomic watchdog in the use of nuclear technologies for peaceful purposes, under safe and secure conditions. In this line, Luminita Odobescu evoked the significance of the March 21 Nuclear Energy Summit in Brussels.At the same time, the Romanian official referred to IAEA's constant and substantial support for efforts to promote and strengthen the Romanian nuclear program.The IAEA Director General emphasized the international profile of Romania and its internationally recognized, responsible nuclear policy. He also highlighted Romania's notable investments in the development of its nuclear program, including the implementation of new nuclear energy technologies aimed at the installation of small modular reactors (SMRs). The IAEA top official expressed thanks for Romania's contribution, including under the Technical Cooperation Program, the Foreign Ministry said.The two officials also discussed concrete ways for Romania to intensify its cooperation with IAEA.
Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous […]
Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]
Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show. Towns are more connected, cities are getting smarter, and essential services are beginning to live online, not in line. A tidal wave of digitisation is common to other areas of the globe, that’s […]
Several segments in Romania's A7 and A8 highway projects have lost funding from the National Recovery and Resilience Plan (PNRR) due to project delays, the minister of investments and European projects, Dragoș Pîslaru, announced on Tuesday, July 15, as reported by Biziday.ro. He did not specify which segments of these highways were affected. The statement […]
Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern Bucharest. The project, estimated at EUR 50 million, will include 500 apartments and 400 square meters of commercial space. […]
According to an analysis from real estate consultant Colliers based on National Bank of Romania data, Romanians spent more than EUR 3 billion on international travel in the first four months of 2025, 15% more than in the same period of 2024. If the current pace continues, Romanians’ spending on foreign holidays and business travel […]
