*The company will also facilitate the delivery of humanitarian aid to conflict zones, https://www.euractiv.com/ reads. The Romanian government approved the creation of a state-run railway company to meet the country's defence needs on Wednesday, bringing the country in line with the EU's new military mobility initiative. The new company will be legally obliged to handle Romania's strategic transport, ensuring that the state has a reliable option in situations where private transport companies may refuse or be unable to provide certain rail services, especially in times of crisis. The "extraordinary events" of 2020-2023 highlighted the Romanian state's need for a reliable rail freight operator capable of transporting troops, equipment, machinery, and armaments in the event of military mobilisation either for Romania or for its strategic partners. The company will also facilitate the delivery of humanitarian aid to conflict zones, supporting international cooperation efforts. Beyond military needs, the company will play a critical role in transporting essential goods such as grain, raw materials, and fuel, helping to prevent potential food or energy crises. In addition to its strategic role, the state-owned company will also operate in the rail freight market, complementing existing services to meet wider market needs. Military Mobility, introduced by the European Commission for the 2021-2027 programming period, is also part of the Regulation on the Connecting Europe Facility 2021-2027. According to the Commission, military mobility is vital for the security and defence of Europe, as the armies of EU member states should be able to respond quickly and on a large scale to crises at the EU's external borders and beyond. Romania has committed to improving military mobility through its participation in the Permanent Structured Cooperation (PESCO) and reaffirmed this commitment at the NATO Summit in June 2018.
Train ticket prices will rise by nearly 10% starting December 14, when the new 2025–2026 railway timetable comes into effect in Romania, officials confirmed on Wednesday, as reported by Agerpres. The increase of 9.88% reflects the annual inflation index published by the National Institute of Statistics (INS), in line with...
Deputy prime minister Oana Gheorghiu will lead a working group tasked with reforming Romania's loss-making state-owned companies, prime minister Ilie Bolojan said in an interview with ProTV, as reported by G4media.ro. Her predecessor, Dragos Anastasiu,
Romanian prime minister Ilie Bolojan, on November 19, in an interview given to ProTV and quoted by Hotnews.ro, explained that the pension-wage cumulation ban will apply only to the so-called special pensions, namely those not based on past contributions, as opposed to all pensions as implied by Social Democrat (PSD) labour...
Statements by Romanian prime minister Ilie Bolojan about cutting by 10% the total personnel budget for all ministers and other similar contracting units, as opposed to only the central administration of the respective bodies, prompted on November 19 a radical reaction from the Social Democratic Party (PSD) and trade unions in the public sector. No […]
Romania’s Ministry of Labour unveiled for public consultations the revised law on magistrates’ pensions, and the government, in a press release, expressed its hope that the approval process, including by the Superior Council of Magistracy (CSM), will proceed expeditiously. However, CSM vice president Claudu Sandu has already publicly rejected the law as insufficient. The bill is […]
PPC, the largest power supplier in Greece, also active in Romania with distribution, production, and supply operations after it took over Enel's operations in the country, announced at the Capital Markets Day event investment plans worth EUR 3 billion over the next three years in Romania, according to Economica.net....
