* The first tender calls were published in the Greek and international press. ELICA MEDITERRANEAN ELECTRICAL INTERCONNECTION S.M. S.A., a member of Copelouzos Group, which is developing the GREGY electrical interconnection project, has published the first two calls for expression of interest for the final studies of the project. The first two calls were published in both the Greek and international Greek press, as well as on the company's website www.elicagroup.gr and refer to the necessary "Desktop Studies" for the finalization of the optimal choice of the submarine cable route and the landing points in the two countries, as well as the "Technical analysis of the project and the studies for the calculation of benefit indicators and cost-benefit analysis for the project". As it is already known, GREGY project has been included in the 1st PCI/PMI list of the European Union and concerns the electrical interconnection of the electricity systems of Egypt and Greece, which includes an HVDC connection with a capacity of 3,000 MW, for the transmission of 100% green energy from Egypt to Greece and Europe. The publication of the calls constitutes the next phase in the development of GREGY in order to expedite the implementation of this major national and European project. The electricity interconnection between Greece and Egypt is an energy leap forward for electricity interconnections in the Mediterranean and an upgrade of Greece's role in the energy map of South East Europe. The closing date for the submission of the Expression of Interest for the first two tenders is 31th May 2024.
The exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
