The European Commission announced on Monday that they approved an investment of over 175 million euro from the Fund of cohesion for the modernisation and installation of a new drinking water and waste water infrastructure in Olt county. ‘The Commission approved an investment of over 175 million euro from the Cohesion Fund for the modernisation and installation of a new drinking water and waste water infrastructure in Olt county, Romania. The new infrastructure will reduced the leakages and interruptions in water supply, thus contributing to meeting the requirements of the EU Directive regarding drinking water to Romania’ the European Commission said. This investment from EU funds will contribute to the socio-economic development at local level through the improvement of the living standards of the inhabitants in the rural areas and by the creation of work places both in the construction stage and in the placing into service stage. ‘The project is a perfect example of the way in which the cohesion policy brings direct benefits to the European citizens, keeping and protecting the environment and promoting the efficient use of the resources’ the Commissionaire for cohesion and reforms, Elisa Ferrreira said. The waste waters grid will be extended by 259.08 km, and with 37.87 km will be improved in the existing system. At the same time, another 64.41 km of evacuation pipes will be installed and ten pumping units for waste waters will be modernized and another 156 new units will be built.
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 […]
