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 ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
