President Klaus Iohannis promulgated on Friday the law approving Government Emergency Ordinance No. 39/2018 on public-private partnerships, which regulates the conclusion, implementation and termination of public-private partnership contracts, the establishment of the purpose of the public-private partnership, namely the construction, rehabilitation and/or expansion of an asset that will belong to the public partner's assets and/or the operation of a public service. At the same time, through the new draft of normative act is repealed the law no.233/2016 regarding partnership public-private, by comparison the draft bringing additions and amendments such as: regulating the possibility of carrying out public-private partnerships and projects exclusively involving the operation of a public service, clarifying the concept of financial closure, restricting the participation of the public partner with public funds at the stage of investment implementation to 25% of the investment value, setting up within one year a special fund to finance public-private partnership contracts that fall into the category of strategic projects, removing overlaps with the legislation on public procurement and concessions. Both in case of contractual partnership public-private and in case of institutional partnership public-private, if another public entity intends to support the carrying out of the project through the assumption towards the private partner of a payment or guarantee obligation(s) for the benefit of the public partner, it may do so if the payment or guarantee obligation has been provided for in the study and in the tender documents in a clear, precise and unequivocal manner, indicating the conditions under which it can be fulfilled, as required by law.
The Ji.hlava International Documentary Film Festival, held in the Czech Republic, is bringing to Bucharest a selection of four films from last year’s edition as part of the Echoes of Ji.hlava project. Between March 6 and April 3, lovers of documentary film are invited to the Czech Center to discover the Ji.hlava selection and take […]
A campaign organized by Romanian activist and war correspondent Radu Hossu gained increased traction and raised around EUR 85,000 in over two days for Ukraine’s military needs. The fundraiser started after the Trump administration paused military aid to Romania's neighboring country. Citizens of Moldova and Romania contributed the majority of the funds, according to Defense...
A new survey from Romanian employment platform BestJobs found notable differences among men and women employees, specifically the priority placed on salary and promotion opportunities for the first, and on job stability for the latter. According to the survey, women, who make up 48% of employees in Romania, say salary is an essential criterion in […]
The Republic of Moldova was among the countries where the United States “wasted” aid funds, according to president Donald Trump, who spoke before the Republican-dominated Congress. Trump claimed that government funds had been spent on useless programs in Moldova and Serbia, among other countries. These received assistance from the US through USAID, the agency that […]
US-headquartered Expro, a leading provider of energy services, announced that it had been awarded major contracts, either as a direct contractor or subcontractor to OMV Petrom, totaling more than USD 10 million for the Neptun Deep gas project in Romania’s Black Sea. The contracts involve Expro’s subsea landing string (SSLS), SeaCure cementing technology,...
The ROLANG Summer School provides immersive courses designed to accelerate fluency in Romanian for learners of all levels. The 12th edition of ROLANG Summer School on the Romanian language will be held from July 21st to August 1st, 2025, in Sibiu, in partnership with the German Cultural Center in Sibiu. Students will delve into the […]
