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Transport Master Plan, final draft, sent to European Commission • The document stipulates the construction of 1,300 km of highway and 1,800 km of expressways

May 11, 2015

The revised Transport Master Plan draft sent to the European Commission entails the construction of over 1,300 kilometers of highway, at a cost of EUR 13.739 bln. The document also entails the construction of expressways at a total estimated cost of EUR 9.935 bln (1,817 km), Trans-Regio roads at an estimated cost of EUR 1.7 [...]

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Nadav Lapid’s ‘YES’ to be screened at Bucharest International Film Festival next month

The Bucharest International Film Festival (BIFF) has announced the Bucharest premiere of YES, one of the standout films selected in the Official Competition of the 2025 Cannes Film Festival. The screening will take place during the 21st edition of BIFF, scheduled for September 19–28, and will be attended by the film’s director, Nadav Lapid, and […]

Global Vision enters retail sector with EUR 10 mln investment in Oradea

Real estate investment and development company Global Vision has announced its first entry into the retail sector with a commercial project in Oradea, northwest Romania. The investment exceeds EUR 10 million and is part of the company’s broader EUR 150 million investment pipeline. The new retail development, named Oradea Retail Plaza, will be located in […]

Wizz Air adds second aircraft and expands operations in Sibiu

Low-cost carrier Wizz Air has added a second aircraft to its base at Sibiu International Airport and announced a significant expansion of its operations in the Romanian city. The airline, which has been present in Sibiu for more than a decade, is now offering over one million seats to and from Sibiu, representing a 48% […]

Romanian trade unions prepare for possible general strike over austerity measures

Romania’s main trade union confederations are preparing coordinated protest actions and considering a general strike in response to the government’s new fiscal and austerity measures, Economica.net reported. The decision was made during a meeting of union leaders evaluating the impact...

Bolt, Uber assure their Romanian drivers are paying taxes and contributions legally

The Coalition for the Digital Economy, which brings together companies such as Uber, Glovo, Wolt, Bolt, Bringo, and Lime, in response to Ziarul Financiar's claims that the drivers of the ride-hailing operators are avoiding taxes and social security contributions, assured that this is not the case.  ...

OMV Petrom putting special dividend on ice conveys cautious message to investors

Romanian energy group OMV Petrom (BVB: SNP) will decide by the end of September on the special dividend, based on the progress of the investment projects, the impact of the present and future fiscal reforms implemented by the government, and the market conditions, the company's CFO Alina Popa explained, quoted by Cursdeguvernare.ro.  ...