Ukrainian road building company Avtomahistral-Pivden, in partnership with Romanian firm Precon Transilvania, has signed a contract with Romania's state-owned company CNAIR to construct the first section of a motorway connecting the cities of Arad and Oradea.The contract, worth €460 million, was signed in Bucharest, https://www.pravda.com.ua/ informs. It provides for the construction of the first 33.7-km section of the road, which is part of the Via Carpathia, a strategic European transport corridor that will connect the Baltic, Black and Mediterranean seas. This section involves the construction of 32 bridges, junctions and overpasses, featuring a 727-metre overpass over a railway line, along with two car parks equipped with electric vehicle charging stations. The works are scheduled to be completed within 24 months. Mykola Tymofieiev, CEO of Avtomahistral-Pivden, described the signing of the contract as a historic event, as it marks the first time a Ukrainian company will participate in a major infrastructure project in an EU country.
The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca. So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]
The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]
Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport. At the same time, six new routes will […]
The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]
A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...
Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]
