about us | newsletter | contact | archive | members area
Mihai Patrascu, evoMAG
Competition is beneficial to the end customer»
  Features:      COUNTRY FOCUS   |   SECTOR ANALYSIS   |

Romanian infrastructure tries to avoid becoming road to nowhere

Things have started moving in Romanian infrastructure. At least that is the official line from the authorities, who are talking up EUR 3 bln worth of motorway projects currently under way, due by 2012. By Cerasela Marin

July 2011 - From the Print Edition

7 Photos
But this is not the first time the authorities have announced big projects which, for legal or financial reasons, have ended up stalling and becoming three times as expensive as in the beginning. One thing is certain: Romania has to access over EUR 5 bln infrastructure EU funds, as the lack of modern road infrastructure is a major handicap for economic development.
Six paired tunnels, together 30 km long, and double bridges four km long traversing the Carpathians, making their hard way thro...

To continue reading this article you have to be registered
The content that you are trying to view is available only for the registered users.
If you want to read this article now, please subscribe for FREE
New user Already registered ?
As a registered user you will have a lot of benefits.
      Forgoten password

There are 0 comments:

Validation Code

0 Comments  |  13668 Views
Daily Info
Romania has the lowest cost for arable land in Europe, says Eurostat

Arable land was the cheapest in Romania out of all member states, with a hectare costing an average 1,958 Euro in 2016, according to Eurostat, the statistics office of the EU....

CFR Calatori appoints Leon Barbulescu as general manager

Leon Barbulescu has been appointed general director of CFR Calatori, replacing Iosif Szentes, according to the sources from the railway field.

Deliveries of retail space to reach 200,000 sqm in 2018 outside Bucharest

Deliveries of retail spaces will reach the level of 200,000 square meters, new projects and extensions being scheduled in ten medium and large cities in the country, while in ...

AFI Europe Romania increased its net operating income by ten per cent to over 51 million Euro during 2017

AFI Europe Romania published its financial results. The Net Operating Income (NOI) from its income producing assets in Romania reached to over 51 million Euro in 2017, represe...

BRD to pay highest dividends in bank's history

BRD Groupe Societe General, the third-biggest lender in Romania, proposes a gross dividend per share of 1.64 RON from last year's net profit, the highest in the bank's history...





More on Features
Romanian business: There is still room for improvement

Romania is still an attractive market for investors within South-eastern Europe, with advantages in terms of labour cost and skilled professionals. But local entrepreneurs ...

1 Comment

Digital Banking: Challenges and opportunities

Digitalization is radically transforming the banking industry, enabling new products, services and business models. This transformation will take time to complete, forcing ...


Logistics industry: Growing demand

The industrial, logistics and office sectors in Bucharest were the drivers of the real estate development market in the first nine months of the year.

Telecom industry: Keeping pace with next-gen tech

The telecom industry is transforming before our very eyes. And in many instances, there are no hard-set rules for the new digital platforms, tools and lifecycles in which t...


Digital transformation of energy management and automation

Interview with Marius Persinaru, Country President Schneider Electric Romania & Republic of Moldavia


Principles Governing Foreign Investments in Romania

The legal regime of foreign investments in Romania is governed by the principle of equal treatment, which means that, subject to the principle of most-favoured-nation treat...

Austrian investments in Romania: Companies are generally happy with market development

Austrian investors see Romania as an excellent investment destination and the largest market in South-Eastern Europe. Romania represents a resourceful country, dominated by...

1 Comment