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Bucharest to build new terminal for Henri Coanda International airport

The procedures for building a new terminal at the Henri Coanda International Airport, which serves Romania’s capital, are ongoing.

New bill regulating activity of Uber, Taxify in Romania, submitted to Parliament

A draft bill regulating ridesharing services in Romania, such the ones provided by Uber or Taxify, has been submitted to the Parliament by several MPs from both ruling and opposition parties.

Bucharest wants to expand its Old Town

Bucharest's Old Town, the city's historic district, will expand to include 50 other streets in the city center, Bucharest mayor Gabriela Firea. The Old Town will also include the Jewish district...

Nuclearelectrica: Unit 1 in Cernavoda will be stopped in 2026 for refurbishment, project costs up to 1.5 billion Euro

Unit 1 in Cernavoda nuclear power plant will have undergo a process of refurbishment in 2026, a project that will cost around 1.2-1.5 billion Euro, according to Romeo Urjan, the head of Nucleare...

CFR Calatori passenger trains register total delays of almost nine years in 2017

The trains ran by the state-owned company CFR Calatori registered total delays of some 4.53 million minutes in 2017, which translates into around 8.6 years, according to data from the company.

Around 35 percent of the Romanian roads are covered with stone and soil, statistics show

Romania has made little progress last year in modernizing its infrastructure, official statistics released on Wednesday showing that 35 percent of the roads are covered with stone and soil and o...

Posta Romana auto park to increase by 180 units, following investment of 3 million Euro

Posta Romana auto park will increase by 180 units, out of which 80 cars of 3.5 tones will be functional this week, following that until the end of the month to be distributed the rest of 100 car...

BMW to build test track for self-driving cars

German luxury automaker BMW said on Friday it will spend over 100 million euros ($118 million) on a test track for self-driving and electric cars in the Czech Republic, as it expands its foray i...

Constructions sector down by 5.4 per cent in 2017

Constructions works sector down year-on-year by 5.4 per cent in 2017, affected by the decrease in the infrastructure works and non-residential constructions, while the residential constructions ...

E-Distributie Muntenia invested 14.5 million RON for the modernisation of the Cotroceni primary station

E-Distributie Muntenia invested about 14.5 million RON (3.15 million Euro) for the first stages of the modernization of the Cotroceni primary station in Bucharest, a 3-year project which began i...

CNAIR auctioned infrastructure projects worth four billion Euro in 2017

The National Road Infrastructure Management Company (CNAIR) informs that it auctioned projects worth around four billion Euro in 2017, the highest value in the last 27 years.

Timisoara ponders metro line

Timisoara, a city in western Romania, is planning to allot 31,182 Euro of this year’s budget to a pre-feasibility study for a metro-type public transport system.

Telekom launches the third Smart City pilot project in Romania

Telekom Romania launched in Piatra Neamt, the third Smart City pilot project, after the ones in Bucharest and Constanta. The company's project is part of the strategy of expanding its own operat...

Romania and Hungary to build high-speed railway from Cluj to Budapest

Romania's foreign affairs minister Teodor Melescanu and Hungarian counterpart Peter Szijjarto agreed on Monday on the development of a high-speed railway between Cluj-Napoca and Budapest, Szijja...

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ArcelorMittal receives binding offer for European assets from Liberty

British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.

Corina Popescu is the new CEO of Electrica

The Board of Directors of Electrica, one of the most valuable companies where the state is the main stakeholder, has agreed to end the collaboration with its CEO Dan Catalin Stancu starting Nove...

Crosspoint Real Estate appointed exclusive sale agent for H Pipera Lake residential project in northern Bucharest

Crosspoint Real Estate has been appointed exclusive agent for the sale of the units in H Pipera Lake residential project, developed by Hagag Development Europe.

Belgian real estate developer WDP to launch new 75 million Euro projects in Romania

WDP kicked off its Investor Day in Romania by announcing an additional investment volume of around 75 million Euro, amounting to some 130,000 sqm in property, both through new development projec...

Skanska delivers the first building of the Campus 6 office project in Bucharest

Skanska inaugurates Campus 6.1, the first completed building in Campus 6, a project that marks the expansion of Skanska Romania in the Center - West area of the capital.

New Government reshuffle in Romania to take place in October

A new reshuffle of the Government is supposed to take place in early October, according to the Socialist-Democrat Party (PSD) Liviu Dragnea. He said that, together with the Prime Minister Vioric...

President Iohannis to attend UN General Assembly in New York

Romanian president Klaus Iohannis will be in New York until Friday to attend the 73rd General Assembly of the United Nations.

Anca Jurma named interim chief prosecutor of Romanian anti-corruption agency

Prosecutor Anca Jurma has been named the interim chief prosecutor of the Romanian anti-corruption agency (DNA) following an order by the General Prosecutor Augustin Lazar.

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Ambassador Klemm: Women are directly affected by digital exclusion

Women are directly affected by digital exclusion, US Ambassador to Bucharest Hans Klemm said Monday at the opening of the Digital Romania International Forum.

President Iohannis: Interconnection projects revealed at Three Seas Initiative summit are a top level political signal

The list of priority interconnection projects presented within the Summit of the Three Seas Initiative is "a top level political signal", on Tuesday stated Klaus Iohannis, in a news conference a...

President Iohannis to hold CSAT meeting on September 4 for budget revision

Romanian president Klaus Iohannis has summoned on September 4 the members of the Supreme Council of National Defence (CSAT) to approve the budget revisions for institutions handling national sec...

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PayU expands to Israel through ZOOZ

PayU, the leading financial services provider in global growth markets, announced the acquisition of ZOOZ, the payment technology platform that operates in Israel. The transaction supports the c...

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Daily Info
Corina Popescu is the new CEO of Electrica
The Board of Directors of Electrica, one of the most valuable companies where the state is the main stakeholder, has agreed to end the collaboration with its CEO Dan Catalin Stancu starting November 2018. The n...

Skanska delivers the first building of the Campus 6 office project in Bucharest
Skanska inaugurates Campus 6.1, the first completed building in Campus 6, a project that marks the expansion of Skanska Romania in the Center - West area of the capital.

ArcelorMittal receives binding offer for European assets from Liberty
British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.

Marco Eichhorn appointed general manager of Radisson Hotel in Bucharest
The Radisson Hotel Group, one of the world's largest hotel groups, has announced Marco Eichhorn as general manager of two hotels in the Romanian capital.

Crosspoint Real Estate appointed exclusive sale agent for H Pipera Lake residential project in northern Bucharest
Crosspoint Real Estate has been appointed exclusive agent for the sale of the units in H Pipera Lake residential project, developed by Hagag Development Europe.