cohesion fund

The European Commission has Okayed the major infrastructure road project "Bypass of Bacau", with a total value of RON 968.781 million, Transport minister Lucian Bode has announced. The Transport minister has applied for these funds…

The European Commission has announced on Thursday that it had Okayed a EUR 875.5 million investment from the Cohesion Fund for the construction of the first phase of the Sibiu-Piteşti highway, reads an EC press release. The European…

European Commissioner for Regional Policy, Corina Cretu, has done her year-end balance sheet, mentioning "wickedness and attacks" amid the recent rows with the Romanian officials, but also talking about "professional satisfaction higher…

European Commissioner for Regional Policy, Corina Cretu, has announced on Tuesday the approval of EUR 59 million for the river transportation in Romania, for the modernisation of the sluice-gates on the canals Danube-Black Sea and Midia…

EUR 265 million from the Cohesion Fund is invested in the construction of a new section of the M4 motorway in Hungary. It will allow making the trip from Budapest to the Romanian border in less than 2 hours 40 minutes. By linking the two…

The European Anti-Fraud Office (OLAF) agents are investigating how payments were made for the construction of the subway line 5 (Drumul Taberei). OLAF agents have checked on Wednesday several documents from the Ministry of Transport…

The European Commission (EC) has transferred approximately EUR 80 million to Romania, representing the funds reimbursement required by the second interim payment application for the Large Infrastructure Operational Programme (POIM),…

  EUR 17 million of the Cohesion Fund will be invested in four infrastructure projects on water distribution and management, a press release informs. It’s about projects to be carried out in Gorj, Ialomita, Ilfov și Suceava. “Ensuring…

The European Commission has Okayed on Tuesday the financing worth EUR 251.8 million from the Cohesion Fund to finance the extension of the Metro Line 5 in Bucharest. “Thanks to the European Union, Bucharest will have a modern metro…

  EUR 34.2 million from the Cohesion Fund, 2014-2020 period, will be allocated to fund the second phase of the project regarding the extension of the 4th subway line between Bazilescu Park and Straulesti, Bucharest’s District 1, the…