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Tag Archives: European Regional Development Fund

E.ON invests RON 16 M in upgrading several power transformer stations in Iasi

Delgaz Grid – the distribution company of the E.ON Group, formerly known as  E.ON Distributie Romania – will invest RON 16.3 million in upgrading the power transformer stations in Harlau, Pascani and Gorban – Iasi County and the related power grid, ...

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Five Romanian banks to grant EUR 400 M financing for SMEs

Five local banks – Raiffeisen Bank, ProCredit Bank Romania, Banca Comerciala Romana, Banca Transilvania and BancPost – are now part of the SME Initiative in Romania, to provide new financing for Small and Medium enterprises (SMEs) across the country, a ...

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Craiova southern ring road – inaugurated on Tuesday

Craiova southern ring road connecting DN65 and DN6 national roads has been opened for traffic Tuesday morning. The new road has one lane in each direction on a length of 6.3 kilometres, involving costs of about EUR 8 million. The ...

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Over EUR 226 M for the rehabilitation of the Bucharest – Constanta railway

The European Commission (EC) has approved EUR 226.6 million from the Cohesion Fund for “The rehabilitation of the Bucharest – Constanta railway line for the North Bucharest – Bucharest Baneasa and Fetesti – Constanta sections,” a press release informs on ...

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First online marketplace for Romanian producers, just launched

deprinromania.ro is the first online marketplace dedicated exclusively to Romanian producers’ business and was launched recently. According to a press release, the business idea started from the desire to support small producers who do not have access to the online ...

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European Commissioner warns on the slow pace of Romania’s transportation infrastructure projects. ‘I’m worried!’

The EU Commissioner for Regional Policy Corina Crețu had sent a letter to the Minister of Transport, Dan Costescu, requesting speeding up the implementation of projects in this area, financed by European structural and investment funds (ESIFs). “I’m concerned about ...

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The only research center for mountain economy in SEE, opened in Romania

The only research center for the mountain economy of Southeast Europe was inaugurated on Wednesday in Vatra Dornei, Northern Romania, local media informs. CE-MONT Vatra Dornei aims to increase research capacity in the economy of mountain areas, agriculture and food ...

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Ro-Net project is unlikely to be ready on time. Romania could lose EUR 60 M from EU

Deutsche Telekom group is forced to postpone for nearly one year the completion of Ro-Net project, which means the broadband Internet connecting of the 783 disadvantaged localities in Romania, hotnews.ro informs. Ro-Net, amounting to EUR 80 million, should have been ...

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