modernization

E-Distribuţie companies in Romania will invest 483 million lei (approximately 100 million euros), during the current year, in the modernization of the electricity network in Bucharest and in the ten counties in Romania in which they…

Orbis Hotel Group has signed a management agreement in Romania for operating two existing hotels that will undergo modernization and will be re-branded into Mercure Galati Centrum (66 rooms) and into ibis Styles Galati Dunarea (79 rooms).…

Romania has the best agricultural year in history, with record production of wheat and maize, which lead the agricultural turnover to almost EUR 8 billion, a KeysFin analysis released on Tuesday reads. The figures from Agriculture…

The National Anti-corruption Directorate (DNA) has announced on Wednesday that former Finance minister Sebastian Vladescu is investigated under judicial control on bail, with the sum being set for EUR 1 M. The former minister is charged…

E-Distribuție Muntenia has invested about RON 14.5 M (EUR 3.15 million) for the first stages of the modernization of the Cotroceni primary station in Bucharest, a 3-year project which began in 2016, with a total investment value of RON 18…

A month ago, Metrorex announced the changing of the pay gates in all subway stations, currently the company works to set the schedule for all stations in Bucharest, aiming not to close two neighbouring stations, Director General Marin Aldea…

While attending the Defence Ministry’s 2016 activity report meeting on Tuesday, President Klaus Iohannis stated that allotting 2 percent of the GDP in 2017 for the defence enables the premises that the commitments assumed by Romania should…

The first six F-16s have entered officially on Friday in the Romanian Army. Prime Minister Dacian Ciolos and Defense Minister Mihnea Motoc have participated in Fetesti military base at the ceremony occasioned by the arrival in the country…

The first six F-16s aircraft purchased from Portugal will arrive in the country later this month. The aircraft have been upgraded, have new engines and were painted in several shades of gray, tvr.ro informs. The first images of the F-16s…

Nearly EUR 800 million of EU funds have been allocated to Romania for the reform and modernization of public administration during 2014-2020, European Commissioner for Regional Policy Corina Cretu has said on Tuesday, during the meeting…