National Recovery and Resilience Plan

The European Commission (EC) proposed on Tuesday the partial suspension of payments from Romania's third payment request under the National Recovery and Resilience Plan (PNRR) program. The EC thus approved "a positive preliminary…

CIS Group announces the signing of a contract for the construction of a photovoltaic park in Copșa Mică. The total investment for this project amounts to nearly 100 million lei and the park is expected to become operational at the beginning…

Alpha Bank Romania continues to support small and medium-sized enterprises (SMEs) through its strategic partnership with the European Investment Fund (EIF) which brings substantial benefits in the field of lending. Through this partnership,…

Romania has launched today a cultural multimedia platform Romania Atractiva/Attractive Romania. Romania's cultural tourism program includes 12 thematic routes that cross the entire country, with 275 objectives to visit, presented in the…

Three quarters of Romanian business leaders (75%) believe that the reforms and investments made through the National Recovery and Resilience Plan (NRRP) will contribute to the local economy’s competitiveness in the next five years, while…

The European Commission has approved the modification of Romania's National Recovery and Resilience Plan (NRRP) on Tuesday, valued at 28.5 billion euros, as announced by the Ministry of European Funds. In a Facebook post, Prime Minister…

A government dispute regarding pension funds has arisen. Finance Minister Marcel Boloș reportedly hasn't approved the new law that would increase Romanian pensions due to a lack of funds, according to political sources. He is said to have…

President Klaus Iohannis promulgated the law on special pensions. Taxation of specials increases to 20%, but judges and prosecutors will have their pensions calculated according to the incomes they had at the top of their careers. And their…

​The reorganization plan of the Oltenia Energy Complex is experiencing delays, namely the new gas and solar power plants will not be ready until 2026, so we cannot close the lignite mines until then, as the Romanian state committed when it…

​The healthcare system in Romania loses 740 million euros of non-reimbursable European money following the amendments operated to the National Recovery and Resilience Plan (PNRR). The 740 million euros would have been intended for the…