Florentina Cernat

Transport Minister says construction of Comarnic - Brasov motorway with state budget funding perfectly possible

The Romanian government will be able to build the Comarnic - Brasov motorway with money from the state budget, which won't be considerably impacted, as payments will be made progressively, as the works advance, Transport Minister Razvan Cuc told a press conference on Tuesday.

Festivals market at record-high 600 ml lei due to staple events like Neversea, Untold or Electric Castle

The Romanian music festivals this summer and the high-profile artists scheduled to perform here will attract more than one billion spectators, taking the market to an all-time record high of more than 600 million lei, shows a survey by Frames consulting company.

Fondul Proprietatea: Selling 8pct of Petrom to employees a nightmare, since legislation not clear

The gov't intent to sell up to 8 percent of the Petrom shares to its employees will be a complex process that will generate litigations to stretch on several years, since the legislation is not clear as regards the beneficiaries and what is exactly the percentage in shares, on Friday asserted in a press conference Johan Meyer, CEO Franklin Templeton Investments and Fondul Proprietatea Fund Mana

Engie Romania grants scholarships of 700 lei/months to Bucharest, Brasov pupils in dual education

Engie Romania invests 5 million lei for the qualification of about 120 young professionals from Bucharest and Brasov, who will receive a scholarship of up to 700 lei per month plus transport and meal through the "Energy for my job," program, the company announced on Friday.

Commissioner Jourova: Activation of Art. 7 for Romania depends on what happens in the following days

The European Commission doesn't discuss yet about the activation of Article 7 in the case of Romania, but this depends on what will happen in the following days, on Thursday stated in Bucharest the European Commissioner for Justice, Consumers and Gender Equality Vera Jourova, who attended the "European Day of Competition and Consumers" conference.

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