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October 26, 2020
BUSINESS

Several infrastructure and energy projects in Romania co-financed by Brussels

The European Commission (EC) will co-finance three projects conducted by the Transport Ministry, in the coming years, the Ministry of Transport and Infrastructure (MTI) announced. Two of these are updating projects for national roads, worth a total EUR 261.9 M, while the third was estimated at EUR 143.9 M and is about extending the northern seawall of Constanta harbour. The project beneficiaries are the Romanian National Company of Motorways and National Roads (CNADNR), and the National Maritime Harbor Management Company (CNAPM). The three projects are scheduled for completion by the end of year 2013.


The EC also passed recently a contribution worth EUR 21.7 M, provided by the European Regional Development Fund, to a project of the Craiova Energy Complex (CEN), the Economy Ministry writes in a press release. The project run by CEN Craiova targets and investment in a de-sulfuring installation at generator blocks 1 and 2 of the power plant and is part of the sectorial operational program “Increasing the economic competitiveness.”


Romania fulfilled its obligations deriving from the EU Accession Treaty in the steel sector, but it must send to the EC, by January 20, 2010 certain data on the Mechel Targoviste, Mechel Campia Turzii, ArcelorMittal Hunedoara and ArcelorMittal Galati steel mills. Romania’s Treaty of Accession to the EU provides monitoring the restructuring-sustainability sector of the steel sector during 2004-2008. In addition, Romania pledged to stop providing state aid to the steel industry after 2004 and close its obsolete production capacities.

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