Bucharest will gain 1,746 new paid parking spaces on July 1st, following the Municipal Company Parking’s acquisition of two large public parking facilities. These parking areas have been unused for between four and fifteen years prior to this transfer. The announcement from the Bucharest City Hall indicates a move to address parking challenges within the capital city. Parking fees will start at 5 lei per hour. The Municipal Company Parking will manage operations at both locations. This initiative aims to provide much-needed parking options for drivers in Bucharest and generate revenue for the city. The long-term impact on traffic congestion remains to be seen.