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Marius Vacaroiu, Policolor
Tax changes have made us elaborate more budget impact assessments this year»
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GreenWEEE to open a new plant in Campia Turzii

The Romanian company GreenWEEE International continues its growth strategy, thus doubling its production capacity to 100,000 tons per year.

Demand for sustainable development increased significantly throughout 2016, says BuildGreen

BuildGreen, Romania's development, design and green building certification company, ended the year 2017 with a portfolio increase of over 100 per cent, surpassing the level of 2.7 million sqm of...

Romania Green Building Council launches recommendations for the National Renovation Strategy

The Romania Green Building Council launched a set of recommendations for Romania's new National Renovation Strategy, which the Romanian Government should present to the European Commission by en...

Romania’s first residential complex with green energy sold 200 apartments in first phase

Cartierul Solar, the first residential complex with green energy in Romania, located in southern Bucharest and developed by Ad Astra Partners, has completed its first phase and started the works...

GreenFiber invests 35 million Euro in its third plant for synthetic recycled fibres

GreenFiber International, part of Green Group, the largest integrated recycling park in South-Eastern Europe, announced in mid-September an investment of 35 million Euro from private funds, in i...

Environment Ministry suspended the order that would have allowed the shooting of nearly 1,700 wild animals

Romania’s Minister of Environment, Waters and Forests, Cristiana Pasca-Palmer, announced in early October that the procedure for the issuing of the ministerial orders that would have allowed t...

Study: One in three Romanians want to engage in environment protection activities

One in three Romanians is willing to take part in environmental protection activities and wants to bring along his group of friends, a survey conducted by Reveal Research for Lets Do It, Romania...

Romanians can ask for state money to refurbish their homes through ‘Casa Verde' programme

The Ministry of Environment, Waters and Forests released in early October the ‘Casa Verde’ [Green House] programme, both for citizens and for legal entities, while the Financing Guide has be...

1.1 million Euro Norwegian Grants for SIGUREC development in terms of WEEE and glass

The Norwegian Government, through the Norwegian Grants, has co-funded with 1.1 million Euro the SIGUREC project to collect recyclable waste implemented by GreenWEEE International, whose total va...

Campaign to encourage collection and recycling of aluminium cans is launched in 20 Auchan stores

Can Pack Recycling and the non-profit association Alucro, with the support of Auchan Romania, launched in late June the ‘My mom recycles too!’ (‘Si mama recicleaza!’) campaign, a project...

Ministry of Environment will tax people based on how much waste they throw away

The cost of sanitation services will be determined according to the amount of waste disposed of to landfill by citizens. According to Agerpres, quoted by Green Report, the announcement was made ...

200 volunteers, including Ciolos, cleaned the Vacaresti Natural Park

Romanian Prime Minister Dacian Ciolos and Minister of Environment, Waters and Forests, Cristiana Pasca-Palmer, attended the cleaning action organized in late June by Let′s Do It, Roman...

Minister of Environment: Vacaresti Lake declared natural park and protected natural area

Vacaresti Lake was declared a natural park and a protected area regime was established there, announced Cristiana Pasca - Palmer, the Minister of Environment, Water and Forests, in mid-May, in a...

Alro invests 53 million USD in energy efficiency and recycling of aluminium

Alro Slatina announced in Mid-May an investment plan of 53 million USD for this year, for the increase of both its energy efficiency and its recycling rate of aluminium waste, according to the c...

More on News
Iohannis: Justice independence, public positions' integrity are constitutional values not to be negotiated

Promoting the rule of law and Justice independence, fighting against corruption, ensuring integrity in public positions and dignities are constitutional values that cannot be negotiated, Preside...

Garanti Leasing signs a loan agreement for 15 million Euro with EFSE

Garanti Leasing, part of Garanti Romania, has signed a loan agreement of 15 million Euro with the European Fund for Southeast Europe (EFSE). The facility is meant to increase access to financing...

Mega Image to continue expansion in Romania in 2018

Local retailer Mega Image will continue its expansion next year, according to Vassilis Stavrou, the general manager of the Mega Image operations in Romania.

Construction works for the first pediatric oncology and radiotherapy hospital in Romania to begin with 8 million euro

Daruieste Viata Association is an NGO to start the construction works for the first pediatric cncology and radiotherapy hospital in Romania, in the court yard of the “Marie Curie” hospital i...

EBRD acquires 4.4 per cent stake in Globalworth

The European Bank for Reconstruction and Development (EBRD) has acquired a 4.4 per cent stake in real estate developer Globalworth, whose portfolio in Romania reached 1.08 billion Euro at the en...

Nokia appoints Joerg Erlemeier as Chief Operating Officer

Nokia announced the appointment of Joerg Erlemeier as Chief Operating Officer (COO) and member of the Group Leadership Team (GLT) with immediate effect.

Posta Romana auto park to increase by 180 units, following investment of 3 million Euro

Posta Romana auto park will increase by 180 units, out of which 80 cars of 3.5 tones will be functional this week, following that until the end of the month to be distributed the rest of 100 car...

Iulius opened a new office building in Openville Timisoara

The Iulius Company completed a new office building spanning on over 13,000 sqm in Openville Timisoara, the mixed-use project the company develops together with Atterbury Europe near Iulius Mall....

CBRE: Bucharest university centres attract new business poles

Most new investments in office buildings have been concentrated around Bucharest's university centres, which have become increasingly attractive for real estate developers, CBRE shows.

Immofinanz closes the sale of the Russian retail portfolio

Immofinanz has successfully concluded the sale of its retail portfolio Moscow to the Russian FORT Group. The transaction closed in St. Petersburg.

Forte Partners to develop Aviatiei Park following 12 million Euro funding from Banca Transilvania

Local real estate developer Forte Partners will develop the residential project Aviatiei Park after a funding of 12 million Euro from Banca Transilvania.

Concept store 1 Minute signs lease agreement in AFI Tech Park

AFI Europe Romania concluded a new lease agreement for AFI Tech Park Business Campus. The new tenant is LS Travel with their concept store "1 Minute", who leased a space located on the ground fl...

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Editorial

Daily Info
CTP wins two awards at real estate gala
CTP was awarded with two important distinctions by an international publication, at a gala dedicated to the Romanian real estate market.

ARIES: Romanian IT industry has doubled its revenue in six years, reaching a market worth about five billion Euro
ARIES Transilvania announces the results of an extensive national IT market study in Romania, carried out with the support of the City Hall and the Cluj-Napoca Local Council, and which analyzes the evolution of...

EBRD acquires 4.4 per cent stake in Globalworth
The European Bank for Reconstruction and Development (EBRD) has acquired a 4.4 per cent stake in real estate developer Globalworth, whose portfolio in Romania reached 1.08 billion Euro at the end of September....

Nokia appoints Joerg Erlemeier as Chief Operating Officer
Nokia announced the appointment of Joerg Erlemeier as Chief Operating Officer (COO) and member of the Group Leadership Team (GLT) with immediate effect.

KeysFin: Multinationals control 60 per cent of the Romanian IT sector
Large foreign investors have reached a share of over 60 per cent of the local software industry, according to a study by local financial consultancy firm KeysFin.