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Bogdan Dimitriu, Federal Mogul
"The local industry is more competitive now in terms of both operators and labour force »
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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
Over 19,000 business plans submitted for Start-Up Nation program

Start-Up Nation Government program attracted over 19,000 business plans and a new edition will take place next year, said Ilan Laufer, Minister for the Business Environment.

PM Sorin Grindeanu: 5.7 per cent economic growth - confirmation that the measures taken by the Government are the right

The 5.7 percent economic growth registered in the first quarter of 2017, as compared to the first quarter of 2016, an evolution which exceeds the expectations of analysts and international bodie...

Sorin Grindeanu hails the support for CVM lifting before 2019

Prime Minister Sorin Grindeanu met at Victoria Palace with the European Commission President Jean-Claude Juncker. The meeting was also attended by the Public Finance Minister Viorel Stefan, Fore...

President Iohannis to hold political consultation to designate future PM

Parliamentary parties are invited today to the Cotroceni Presidential Palace for consultations with President Klaus Iohannis over the designation of the future prime minister, Agerpres reads.

New trading symbol for Patria Bank shares on Bucharest Stock Exchange

Patria Bank shares, a credit institution that operates on the Romanian banking sector, are traded under a new symbol on the Bucharest Stock Exchange (BVB) market, following the successful merger...

Chinese delegation seeks investment opportunities in Romania

Prime Minister Mihai Tudose discussed at the Victoria Governmental Palace on Thursday about the opportunities to invest in Romania with an official delegation of the People's Republic of China, ...

Fondul Proprietatea urges President Iohannis not to promulgate the Ports Law

Fondul Proprietatea has sent a letter to President Klaus Iohannis outlining several reasons that constitute, in the Fund's view, a strong basis for the non-promulgation of the recently adopted l...

BVB second place in the region by number of IPOs in H1 2017

Bucharest Stock Exchange (BVB) is the second market in Central and Eastern Europe where initial public offers (IPOs) were successfully concluded in the second quarter of this year, with a total ...

EBRD launches energy efficiency framework for Romanian households

Supporting Romanian households to save energy and money, the European Bank for Reconstruction and Development (EBRD) is launching a 100 million Euro Green Economy Financing Facility (GEFF) for t...

Romanian ruling coalition plans tax overhaul ahead of key parliament vote

Romania's ruling Social Democrats unveiled plans on Thursday to overhaul taxation from 2018, ditching a flat 16 per cent tax on income and profit that has attracted investment into the European ...

EU bank supports expansion of Regina Maria private healthcare network in Romania

The European Investment Bank (EIB) is lending 15 million Euro to support the expansion of a private healthcare network in Romania, a press release shows. This agreement is backed by the guarante...

New law on ports administration would be very damaging for Romanian state budget, Fondul Proprietatea says

Fondul Proprietatea is concerned by the renewed steps to approve the draft law amending the Government Ordinance on ports administration, which was re-examined and approved through an emergency ...

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Editorial

Daily Info
AFI Europe Romania posts increasing net operating income in H1 2017
AFI Europe Romania published its H1 2017 financial results, generating a Net Operating Income (NOI) from its income producing assets in Romania of 25 million Euro in H1, representing 11.5 per cent higher result...

Bonds of Globalworth will start trading on Bucharest Stock Exchange on July 31
Bucharest Stock Exchange (BVB) informs that the bonds of Globalworth will start trading on the main market on July 31, 2017, and are defined by the following: 5,500 bonds, nominative, dematerialized, freely tra...

OTP Bank Romania to take over Banca Romaneasca from National Bank of Greece
The National Bank of Greece signed an agreement with OTP Bank Romania on the sale of its equity holding of 99.28 per cent in Banca Romaneasca. The transaction involves the shares in Banca Romaneasca (BROM) held...

The healthcare system must be a priority, FIC says
Health is now a priority for Romanian authorities and the total spending on healthcare has grown significantly over the last four years (although it is still the lowest proportion of GDP allocated to healthcare...

CET Govora reached 30 million RON profit in H1 2017
Heat and electricity producer CET Govora registered a net profit of 30.6 million RON in the first six months of 2017, compared to a net loss of five million RON in the same period of last year....