Romania prolonged until July 31, 2028, the state aid scheme for combined heat and power (CHP) cogeneration, which would have expired on June 30, 2024, and doubled its budget to EUR 752 million from EUR 390 million after the European Commission accepted the modifications.
The scheme was launched in September 2022.
The supplementary EUR 362 million funding is designed to support the development of cogeneration units with a combined capacity of at least 200MW,
Investors in Romania are interested in technology companies, cryptocurrency assets, US Treasuries and niche sectors, complemented by ETFs with a focus on diversification, technology and high-yield bonds, according to an analysis by the trading platform Freedom24. Top picks included NVIDIA, a global leader in GPUs, Taiwan Semiconductor, the world’s largest chip manufacturer, and Microsoft. Tesla […]
For the fourth consecutive year, the Embassy of Romania in Washington, DC, organizes a series of events dedicated to the anniversary of the Strategic Partnership between Romania and the United States of America between July 7–13. Launched on July 11, 1997, on the occasion of US president Bill Clinton’s visit to Bucharest, the Strategic Partnership […]
AUR leader George Simion announced on Monday, July 7, that his party intends to submit a no-confidence motion against the government led by Liberal prime minister Ilie Bolojan. The announcement came the same day the Executive was scheduled to assume responsibility in Parliament for its first fiscal package, which includes a VAT increase, among others. […]
The former head of the National Environmental Guard, Octavian Berceanu, is set to run for mayor of Bucharest, backed by the REPER party. Berceanu, who gained notoriety for being tough on environmental rules, says he aims to make Bucharest “a breathable city, with green spaces, quality drinking water, and clean, civilized streets,” according to News.ro. […]
JW Marriott Bucharest Grand Hotel is proud to present the outside catering services, designed to bring gourmet dining and flawless event execution to any outdoor venue across the city. Whether you are hosting a corporate gathering, a social celebration, or a large-scale conference, our dedicated team of professionals is ready to deliver an unforgettable culinary […]
Nearly 70% of children aged 10 already own a smartphone, unlocking access to a limitless digital universe 69% of young people aged 9 to 22 spend over 3 hours a day on social media or online gaming—even during school days Parenting expert Maggie Dent: “The digital distraction of devices, laptops, screens and smart phones is […]
