The Government approved, on Thursday, the ratification of the Framework Agreement on the establishment of the International Solar Alliance (ISA), signed by Romania in Dubai, United Arab Emirates, on December 3, 2023.According to a press release from the Executive, the ratification of this Framework Agreement will strengthen Romania's international cooperation with the member states of the International Solar Alliance."By associating with ISA and promoting projects for the use of solar energy, Romania contributes to achieving the objectives established within the European Green Deal (Green Deal), an important initiative to combat the effects of climate change. At the same time, the Framework Agreement provides for the designation of a National Contact Point for ISA with the task of developing programs, promoting financing for innovation, research and development activities, facilitating the exchange of ideas between specialists," the press release states.Currently, 118 states have signed the ISA Accession Agreement."ISA, established in 2015, in Paris, at the initiative of India and with the support of France, is a coalition of countries rich in solar resources, designed to meet the needs of energy consumption. The organization provides a platform for global cooperation, including governments, bilateral and multilateral organizations, corporations and other interested parties, to increase the use of solar energy. In April 2022, the Ministry of Energy of the Romanian Government initiated the steps to join the International Solar Alliance, after participating as an observer in the General Assembly of ISA in October 2021," the press release mentions.The draft law approved by the Government will be sent to Parliament for debate and adoption.
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
