The health costs caused by air pollution in Bucharest are the biggest in Europe and reach approximately 3,000 euro/person,that is why Low Emission Zones (LEZ) must be implemented by 2025 to improve air quality, say 2Celsius experts in a specialized analysis. "The health costs caused by air pollution in Bucharest are the highest in Europe, about €3,000. At the same time, the European Environment Agency announces that air pollution remains the main environmental risk to the health of Europeans and estimates that at least 253,000 deaths in the EU in 2021 can be attributed to exposure to fine particulate matter (PM2.5) above the WHO recommended concentration of 5 micrograms per cubic meter", the source cited. According to a research, made by 2Celsius and Ecopolis in 2023, through which the level of NO2 was monitored from 21 locations in Bucharest, exceedances of the legal limit values were recorded at six points. NO2 is a gas resulting from road traffic, industrial activities and power generation and, in high amounts, affects human health, causing in particular respiratory diseases.In this sense, the environmental organisation presented a proposal for the implementation of such areas in the Report on waste burnings and other materials valuable in Bucuresti and Ilfov, made by Ecopolis and AerLive in 2021.‘In such areas, the use of transport means which are less polluting, such as electric cars, bikes or ecological public transport, applying taxes and restrictions for conventional motor vehicles which meet the standards for emissions already established. The implementation of the low emissions zones means a seris of administrative and technical measures, including the installation of adequate signals, the monitoring of emissions levels and implementation of sanctions for breaking regulations’ consider the representatives of the association.The 2Celsius Association is a non-governmental organization established in 2010 with the aim to influence climate change policies at national and European level.
Critical Metals Corp (Nasdaq: CRML), an American company specialising in critical minerals, and Romanian nuclear group Nuclearelectrica (BVB: SNN) announced on December 9 the signing of an agreement for the development, in Romania at Feldioara, of an industrial rare earth processing facility. The planned facilities at Feldioara, where Nuclearelectrica operates its subsidiary Uranium Concentrate Processing […]
One United Properties (BVB: ONE), the Bucharest Exchange-listed developer of residential, mixed-use, and office real estate in Romania, announced the signing of a preliminary sale and purchase agreement for a 34,800 sqm plot of land in “the most desirable residential area of Constanța, on the Black Sea coast.” The land is located in the northern […]
Al Dahra Holding will exit Romania’s grain trading market in 2026, withdrawing from a sector with annual exports valued at about EUR 4 billion, Bloomberg reported on December 9, as cited by Ziarul Financiar. The company’s decision follows sustained pressure on international traders operating in the increasingly...
DN Agrar Group (BVB: DN), one of the leading integrated agrifood companies in Romania and the largest dairy milk producer in Europe, announced the financing plan for the development of a skimmed milk and cream processing facility, a strategic project supporting the group’s growth objectives for the 2025 - 2030 period. “According to the 2025 […]
OMV Petrom (BVB: SNP), as the operator, and Romgaz (BVB: SNG), as an equal partner in the offshore perimeter Neptun Deep, received from the Romanian government a two-year extension to November 2027 for the exploration period provisioned in the concession contract, according to a government press release. The overall period of the contract, which was […]
Romanian president Nicușor Dan announced on Tuesday, December 9, that French president Emmanuel Macron will pay an official visit to Romania in 2026. The confirmation was made during Dan’s visit to Paris, where the two leaders held extensive discussions on defence, security, and economic...
