Environmental advocacy NGO Greenpeace Romania filed a preliminary complaint with the Constanta Environmental Protection Agency (APM), requesting the cancellation of the environmental permit for the Neptun Deep offshore gas project, the organization announced in a release on Friday.The move comes as a result of APM Constanta's decision to release the permit despite the issues highlighted by Greenpeace and which include: the absence of an adequate assessment of the long-term impact on water resources, the lack of an adequate assessment of the impact on the climate, the absence of a risk analysis amid the ongoing war in the neighboring area, the absence of a geological survey, and the absence of genuine public consultations regarding the risks related to this project."This project will keep Romania stuck in the era of fossil fuels and will further accelerate the already highly impacting climate crisis effects. The heat waves we have experienced in the past weeks will be increasingly intense," declared Vlad Catuna, coordinator of the Greenpeace Climate and Energy campaign.Greenpeace Romania has sued companies OMV Petrom and Romgaz, the Tuzla City Hall and Local Council, the Dobrogea Seaside Watershed Administration and the Grigore Antipa National Institute for Marine Development and Research for irregularities in the approval processes and lack of transparency over crucial data regarding the toxic substances that will be discharged into the Black Sea.The environmental organization also launched a petition for the protection of the Black Sea and the halt of the Neptun Deep project, which can be consulted on the dedicated website (https://suport.greenpeace.ro/salvammareaneagra).In a recent interview for Agerpres, OMV Petrom CEO Christina Verchere said that the Neptun Deep project "is on track to deliver the first amounts of natural gas in 2027, within the limits of the initially announced budget of up to four billion euros", and that drilling is supposed to start in 2025.
Exim Banca Romaneasca diversifies its product portfolio and launches the Mastercard World card in EURO, a tool that enhances the payment experience for people who travel or work abroad, offering premium advantages, benefits, and rewards. The new EURO card from Exim Banca Romaneasca has as its main advantage the reduction of costs associated with transactions...
A report by cybersecurity company Refute uncovered a large-scale international influence operation targeting Romanian diaspora voters on TikTok ahead of the second round of Romania’s presidential elections on May 18. The report identifies approximately 32,500 TikTok videos containing slogans promoting the populist candidate George Simion and former candidate Călin Georgescu. Many of these videos are […]
Romania's gross domestic product (GDP) remained largely unchanged in the first quarter of 2025 compared to the previous quarter, according to flash estimates published on May 15 by the National Institute of Statistics (INS). The economy recorded a growth of 0.2% in gross series and 0.5% in seasonally adjusted series compared to the same quarter of […]
Iulius Mall Suceava has officially inaugurated its EUR 40 million expansion that transformed it into “the largest retail and entertainment hub in northern Romania,” according to the official announcement. Developed by IULIUS and Atterbury Europe, the project adds 16,500 sqm of new retail space, bringing the mall's total area to 60,000 sqm. The expansion introduces […]
The European Bank for Reconstruction and Development (EBRD) announced the launch of the second edition of its Star Venture program in Romania this week, following a first edition in 2022. The program provides high-potential startups with business expertise and access to finance. After the round of applications, 10 promising startups were shortlisted to showcase their […]
Non-profit BookLand started building last year a pre-university, dual-system campus in the village of Vultureşti, in southern Romania’s Argeş county. The campus will train pupils in various specializations, allowing them to work in industries ranging from hotels & restaurants to retail and food. More on how the project got off the ground and what it […]
