The implementation period of projects under the "Casa Verde Photovoltaice 2023" programme [Photovoltaic Greenhouses 2023 - editors note] will be extended, the Ministry of Environment, Waters and Forests (MMAP) informs on Tuesday."The minister of environment, waters and forests, Mircea Fechet, signed today the draft amendment to the Financing Guide for the Casa Verde Photovoltaice 2023 programme, in order to support the citizens who benefit from this programme. The draft extends the implementation period of projects started in 2023, given the difficulties encountered by beneficiaries in obtaining connection certificates. These delays are mainly caused by the long period required for the issuance of certificates by energy distributors and the delayed delivery of two-way metres, which, in some cases, can take several months," the institution notes in a press release.According to the same source, the Order covers two situations."The first of them refers to those who have installed their photovoltaic panels, were beneficiaries, but who have not yet obtained the connection certificate. There are some energy distributors who are delaying the issuance of this certificate for an inadmissible amount of time and, in the absence of it, we cannot settle the financing, and the company that installed the photovoltaic panels cannot recover its investment. The second category is related to those beneficiaries who came across a "scam" installer, who did not show up to install the panels by the end of December 2024. For those Romanians who had the misfortune to collaborate with such "scams," we have decided that through this order we will grant them another 6 months, during which they can change the installer. We receive a lot of complaints at the ministry and we will ensure that such unserious installers will no longer have access to financing programmes from the AFM, from the Ministry of the Environment, in the future," the relevant minister, Fechet, explained in the press release.Through these changes, the Ministry of Agriculture, Rural Development and the Environmental Fund Administration (AFM) aim to remedy the programme blockages and protect the interests of beneficiaries, ensuring the completion of projects under optimal conditions.Thus, the proposed changes include: extending the project implementation period to 18 months for beneficiaries who provide proof of requesting the connection certificate within the initial 12-month period; making the conditions regarding installers more flexible, by allowing the installer to be changed for the second time, after project approval; extending the implementation period to 6 months for beneficiaries who selected another installer after project approval.
Real estate developers building residential projects in Bucharest’s District 1 will now be required to contribute financially to the construction of elementary schools in areas lacking educational facilities, the district’s City Hall announced on October 31, Profit.ro...
A bipartisan group of senior members of the United States Congress is preparing legislation to block the Pentagon’s plan to downsize the American military presence in Romania and other NATO outposts along the alliance’s eastern flank,
Prime minister Ilie Bolojan announced that he would not attend the “Prime Minister’s Hour” debate scheduled in Parliament for November 3, citing prior commitments related to Romania’s defence industry partnership with Germany’s Rheinmetall AG. The session had been requested separately by the opposition Social Democratic Party (PSD) and the nationalist Alliance for the Union of […]
Agroserv Măriuța SA (BVB: MILK), a Romanian company in the agricultural sector and owner of the Lăptăria cu Caimac brand, announced the successful closing of the private placement for a new issue of guaranteed corporate bonds, through which it attracted the entire targeted amount of EUR 3 million. “This transaction allows us to refinance the […]
Austrian bicycle manufacturer Simplon will open a new production facility in Timișoara, western Romania, in early 2026, as part of a restructuring plan that will see a partial relocation of operations from its headquarters in Hard, Vorarlberg, Der Standard reported, as cited by Ziarul Financiar. The...
Metinvest BV (Netherlands), controlled by Ukrainian businessman Rinat Akhmetov, and Smart Steel Limited (Cyprus) want to buy ArcelorMittal Tubular Products Iași SA (Romania), owned by ArcelorMittal SA of Luxembourg, and notified the European Commission on October 21. This is the second acquisition that Rinat Akhmetov wants to make in Romania. The richest Ukrainian also intends […]
