The government on last Thursday approved, by emergency ordinance, the granting of a state aid worth 3.9 billion RON to the company Complexul Energetic Valea Jiului S.A [Energy Complex - editor's note] for the implementation of the mining closure plan to take place in stages between 2025 and 2032.The minister of energy, Sebastian Burduja, stated, at the Victoria Palace, that the government thus transposed the approved decision at the level of the European Commission."Indeed, in Valea Jiului, in the last two years, two and a half years, we have gone from a company that was basically bankrupt, the Hunedoara Energy Complex, to a very complicated transfer of funds to a new company - Complexul Energetic Valea Jiului, after which we began an extensive negotiation process with the European Commission for the approval of a state aid. In all European countries, the safety of mining operations was done with state aid, therefore with support, because it involves certain costs of extracting the open coal reserve, of making the operations safe, of greening the perimetres. Today, the Romanian government has transposed, by emergency ordinance, the decision approved at the European Commission level for a total amount of 3.9 billion RON until 2032," said Burduja.According to him, this money goes towards the closure and safety of the four mines in Valea Jiului: Lonea, which will close at the end of this year, Lupeni - on June 30, 2026 and Vulcani and Livezeni - at the end of 2030.
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
