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.
The Titan Heavy Machinery (Mașini Grele) industrial platform in Bucharest’s District 3 will be put up for public auction, as part of the insolvency procedure, with a starting price of EUR 16 million. The assets include a 47,286 sqm plot of land, industrial halls with a total area of 34,870 sqm, an office building (Basement […]
Railway unions in Romania criticized the government’s plans to cut costs for the national railway operator, CFR, in a press release published on Wednesday, July 23. They say that low investments in rail infrastructure have lowered the average speed at which passenger trains travel to 44 km/h, while freight trains do not exceed 17 km/h. […]
A video mapping show is scheduled to take place this Friday, July 25, at Cinema Marconi, a former cinema hall in Bucharest which has been lying in ruins for years. The building is located at the intersection of Calea Griviței and Atelierului Street, in the city's historical Buzești-Berzei area. The event, organized by the non-profit Arcen, will […]
Roughly 69% of respondents to the Voice of the Consumer 2025 survey conducted by PwC Romania use apps or smart devices, which have influenced their daily habits, with a third even stating that they have significantly changed their lifestyle. The use of health monitoring devices, such as smartwatches or glucose monitors, shows that Romanians are […]
The Oradea Pride March will take place, even though Oradea City Hall has "banned" the event, according to the organizers, the ARK Oradea Association. Oradea City Hall denied ARK’s request to hold the march, citing public works and other public gatherings on each of the 11 proposed routes. No alternative routes were proposed, but the […]
Romania and Poland stand out as the most pet-loving countries in Europe, with high percentages of ownership for both cats and dogs. Romania ranks first for cats and third for dogs, while Poland ranks second in both categories, according to an analysis by Swedish website for feline lovers Kattly, cited by Reuters. The analysis shows […]
