The Rabla Clasic and Rabla Plus car scrappage programs will be launched in early February and will have a budget of 1.2 billion lei in 2022, and the implementation of the two programs is planned, for the first time, for three years, the Minister of Environment, Tanczos Barna, announced on Thursday in a press conference.These programs aim to get at least 250,000 cars older than 15 years out of service by 2026. We will ensure in 2022 the largest budget that Rabla Clasic and Rabla Plus have ever had and this budget will be over 1.2 billion lei, the minister of environment said.He explained that, in order to reach the proposed goal for 2026, the scrapping bonus has been increased, and in 2022 a maximum amount of 16,500 lei can be reached if the beneficiary hands over for scrapping two cars, both older than 15 years. It will also benefit from a premium of 3,000 lei for hybrid or 1,500 lei for low CO2 emissions."So the number of cars is increasing from one to two. Two cars can be handed over for scrapping for a new car bought. We will have a budget of at least 1.24 billion lei. In 2023 we will increase by 10% compared to 2022 and in 2024 we will increase it by another 10% compared to 2023. Thus, 2024 will be the first year when the budget of Rabla Plus will exceed one billion lei, given that we will gradually reduce the budget allocated for Rabla Clasic, but without falling below the budget of 2021. And in 2024, the budget for Rabla Clasic will be higher than in 2021," Tanczos said.
Romania has reached a purchasing power per capita of EUR 11,105, approximately 45% below the European average – a figure that places the country in 31st place in the European top, according to the "NIQ Purchasing Power Europe 2025" study. Compared to 2024, Romania moved up one position in the NIQ ranking. Comparatively, at a […]
Ionuț Costea, former head of EximBank, and Sebastian Vlădescu, former finance minister, were released on November 5 following an extraordinary prescription procedure, according to a statement from Romania's High Court of Cassation and Justice (ICCJ). The two had been sentenced in 2023 to six and seven years in prison, respectively, for taking a EUR 5.5 […]
Prime minister Ilie Bolojan, who also serves as president of the Liberal Party (PNL), stated on November 4 that, at the meeting of the party's National Political Bureau the same day, support was renewed for resolving the issue related to special (magistrates') pensions this month, but also for the reform in public administration, according to
Knauf Insulation Romania, the local subsidiary of a division of the German group Knauf, has officially inaugurated its new glass mineral wool factory in Târnăveni, Mureș County, after an investment of EUR 140 million, for which the company also received EUR 18 million in state aid. "Our factory in Târnăveni, equipped with state-of-the-art technology, has […]
Corden BioChem, an expert in industrial biotechnology, could resume production at the bioethanol factory it took over from Swiss Clariant in southern Romania (or "Lesser Wallachia" as indicated by the company) at Podari, after the Competition Council authorised the takeover of the steam and electricity supplier. The company announced on its website that the Podari […]
Romania’s general government budget deficit can drop below 6.5% of GDP next year, possibly approaching 6% of GDP, to further drop below 5% of GDP if the tax evasion and tax avoidance are addressed, the head of the Fiscal Council, Daniel Daianu, said, speaking in a conference organised by Curs de Guvernare, as reported by […]
