Romanian authorities are reportedly investigating a potential case of Russian sabotage involving the deliberate contamination of Azerbaijani crude oil intended for OMV Petrom’s Petrobrazi refinery, G4media.ro...
The Polytechnic University of Bucharest (UPB) will coordinate the implementation of a project worth approximately 3,800,000 EUR on the creation of a center of competence in the field of adaptation to climate change, the funding to be provided through the National Recovery and Resilience Plan (PNRR), UPB informs in a release sent on Tuesday.A consortium coordinated by the Polytechnic University of Bucharest under the guidance of Prof. Mihai Datcu Phd, together with the Ovidius University of Constanta, the Romanian Space Agency, the National Research and Development Institute for Earth Physics and the Ion Ionescu de la Brad University of Life Sciences of Iasi submitted the proposal "Competence Center for Climate Change Digital Twin for Earth forecasts and societal redressment: DTEClimate", which won the competition for the field "Adaptation to climate change" organized within PNRR - Component 9 - Support for the private sector, Research, Development and Innovation, I5. Establishment and operationalization of Competence Centers PNRR-III-C9-2022 - I5.The project is to be carried out in the next 36 months and aims to implement the European strategy for adaptation to climate change in Romania by consolidating a national network of excellence.This network will interconnect research expertise and innovative approaches to support smart and systemic adaptation. "DTEClimate has the support of a wide community of users including central and local public authorities, organizations from the non-governmental sector that will actively support the expansion of public-private partnerships and the development of a culture of real and effective cooperation between the research environment and industry", shows the release.
Romanian authorities are reportedly investigating a potential case of Russian sabotage involving the deliberate contamination of Azerbaijani crude oil intended for OMV Petrom’s Petrobrazi refinery, G4media.ro...
Romania’s minister of environment Diana Buzoianu appointed two controversial members to the board of directors of Romsilva, the state forestry management company, on August 7, despite public concerns over their integrity,
Romania's banking sector has recorded the highest profitability in the European Union, despite maintaining one of the lowest loan-to-deposit ratios in the bloc, Ziarul Financiar reported, citing a report by the National Bank of Romania (BNR) based on European Banking Authority (EBA) data. According...
Non-EU e-commerce platforms that sell directly to consumers in Romania may generate tax losses of about RON 10.86 billion (some EUR 2.12 billion) per year by 2027 if their expansion continues at current rates, according to an impact analysis published by the Romanian Association of Online Stores (ARMO) and carried out by independent analyst Iancu […]
Nofar of Israel, which already operates the largest photovoltaic park in Romania, may receive a loan of EUR 68 million from the European Bank for Reconstruction and Development (EBRD) for three large photovoltaic parks that it is developing in the south of the country. The EBRD’s project is in the exploratory stage. The total capacity […]
Three major Romanian power producers burning fossil fuels, namely OMV Petrom, Romgaz, and CE Oltenia, are reportedly asking the Ministry of Energy to reimburse them for the value of the CO2 certificates purchased for the power produced and sold at a capped price (RON 450 or RON 400 per MWh, depending on the period), in […]