The Action Plan for the National Circular Economy Strategy has been adopted by the Government in Bucharest, thus fulfilling one of the milestones of the Waste Management Reform of the National Recovery and Resilience Plan (PNRR). According to a press release of the Department for Sustainable Development of the government, the action plan for the National Strategy regarding circular economy presents the vision and the concrete actions on short, medium and long term (2032), the role of the public and private entities, and the public in general as well as the degree of their involvement in the implementation and allows the government of Romania, through the Committee for coordination for circular economy of Romania, to initiate coherent measures to develop good governance and in order to strengthen the basis of the circular economy.The National Circular Economy Strategy identifies seven economic sectors for which the full potential of the circular economy is to be exploited, namely: Agriculture and Forestry; Automotive; Construction; Food and Beverages; Packaging (glass, paper and plastics, etc.); Textiles; Electrical and electronic equipment, batteries and accumulators. To these economic sectors are added Waste and Water, as well as a cross-cutting area dedicated to activities supporting circular economy measures (e.g. promoting responsible consumption and environmental education; developing a digital platform to track and communicate on the implementation of circular economy actions, performance indicators and other relevant information). The development of the Circular Economy Action Plan (CEAP) by the Department for Sustainable Development, in collaboration with the Ministry of Environment, Water and Forests (MMAP) and the Ministry of Economy, Entrepreneurship and Tourism (MEAT) was carried out within the framework of a project funded by the Technical Support Instrument managed by the European Commission's Directorate-General for Structural Reforms - DG Reform. The overall objective of this strategy is closely linked to the Sustainable Development Goals (SDGs) of the UN 2030 Agenda and the global climate targets, as well as the new European Union (EU) targets of the ECAP, in line with the principles and actions promoted under the EU Green Pact.
Bucharest’s District 4 will soon have 50 new high-power charging stations for electric vehicles, mayor Daniel Băluță announced on Wednesday, July 2. Each station will feature two charging points, allowing up to 100 drivers to charge their vehicles simultaneously. The new infrastructure aims to support the growing adoption of electric mobility in the capital while […]
FintechOS, a leader in financial product management, appointed Sorin Mirea as Vice President of Commercial for Central and Eastern Europe (CEE), effective May. With more than 20 years of experience in the banking industry and a solid transition to the technology sector, he will lead the company’s growth strategy in key markets such as Romania, […]
Ecolet, the B2C brand of the Alsendo Group, has acquired the commercial operations of Curier Online in Romania, marking a significant step in Alsendo’s expansion strategy in Southeastern Europe. The transaction strengthens Ecolet’s position in the local e-commerce logistics market and enhances its technological offering for B2C and C2X clients. Through the deal, Ecolet takes […]
OMRO, the lending branch of the fintech Filbo, together with Filbo Pay and Easybill, listed RON 12.3 million (EUR 2.4 million) in corporate, unsecured bonds on the Bucharest Stock Exchange on July 1. This is OMRO’s fourth issue of corporate bonds. OMRO32 bonds have a nominal value of RON 100 per bond and a variable […]
The Ploiești Court found on Tuesday, July 1, that former tourism minister and influential politician Elena Udrea can be conditionally released from prison. The decision is not final and has reportedly been contested by the National Anticorruption Directorate, or DNA. Udrea is currently hospitalized at the Ploiești County Emergency Hospital, after undergoing surgery on Sunday, June […]
The foreign exchange reserves of the National Bank of Romania, or BNR, totaled EUR 58.281 billion at the end of June 2025, up by 4.71% compared to May 31, 2025. During the month of June, there were inflows of EUR 6.1 billion, representing changes in foreign currency minimum reserves established by credit institutions at the […]
