Romania will enter the map of major manufacturers of battery components after signing a memorandum with a company that will build a lithium refinery, Minister of Energy Virgil Popescu told a press briefing on Monday, at the Government headquarters."I am very happy that Romania will be on the map of the big manufacturers of battery components. Because we have to say, no battery can work without lithium. Basically these refineries, these two refineries that will be built in Europe will make this lithium powder, one in Germany, one in Romania. (...) Romania will benefit from an investment of about 400 million euros, jobs and will be put on the map of the electric batteries producer. (...) Within the European legal framework, the Romanian Government pledged to grant state aid to investors who come to invest in Romania," said Virgil Popescu, at the end of the signing ceremony of the Memorandum of Understanding with RockTech Lithium.The director of the German-Canadian company RockTech Lithium, Dirk Harbecke, mentioned that the European Union will use electric cars on a large scale, and to this end, the car industry needs to be prepared to have the necessary components. He said that a first production unit would be installed in Germany, on the border with Poland, and a second production unit for these components would be built in Romania. The investments that the company will make in Romania will lead to the direct or indirect creation of 700 jobs, and the components will be used to equip an average of 500,000 vehicles per year. RockTech Lithium is a Canadian company that produces lithium hydroxide, used in electric vehicles’ batteries. Besides Canada, the company also has operations in Germany, with the aim of “scaling up production right at the heart of Europe’s automotive industry.” Last week, the Ministry of European Projects announced it had discussions with a team from Varta, which considers Romania as a location for a new factory for electric car batteries. According to deputy minister Roxana Minzatu, part of the €1 billion investment could be financed from EU funds.
A painting estimated at EUR 2 million that was stolen from an Oxford university art gallery roughly four years ago was recovered in Romania and returned to the UK judicial authorities last month, the Romanian Police announced. According to the BBC,...
Romania's national team will play in Group B at Debrecen in the 2024 European Women's Handball Championship alongside the teams from Montenegro, the Czech Republic, and Serbia, according to the draw held in Vienna. The Romanian team was part of the second pot and was the first drawn. Romania qualified undefeated for the final tournament, […]
Bucharest City Hall, through the General Directorate of Social Assistance of the City of Bucharest (DGASMB), and UNICEF Romania inaugurated on Thursday, April 18, a new integrated social services unit for vulnerable children in the capital city. The Respiro center for children with disabilities and their families, named The Magical Rainbow, will provide free services such as […]
Romania is inching closer to admission into the US Visa Waiver Program, a national strategic objective, according to the government. The country is increasingly close to meeting the technical criteria for joining. To be part of the program, countries need to have an applicant refusal rate below 3%. To reach this goal, the government says […]
Document 56, a Romanian short feature by Christopher Landry, will have its world premiere at The Beverly Hills Film Festival, where it has been chosen in the Official Selection. The event’s 24th edition is scheduled for May 1-5. Director Landry and composer Călin Țopa will be in attendance for the BHFF screening. The Romanian short […]
The Easter Fair in Bucharest might have been canceled, but the public can still visit two Palm Sunday fairs hosted by the museums dedicated to village culture, while many cities in the country host Easter fairs with ample programs. Palm Sunday Fair @ Dimitrie Gusti Village Museum in Bucharest April 26 – April 28 The […]
