The system of pensions paid to military personnel should be changed gradually until 2035 to avoid losing personnel, minister of defence Ionut Mosteanu said ina Digi24 interview, implying that the European Commission insists on a faster pace. "A gradual reform is needed until 2035. It's 10 years, any system can be reformed in 10 years (...) I believe that, if we have a clear calendar, which is constitutionally sound, the [European] Commission will also understand," Mosteanu said. Romania must reform its system of so-called "special" pensions so as to prevent the rise of the impact on the public budget, under the National Relaunch and Resilience Plan (PNRR). Ionut Mosteanu said that any decision related to military pensions will be made after discussions with their beneficiaries. He stated that, at the moment, these debates have not yet been initiated "because we do not have a very clear plan at this time to change the retirement method or the payment method of military pensions." "When we talk about military pensions, we are also talking about those in the Ministry of Interior and other institutions such as the intelligence services (SRI, SIE), state personal security services (SPP), special telecommunication services (STS) - all must be dealt with as a whole. At this moment, it is important to ensure that people have a very clear perspective on what is coming," said Mosteanu.
Sebastian Burduja, adviser to prime minister Ilie Bolojan and former minister of energy, warned of the security impact of the sale of major dairy Napolact to a group owned by a businessman close to the Hungarian prime minister Viktor Orban, according to
Romania could face energy poverty or even blackouts if coal-fired power plants are shut down before new gas-fired facilities at Iernut and Mintia are completed, energy minister Bogdan Ivan said in an interview with Digi24 on September...
Premier Energy (BVB: PE) has signed an agreement to acquire a 51% controlling stake in Iberdrola Renovables Magyarország, the Hungarian subsidiary of Spain’s Iberdrola. The company owns five operational wind farms with a combined installed capacity of 158 MW, commissioned between 2008 and 2010 in northwestern Hungary, one of Central Europe’s strongest wind regions. The […]
Prime minister Ilie Bolojan set up a committee to follow the pre-insolvency procedures at steelmaker Liberty Galati and its pipemaker subsidiary, Liberty Tubular Products Galati, controlled by billionaire Sanjev Gupta, and protect the rights of the tax collection agency ANAF and Exim Banca Romaneasca as the largest creditors,
Grampet Group, active in railway transportation, through its newly established subsidiary Biturom, has opened the largest bitumen melting capacity in Romania, according to Economica.net. The new facility, designed to deliver liquid bitumen for road construction projects in Romania and the Republic of Moldova, was opened on the industrial platform Rafo Onesti. ...
Romania plans to issue Samurai bonds and contract loans from multilateral banks such as EBRD or EIB to finance other green projects, finance minister Alexandru Nazare said at the CES ESG Conference 2025 in Bucharest on September 18. The country has already issued almost RON 10.8 billion (EUR 2 billion) in green bonds, allocated to […]
