The government on last Thursday approved, by emergency ordinance, the granting of a state aid worth 3.9 billion RON to the company Complexul Energetic Valea Jiului S.A [Energy Complex - editor's note] for the implementation of the mining closure plan to take place in stages between 2025 and 2032.The minister of energy, Sebastian Burduja, stated, at the Victoria Palace, that the government thus transposed the approved decision at the level of the European Commission."Indeed, in Valea Jiului, in the last two years, two and a half years, we have gone from a company that was basically bankrupt, the Hunedoara Energy Complex, to a very complicated transfer of funds to a new company - Complexul Energetic Valea Jiului, after which we began an extensive negotiation process with the European Commission for the approval of a state aid. In all European countries, the safety of mining operations was done with state aid, therefore with support, because it involves certain costs of extracting the open coal reserve, of making the operations safe, of greening the perimetres. Today, the Romanian government has transposed, by emergency ordinance, the decision approved at the European Commission level for a total amount of 3.9 billion RON until 2032," said Burduja.According to him, this money goes towards the closure and safety of the four mines in Valea Jiului: Lonea, which will close at the end of this year, Lupeni - on June 30, 2026 and Vulcani and Livezeni - at the end of 2030.
The United States has temporarily suspended the implementation of the Electronic System for Travel Authorization (ESTA) for Romanian citizens as it conducts a review of Romania’s recent designation into the Visa Waiver Program (VWP). The US Department of Homeland Security (DHS) announced that the review is aimed at ensuring compliance with the VWP’s security requirements. […]
A team of students from the Faculty of Economics and Business Administration (FSEGA) at Babeș-Bolyai University (UBB) in Cluj-Napoca won the gold medal at the 29th edition of the international economics case study competition titled ‘NIBS Worldwide Case Competition.’ The competition held in Nanchang, China, brought together 16 university teams from 13 countries, qualified through […]
Metrorex, the public authority managing Bucharest’s subway system, will install protective panels on platforms, starting with the Line 4 (Gara de Nord 2 - Gara Progresul) currently under construction, Profit.ro reported. The new stations will be equipped...
Romania has the lowest budget allocation for research among European Union (EU) member states, according to the latest infographic published by the Social Monitor, a project of the Friedrich Ebert Foundation Romania. In 2023, Romania allocated just...
Pavel Popescu, the vice president of media regulator ANCOM, said in an interview with Politico published March 24 that Romania is fighting an information war with Russia to stop election meddling, and not censoring speech, as many US officials and figures like Elon Musk have said. The Politico article names Romania “ground zero in a […]
More than 2,300 military personnel from Romania and 11 allied nations, namely Albania, Bulgaria, Canada, France, Greece, Italy, the Netherlands, Spain, the United Kingdom, the United States, and Turkey, will take part in the multinational military exercise Sea Shield 25, set to take place from March 31 to April 11. Training sessions will be conducted […]
