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.
JUNE agency becomes the communication partner for Generatik, the digital platform for planning mall advertising campaigns, launched by Brand Management. The partnership between the two teams is not only about visibility, but also about the responsibility of bringing to the forefront a product that redefines the way brands plan their presence in shopping malls. Together, […]
Cargus has announced an investment of over EUR 500,000 in a new logistics hub in Drobeta-Turnu Severin, marking a significant expansion of its operations in southwestern Romania. The courier company, one of the leading players in the local market, is relocating to a newly built facility that doubles the size of its previous hub in […]
Things that are hot today in the social media world are over tomorrow. Jumping on a trend at the opportune time can blow you up. You don't even require a whole production team to get on board. All you need is a good tool. It is here that the CapCut App comes in. This multi-purpose […]
Milk Teeth (Dinți de lapte), the second fiction feature written and directed by Romanian filmmaker Mihai Mincan, will have its world premiere in the competitive Orizzonti section of the 82nd Venice International Film Festival, taking place between August 27 and September 6. The official selection was announced Tuesday, July 22, during the festival’s press conference. […]
Real estate developer Forte Partners announced the start of construction on the office component of U Center 3, a EUR 100 million investment in Bucharest, following the issuance of the building permit at the end of June 2025. The residential part of the final phase of the U Center project will begin in 2026. Following […]
More than half of Romanians believe the communist regime was more of a good thing for Romania, with nearly 56% saying more positive than negative developments occurred under communism. The finding comes from a new INSCOP Research survey commissioned by the Institute for the Investigation of Communist Crimes and...
