Expenses for environment protection at national level amounted to 15.7 billion lei in 2020, representing about 1.5% of GDP, and the largest expenses for environment protection, 71.6% were registered in the field of waste management, according to data published on Friday by the National Statistics Institute (INS). “In 2020, expenses for environment protection at national level amounted to 15.7 billion lei, representing about 1.5% of GDP. At national level, the largest expenses for environment protection were recorded in the field of waste management , representing 71.6% of total waste management expenses. At national level, the biggest investments for environment protection were recorded in the field of waste water management in public administration, representing 79.7% of total investments in the field of waste water management,”INS data show. At national level, public administration investments have the biggest share in overall investments for environment protection (54.5%), being followed by investments of unspecialized producers (31%) and those of specialized producers (14.5%). Unspecialized producers recorded the highest expenses for environment protection in the field “electric and thermal energy, gas and warm water production and supply (33.8%), in the “processing industry”sector (23.9%) and in the water treatment and distribution sector (19.2%). In environment domains, the largest expenses were recorded for waste management (39% of overall expenses for environment protection at national level), followed by expenses for residual water management (21.1%) and expenses for air protection and climate (20.5%).
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
