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%).
A truck belonging to a Moldovan transport company loaded with weapons was detected at the Albita Customs, at the entrance to Romania, on November 20, Europa Libera Romania reported. According to the documents, it was intended for an Israeli beneficiary, but this has not been...
The Constitutional Court of Romania (CCR) will rule on December 10 on the objections expressed by the opposition party AUR against the revised law that includes higher taxes and better tax collection procedures, passed by the Parliament on November 18 in an amended form, such as to incorporate the issues already spotted by the CCR […]
The Social Democrat (PSD) candidate for the Bucharest mayor seat, Daniel Baluta, mayor of District 4 and president of PSD Bucharest organisation, leads with 26.6% of the general voting intentions expressed in the latest poll conducted by Inscop for Informat.ro. He is closely followed by the Liberal (PNL) candidate Ciprian Ciucu, currently mayor of District […]
Cris-Tim Family Holding (BVB: CFH) shares will start trading on the Bucharest Stock Exchange on November 26, following one of the most heavily oversubscribed initial public offerings ever conducted on the local market for retail investors, Ziarul Financiar reported. The listing follows a RON...
Banca Transilvania (BVB: TLV) is preparing to launch a new Additional Tier 1 (AT1) bond issue, denominated in euros, with an indicative coupon of 7.625% (semiannual payment), according to Bloomberg information consulted by Economedia.ro. The instrument is a EUR Benchmark Perpetual...
Banca Comercială Română (BCR, part of Erste Bank Group) raised EUR 500 million through its second Eurobond issue, strengthening its access to international capital markets. The issuance follows a local bond sale earlier this month and forms part of the bank’s broader funding strategy. BCR stated that the transaction secured “one of the most competitive […]
