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%).
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
