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%).
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
Romania celebrates its National Day this long weekend, when December 1 is a public holiday, as is St Andrew’s Day. At the same time, several Christmas markets are opening in Bucharest, Brașov, and Timișoara.
Tășuleasa Social Association, which developed the long-distance trail Via Transilvanica, has developed a modular accommodation unit prototype, the first in what is to become a network of rural hospitality spaces. The network will cover areas along the trail that are isolated and lacking tourist infrastructure or communities with an aging population where there are no other […]
Hungary is interested in diversification and importing gas from the Neptun Deep reserve in the Black Sea, said Peter Szijjarto, the Foreigbn Affairs and Trade minister of Hungary at a press conference on energy topics. “Now, what the structure of domestic consumption and export of the gas exploited from Neptun Deep will be […]
Over 87% of Romanians have applied, in recent months, measures to reduce energy consumption in their homes or businesses, and over 60% are interested in investing in various energy efficiency projects in the next year, for increased comfort and to reduce their energy bills, reveals research carried out for the despre-energie.ro platform, a project of […]
