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 state, through the Ministry of Transport led by Ciprian Şerban, is analysing the possibility of taking over the 20% stake that Fondul Proprietatea (BVB: FP) holds in Porturi Maritime Constanţa (CNAPMC). The move would make the state the sole shareholder of Romania's most important logistics hub, responsible for import-export, transit, storage, and operation […]
Romanian companies are increasing investment and accelerating digital transformation, but remain more cautious about the economic outlook than their EU counterparts, according to the European Investment Bank's newly released EIB Investment Survey 2025 – Romania overview. The report showed that 78% of Romanian firms invested in the past year, an improvement over previous editions yet […]
Wizz Air announced on Monday, December 8, the reopening of its base in Târgu Mureș, marking the company’s ninth operational base in Romania. The low-cost carrier will station an Airbus A320neo at Transylvania International Airport, increasing its Romanian fleet to 39 aircraft this winter. Wizz Air now offers 10 routes to eight countries from […]
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 […]
