The French Embassy in Bucharest launched on Monday the fourth edition of the competition for good practices on sustainable cities.According to the initiators, the competition aims to support the actions taken by local authorities in Romania that are part of the dynamics of sustainable development and ecological transition in terms of waste management, energy efficiency and circular economy, urban mobility, water and sewerage, urban reconversion and heritage rehabilitation."The project competition is addressed to the administrative-territorial units in Romania (counties, municipalities, cities, communes), which have made or will initiate an innovative project related to the sustainable development of their territory. Within this competition, the interested administrative-territorial units can submits projects that have actually been completed (in the period 2018-2022), are in progress or that are mature enough to benefit from European co-financing", reads a press release sent on Monday.The competition rules and the registration form are available on the website of the French Embassy in Romania, and the files must be submitted by Friday, June 17.The jury will select two administrative-territorial units, one for each of the two categories: "Small and medium-sized cities" (cities and communes) and "Large cities and counties" (counties and municipalities).The awards ceremony will take place on the occasion of the "Sustainable City" Conference, which will be organized on July 4 and 5 by the French Embassy, the French Institute in Romania, the French Chamber of Commerce, Industry and Agriculture in Romania (CCIFER) and Business France.
Rompetrol Rafinare, a KMG International Group (Rompetrol) member company, announced it recorded in the first nine months of 2024 a gross turnover of USD 3.57 billion and an operational result (EBITDA, an indicator that measures the company's profitability before deducting depreciation, interest, fees, and taxes) of about USD 125 million. The financial results were impacted […]
The Romanian natural gas group Romgaz (BVB: SNG) announced that it obtained a net profit of almost RON 2.3 billion (EUR 460 million) in the first nine months of this year, 4.8% more compared to last year, according to a note sent to investors. The company's total revenues dropped by 16.3% y/y to RON 6.13 […]
Romania's energy group OMV Petrom announced that Transocean Barents, the mobile semi-submersible offshore drilling unit contracted for the Neptune Deep natural gas extraction project, has arrived in Constanta. "The arrival of the platform marks a crucial moment in our effort to develop the first gas project in the deep water area in Romania, together with […]
Romania's economy will expand by only 1.4% in 2024, slowing down from 2.4% in 2023 and 4.0% in 2022, but it will gradually recover to stronger growth rates in the coming years: 2.5% in 2025 and 2.9% in 2026, according to the European Commission's Autumn 2024 Economic Forecast. The rebound will be driven by a […]
If you’re searching for a hidden gem in Europe, Romania is calling your name. Tucked between the Carpathian Mountains and the Black Sea, this country is an untouched marvel, combining natural beauty, rich history, and endless opportunities for entrepreneurs and retirees alike. Romania offers a unique blend of modern life and ancient charm, making it […]
Let’s talk about the lack of connection with our body and how this is closely tied to burnout, plus, what to do about it. So often throughout the day, we live almost entirely in our minds. We’re focused either on what we have to do at the moment—tasks that increasingly demand mental effort over physical […]
