Romanian president Nicuşor Dan is paying an official visit to France on Monday and Tuesday, with a schedule that includes meetings with French leader Emmanuel Macron, Paris mayor Anne Hidalgo, and members of the Romanian community,
The government adopted several decisions in Tuesday’s meeting that establish the legislative framework for the exploitation of deposits and minerals in several areas of the country. The Government has approved a decision on the registration in the centralized inventory of state public property of the Dealul Jgheabului industrial and construction andesite deposit and the Paraul Romaneasa industrial and construction limestone deposit in the Rosia Poieni exploitation perimeter, Alba county, according to a press release issued on Tuesday. By approving the regulatory act, the necessary administrative procedures will be finalized. The affiliation to the state public property of these andesite and limestone mineral resources, as, in fact, of all mineral resources located on the territory and in the subsoil of Romania and of the continental shelf in the country’s economic zone in the Black Sea, is established by provisions of the Mining Law no. 85/2003, the Executive indicated. Mining is carried out on the basis of an exclusive license, which is granted through negotiation. Currently, the concession license is held by SC CUPRU MIN SA Abrud. The Dealul Jgheabului andesite deposit, with an area of 0.055 square km, is located in the northern part of the license perimeter of the Rosia Poieni mining operation. The Paraul Romaneasca industrial and construction limestone deposit, with an area of 0.24 square km, is located in the eastern part of the license perimeter of the same mining operation. Extended Licenses Through another government decision, the Additional Act to the concession license for copper ore, industrial and construction limestone, and industrial and construction andesite exploitation in the Rosia Poieni perimeter was approved. The Ciolacu Cabinet has approved the extension of the exploitation license in the Rosia Poieni perimeter for a contractual period of five years, until January 31, 2030. This extension is related to the need to update the annexes of the concession agreement and the technical-economic documentation outlining the conditions for mining activities during the agreed extension period. The Additional Act also amends other clauses of the exploitation license, such as the updated mining royalty in line with the latest legislative changes. On Tuesday, the government also adopted a decision approving the Additional Act to the concession license for dacite exploitation in the Tunel I – Magura Ilvei perimeter, Bistrita-Nasaud County. The exploitation license duration is extended by five years in this case as well. The concession agreement was concluded in 1999 between the National Agency for Mineral Resources, now the National Authority for Mining, Oil, and Carbon Dioxide Geological Storage Regulation, and the company Cariere Ilsom S.A. Nasaud, now transferred to Romcim SA. The extension is valid for a contractual period of five years, until January 31, 2030, with the possibility of successive five-year extensions. The Cabinet also approved the Additional Act to the concession license for dacite exploitation in the Poiana Ilvei – Magura Sturzii perimeter, extending the exploitation license duration for another five years until January 31, 2030, with the option of successive five-year extensions. The exploitation license extension will take place within the granted exploitation perimeter.
Romanian president Nicuşor Dan is paying an official visit to France on Monday and Tuesday, with a schedule that includes meetings with French leader Emmanuel Macron, Paris mayor Anne Hidalgo, and members of the Romanian community,
Romania’s profit share, defined as the proportion of value added distributed by non-financial corporations to capital rather than labour, fell for the second consecutive year to 48.1% in 2024, Eurostat reported on December 7. The ratio was 40.0% on average in the European Union, with below-average ratios in more developed countries such as France (32.2%) […]
The pension law "brutally violates the independence of the judiciary" and "de facto eliminates the service pension for magistrates," according to the reasoning published by the High Court (ICCJ) along with its decision to refer the magistrates' pensions law to the Constitutional Court, Ziarul Financiar reported. ...
The Romanian state, in a document on December 5, expressed its intention to take full control of the National Airports Company of Bucharest (CNAB), which operates Otopeni Airport and Baneasa Airport, where the minority shareholder Fondul Proprietatea has a 20% stake, Ziarul Financiar reported. The...
Romania's Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu, has selected 17 state-owned enterprises from a total of about 1,500 to undergo initial screening ahead of potential restructuring or liquidation. The decision marks the first stage of a wider overhaul programme announced by prime minister Ilie […]
The retail sales volume index in Romania recovered for the second consecutive month in October, when it increased by 0.9% m/m after the 1.3% m/m advance in September – but it was far from fully recovering the 4.0% m/m plunge seen in August as an effect of higher VAT rate enforcement amid already negative consumer […]