The Government approved on Wednesday, by decision, the granting of state aid to the Oltenia Energy Complex (CEO) worth over 279 million lei to finance the expenses with greenhouse gas emission certificates for this year.According to a Government's press release, the granting of this state aid for restructuring was approved, in the form of a grant, intended to finance the expenses with greenhouse gas emission certificates for 2025 and compliance with legal environmental obligations by the company."This measure is part of a larger plan, approved and monitored at European level, for the restructuring of the company, which provides for a total allocation of grants worth 1.090 billion euros for the period 2021 - 2025. This CEO restructuring plan was authorized by the European Commission in January 2022," the press release informs.To date, the Oltenia Energy Complex has received grants totaling 946.4 million euros for the acquisition of greenhouse gas emission certificates in 2021, 2022, 2023 and 2024. The total authorized state aid, in the form of a grant, for 2025, is worth approximately 705 million lei, the Government informs.According to the press release, the state aid granted to CEO is essential for maintaining the company's viability and complying with the commitments assumed in the Restructuring Plan authorized by the European Commission. (Photo:https://www.facebook.com/)
President Nicușor Dan has nominated Senate president Ilie Bolojan, a leader of the National Liberal Party (PNL) and former interim president, for the prime minister seat. Dan said Bolojan is “the best person to carry out the needed adjustments in the state administration.” He pointed to Bolojan’s track record with reducing spending, and said he has […]
Balkanik Festival – Home of World Music, set to take place at Uranus Garden between September 5 and September 7, lines up this year artists who "celebrate that form of joy that does not ignore reality, but faces it with beauty, energy, and solidarity," the organizers said. The artists performing in September in Bucharest will […]
The mayor of Timișoara, Dominic Fritz, announced on Friday, June 20, that two new bridges over the Bega River will be built in the city. The bridges will be financed with EU-backed funds worth over RON 130 million. The bridges in question are the Solventul Bridge, which will connect Gării Street to Dâmbovița Boulevard and […]
A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in rectangular pits with rounded corners, although some no longer retain their original outline, having been disturbed by the passage […]
The George Enescu Philharmonic Orchestra will deliver on June 26 a concert marking Romania Day at the Osaka World Expo. Additionally, the Bucharest-based orchestra will present a series of other concerts and recitals, both within the Romanian Pavilion and outside, at Toyonara Hall in Osaka. The George Enescu Philharmonic Orchestra's concerts will be conducted by […]
Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area. This marks the official launch of Sphera Group’s development plan for the premium Italian brand of coffee, gelato, and pastry. Under the plan, it will open four locations […]
