Greenpeace Romania activists request the Bucharest Court to "immediately suspend" the environmental agreement for the Neptun Deep project and claim that the Constanta Environmental Protection Agency issued the environmental agreement in serious violation of the legal provisions and associated procedures."While OMV Petrom and Romgaz claim that the carbon footprint of the Neptun Deep project is zero, that these emissions do not exist, we will certainly feel their impact. Even in the last weeks, Romania has faced consecutive heat waves, severe drought and quantitatively significant precipitation. This project will only fuel the climate crisis we are facing, threaten marine biodiversity and endanger public health. We will continue the series of public awareness events, protests and actions in court and we will hold accountable all the authorities and companies that tried to destroy the Black Sea," said Alin Tanase, Greenpeace Romania campaign coordinator, in a press release sent on Monday.In the view of Greenpeace Romania, the Neptun Deep project raises serious concerns related to environmental protection, climate change and compliance with legislation.Until now, Greenpeace Romania has sued the OMV Petrom and Romgaz companies, the Tuzla City Hall and Local Council, the Dobrogea Water Basin Administration - Littoral and the Grigore Antipa National Research - Marine Development Institute for irregularities in the approval processes and lack of transparency in connection with crucial data regarding the toxic substances that will be discharged into the Black Sea.The organization also launched a petition to protect the Black Sea and stop the Neptun Deep project, which collected over 37,000 signatures.
The new factory that the local subsidiary of German group Knauf, Knauf Insulation, built central Romania at Târnăveni, began producing glass mineral wool in January 2025, the company announced on January 22. The factory will ensure an annual production of approximately 75,000 tonnes of mineral wool that will serve both domestic needs and other Knauf […]
The mergers and acquisitions (M&A) market in Romania amounted to EUR 6.3 billion (USD 6.6 billion) in 2024, down 6% compared to the estimated value for 2023 (USD 7.1 billion), with the number of transactions being 10% higher (241), according to an E&Y analysis. Mega-deals excluded (there were two in 2023 and none in 2024), […]
Camelia Ene, the former CEO of MOL Romania, has been appointed CEO of ROCA Industry, the Romanian holding company of construction materials manufacturers. Ionuț Bindea, who has been the CEO for almost three years, will serve as chairman of the board of directors of ROCA Industry. Furthermore, as Senior Investment Manager of ROCA Investments, he […]
The going-out options include a variety of exhibitions and a selection of David Lynch films. In Bucharest: Four masterpieces of David Lynch January 23 – January 26 Cinemateca Eforie runs a program that pays homage to American filmmaker David Lynch, who passed away last week. The films that will be screened are The Elephant Man, […]
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
