Environmental advocacy NGO Greenpeace Romania filed a preliminary complaint with the Constanta Environmental Protection Agency (APM), requesting the cancellation of the environmental permit for the Neptun Deep offshore gas project, the organization announced in a release on Friday.The move comes as a result of APM Constanta's decision to release the permit despite the issues highlighted by Greenpeace and which include: the absence of an adequate assessment of the long-term impact on water resources, the lack of an adequate assessment of the impact on the climate, the absence of a risk analysis amid the ongoing war in the neighboring area, the absence of a geological survey, and the absence of genuine public consultations regarding the risks related to this project."This project will keep Romania stuck in the era of fossil fuels and will further accelerate the already highly impacting climate crisis effects. The heat waves we have experienced in the past weeks will be increasingly intense," declared Vlad Catuna, coordinator of the Greenpeace Climate and Energy campaign.Greenpeace Romania has sued companies OMV Petrom and Romgaz, the Tuzla City Hall and Local Council, the Dobrogea Seaside Watershed Administration and the Grigore Antipa National Institute for Marine Development and Research for irregularities in the approval processes and lack of transparency over crucial data regarding the toxic substances that will be discharged into the Black Sea.The environmental organization also launched a petition for the protection of the Black Sea and the halt of the Neptun Deep project, which can be consulted on the dedicated website (https://suport.greenpeace.ro/salvammareaneagra).In a recent interview for Agerpres, OMV Petrom CEO Christina Verchere said that the Neptun Deep project "is on track to deliver the first amounts of natural gas in 2027, within the limits of the initially announced budget of up to four billion euros", and that drilling is supposed to start in 2025.
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
