The health costs caused by air pollution in Bucharest are the biggest in Europe and reach approximately 3,000 euro/person,that is why Low Emission Zones (LEZ) must be implemented by 2025 to improve air quality, say 2Celsius experts in a specialized analysis. "The health costs caused by air pollution in Bucharest are the highest in Europe, about €3,000. At the same time, the European Environment Agency announces that air pollution remains the main environmental risk to the health of Europeans and estimates that at least 253,000 deaths in the EU in 2021 can be attributed to exposure to fine particulate matter (PM2.5) above the WHO recommended concentration of 5 micrograms per cubic meter", the source cited. According to a research, made by 2Celsius and Ecopolis in 2023, through which the level of NO2 was monitored from 21 locations in Bucharest, exceedances of the legal limit values were recorded at six points. NO2 is a gas resulting from road traffic, industrial activities and power generation and, in high amounts, affects human health, causing in particular respiratory diseases.In this sense, the environmental organisation presented a proposal for the implementation of such areas in the Report on waste burnings and other materials valuable in Bucuresti and Ilfov, made by Ecopolis and AerLive in 2021.‘In such areas, the use of transport means which are less polluting, such as electric cars, bikes or ecological public transport, applying taxes and restrictions for conventional motor vehicles which meet the standards for emissions already established. The implementation of the low emissions zones means a seris of administrative and technical measures, including the installation of adequate signals, the monitoring of emissions levels and implementation of sanctions for breaking regulations’ consider the representatives of the association.The 2Celsius Association is a non-governmental organization established in 2010 with the aim to influence climate change policies at national and European level.
German company Henkel, with over 500 employees in Romania, has opened a new headquarters in Bucharest, marking a fresh chapter in its three-decade presence in the local market. The space blends Henkel’s “Smart Work” concept with Romanian cultural design elements inspired by Constantin Brâncuși and traditional motifs, while a dedicated quiet zone pays tribute to […]
Ruling on the draft law on the disbursement of privately-managed pensions, namely 2nd and 3rd Pillars, inked by the Financial Supervisory Authority (ASF), promoted by the Romanian government and approved with amendments by the Parliament, the Constitutional Court (CCR) concluded that the capping the single payment granted before the start of the monthly payments to […]
The revised bill that bans the cumulation of the public pension of a special (non-contributive) nature with a wage paid in the budgetary sector, currently available for public debate, will be amended so as to restrict the exceptions provisioned in the original form, labor minister Florin Manole said, according to
The Romanian business community reiterated its firm call to decision-makers to eliminate the minimum turnover tax (IMCA), in view of the discussions on the construction of the state budget for 2026, according to a statement signed by more than 100 employers' federations, business associations, and chambers of commerce in Romania. The Romanian government will address […]
Romanian president Nicusor Dan reiterated in a speech at the 2025 Digital Governance Summit organised by Edge Institute at Cotroceni Palace and published on the Presidency's webpage, thus making it somewhat official, an invitation addressed to the "private community" to draft regulations and sectoral policies that the state is unfortunately unable to design, such as […]
Premier Energy Group (BVB: PE), a leading vertically integrated utility company in Southeastern Europe listed on the Bucharest Stock Exchange, reported its normalized revenue grew 40% y/y to EUR 1.17 billion, while normalized EBITDA rose by 36% y/y to EUR 94 million in the first nine months of 2025. On a reported IFRS basis, revenue […]
