The construction materials producer, Holcim, invested over 25 million euros to increase the production capacity of the cement factory in Campulung Muscel.According to a press release of the company sent on Friday, the investment comes 15 years after the implementation of another major project to renovate the factory, worth over 100 million euros.The purpose of the investment in Campulung Muscel is to address the existing need for cement on the construction market in Romania, but also to strengthen Holcim's efforts to have sustainable operations, by streamlining the logistics process and reducing the volume of CO2 emissions from long-distance transport of construction materials."Campulung cement factory directly supports, through its employees, more than 200 families from this area and, indirectly, another 200 families through local contractors and suppliers. At the same time, it is an important nucleus for the development of the local community in the Campulung area, through social responsibility projects sustained over time. And each investment in the Campulung factory represents a source of pride and motivation for those in the towns surrounding the factory. The Campulung cement factory is among the top Holcim operations in global level in terms of the performances and technologies implemented in the Plants of Tomorrow project dedicated to automation, digitization and the development of sustainable operations", the press release informs.Since taking over the activity in Romania, in 1997, and until the end of 2022, Holcim has invested over 900 million euros and transformed operations into more sustainable and safer ones for employees.The Holcim Romania group of companies includes Holcim Romania (two cement factories in Campulung Muscel and Alesd, a grinding station, 28 concrete stations, four aggregate stations, two special binder stations, three cement terminals, three work points for waste pre-treatment - through Geocycle) and Somaco Grup Prefabricate.In total, the Holcim Romania Group has approximately 2,000 employees.
This loan agreement is DRI’s first internationally led syndicated financing, first certified green loan, and first multi-currency loan. The Vacaresti solar park, located in Dambovita County, Romania, has an installed capacity of 126MWp, enough to power about 50,000 households and avoid 48,600 tonnes of carbon emissions per year. DRI, the EU renewables arm of DTEK, together […]
Mircea Spiridon, a 50-year-old Romanian man, died in the Spanish region of Tres Cantos while saving an 83-year-old man, the owner of the riding stables razed to the ground in the same fire. The Romanian arrived in Spain 20 years ago. Married and with two children, ages 14 and 18, he was a mechanic by […]
The Bucharest International Air Show (BIAS) is set to launch the first exclusive NFT collection together with the National Institute for Research and Development in Informatics, ICI Bucharest. NFTs (Non-Fungible Tokens) gained popularity in the last few years as a way of owning unique digital objects. The NFT collection, titled “Cloud Chasers,” will be presented and […]
Sema Real Estate, one of the leading players in Romania’s real estate sector, announces a partnership with the Romanian fintech company Finqware to implement FinqTreasury, a key platform for the optimization and digitalization of financial operations in the real estate industry. Efficient management of collections and payments, rapid visibility into financial flows, and the elimination […]
At the British School of Bucharest (BSB), community engagement isn't an afterthought — it’s the heartbeat of school life. Guided by the spirit of #WeAreBSB, the school embraces four core mottos that shape everything from classroom discussions to student-led initiatives: #CONCERN for others, by being kind to the community #CONCERN for our planet, by being […]
Two individuals who received sums of money claiming to facilitate the acquisition of Romanian citizenship were convicted in absentia on Monday, August 11, in Chișinău for influence peddling and are wanted by Moldovan authorities. The two told citizens of the Russian Federation that they had influence over officials at the Romanian Consulate in Odesa and […]
