The process of reopening the magnesium and graphite mines could start in 2023, with certain conditions regarding the quality of the graphite mines, Economy Minister Florin Spataru announced on Tuesday."We intend to finalise the approval of these normative acts by the end of the year, so that the actual investments can be made starting with 2023. For this we are discussing with the European Commission, to find the necessary resources through European funds for refurbishment," said Florin Spataru, at the conference "Romania and the top industries: How we can use the opportunity of the accelerated reset of the European economy".The Economy Minister specified that the graphite mines are reopening with certain conditions regarding the quality of this graphite.He stressed that the reopening of these mines and their refurbishment is a long process.At the same time, Spataru explained that the industrial policy has been revised at the EC level."137 critical raw materials on which the European Union is dependent have been identified, taking into account the objectives it has set, in terms of mobility and decarbonisation. Romania has some of these resources, which we have exploited for years, and after that, we closed the mines. For economic reasons, I do not comment on what happened, because this did not only happen in Romania," Florin Spataru added.According to him, one of the raw materials is magnesium, a very important element for aluminum production and for the automotive industry.
Accor, a global leader in hospitality, has announced the expansion of its presence in Romania by signing a franchise agreement with Amazonia Aquapark SRL for Novotel Timișoara. The newly built hotel is scheduled to open by the end of 2027, marking the brand's first property outside Bucharest and becoming a flagship for Novotel in Eastern […]
A survey published on Wednesday, May 14, by the Open Minds Association shows that Romanians strongly support respect and mutual support in the workplace, signaling that the business environment can play a critical role in supporting social unity. According to the first data set from the “Diversity and Inclusion Barometer,” May 2025 edition, 81% of […]
Eight of the largest business organizations active in Romania have voiced their concern over the accelerating deterioration of the business climate and the erosion of Romania’s credibility. The call is signed by AmCham Romania – American Chamber of Commerce in Romania, AOAR – Association of Romanian Businessmen, AHK – Romanian-German Chamber of Commerce and Industry, […]
Low-cost carrier Wizz Air announced six new routes from Timișoara and Brașov, two major cities in western and central Romania, respectively, as well as a third aircraft allocated to its Timișoara base. The additional aircraft will support the launch of five new international routes from Timișoara to Larnaca, Nuremberg, Basel, Frankfurt Hahn, and Naples, with […]
The Ploiești Court of Appeal reinstated the status of protected natural reserve for the Crâng Forest, a remnant of the famous Vlăsiei Woods, in a ruling made public on Tuesday, May 13. In 2024, the Buzău County Council approved the revision of a 1995 decision concerning the protection of natural areas and monuments, removing Crâng […]
Cristina Uruc, interim manager of Romania’s Artexim - the organizer of the George Enescu International Festival and Competition, has been unanimously elected president of the European Association of Artist Managers (AEAA). The decision was made during the organization’s General Assembly held recently in Istanbul, hosted in partnership with Borusan Sanat, one of Turkey’s leading cultural […]
