The Rabla Clasic and Rabla Plus car scrappage programs will be launched in early February and will have a budget of 1.2 billion lei in 2022, and the implementation of the two programs is planned, for the first time, for three years, the Minister of Environment, Tanczos Barna, announced on Thursday in a press conference.These programs aim to get at least 250,000 cars older than 15 years out of service by 2026. We will ensure in 2022 the largest budget that Rabla Clasic and Rabla Plus have ever had and this budget will be over 1.2 billion lei, the minister of environment said.He explained that, in order to reach the proposed goal for 2026, the scrapping bonus has been increased, and in 2022 a maximum amount of 16,500 lei can be reached if the beneficiary hands over for scrapping two cars, both older than 15 years. It will also benefit from a premium of 3,000 lei for hybrid or 1,500 lei for low CO2 emissions."So the number of cars is increasing from one to two. Two cars can be handed over for scrapping for a new car bought. We will have a budget of at least 1.24 billion lei. In 2023 we will increase by 10% compared to 2022 and in 2024 we will increase it by another 10% compared to 2023. Thus, 2024 will be the first year when the budget of Rabla Plus will exceed one billion lei, given that we will gradually reduce the budget allocated for Rabla Clasic, but without falling below the budget of 2021. And in 2024, the budget for Rabla Clasic will be higher than in 2021," Tanczos said.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
