During 2022-2030, the European Union will allocate significant sums for investments in renewable energy production and storage capacities, energy efficiency, modernization and expansion of electricity networks and other energy fields. The implementation of these projects was envisaged in the context of the European Union’s energy efficiency and decarbonisation policies and objectives. The need for these investments is amplified by the new political discourse on increasing the European Union’s energy independence, generated in the context of the conflict in Ukraine. National Recovery and Resilience Program – the first calls scheduled for 2022 through the the National Plan for Recovery and Resilience, in the period 2022-2026, 1.62 billion euros will be allocated under the Energy component, money allocated for investments in wind and solar energy production and storage capacities, green hydrogen production capacities, cogeneration, investments in the entire value chain of photovoltaic batteries, cells and panels, but also to ensure energy efficiency in the industrial sector. For Measure I1, intended for investments in new renewable energy production and storage capacities, the Ministry of Energy published, in February 2022, State Aid Schemes and Specific Guidelines for Financing, and the call for projects is to be opened on March 31, 2022 . Also within the PNRR, Component 5 (Renewal Wave) provides subsidies of 2.2 billion euros for investments in increasing the energy efficiency of residential and public buildings. According to the PNRR schedule, the first calls for these investments would be launched by June 30, 2022.
The service center for the banking Societe Generale Group, the Societe Generale Global Solution Centre, announced the appointment of Laurent Mirjol as Chief Executive Officer, effective June 1, 2025. The new CEO will oversee the activities and develop the strategy of Societe Generale Global Solution Centre Romania. With over 20 years of experience in the […]
During a press conference held on Monday, July 14, Romanian president Nicușor Dan defended the recent tax hikes enacted by the government, underlining the need to reassure creditors and lower the country’s public debt. Nevertheless, he said that the VAT increase was decided by the government. In the presidential campaign, then-candidate Nicușor Dan promised to
The famous Pompidou Center in Paris will organize a retrospective of the complete works of Romanian director Radu Jude between September 23 and October 11. The retrospective brings together films made over twenty years by the prolific Romanian director. The event will open and close with two of the most recent films, namely “Kontinental 25” […]
Romanian president Nicușor Dan presented the expenses incurred in the electoral campaign and who the main donors were during a press conference on Monday, July 14. Over the first and second rounds of the presidential elections, Dan's campaign spent over RON 60 million (EUR 12 million), and the biggest individual donors were Măriuca and Florin...
Haleon, a global leader in consumer health, has appointed Wael Kaskas as General Manager for its Hungary, Romania, Czechia, and Slovakia cluster. With a strong background in FMCG, consumer healthcare, and supermarket retail, Kaskas brings extensive experience in managing billion-dollar portfolios and leading business transformations, the company said. Before this role, Kaskas was responsible for […]
Vadoo Fest returns on August 21–24 to the meadows of Vadu Oii, Buzău County, with a new edition that invites participants to slow down and reconnect. Now in its seventh year, the festival promises a special experience rooted in nature, music, and human connection. This year’s line-up blends depth and groove, featuring Grammy-winner Judith Hill, […]
