The Polytechnic University of Bucharest (UPB) will coordinate the implementation of a project worth approximately 3,800,000 EUR on the creation of a center of competence in the field of adaptation to climate change, the funding to be provided through the National Recovery and Resilience Plan (PNRR), UPB informs in a release sent on Tuesday.A consortium coordinated by the Polytechnic University of Bucharest under the guidance of Prof. Mihai Datcu Phd, together with the Ovidius University of Constanta, the Romanian Space Agency, the National Research and Development Institute for Earth Physics and the Ion Ionescu de la Brad University of Life Sciences of Iasi submitted the proposal "Competence Center for Climate Change Digital Twin for Earth forecasts and societal redressment: DTEClimate", which won the competition for the field "Adaptation to climate change" organized within PNRR - Component 9 - Support for the private sector, Research, Development and Innovation, I5. Establishment and operationalization of Competence Centers PNRR-III-C9-2022 - I5.The project is to be carried out in the next 36 months and aims to implement the European strategy for adaptation to climate change in Romania by consolidating a national network of excellence.This network will interconnect research expertise and innovative approaches to support smart and systemic adaptation. "DTEClimate has the support of a wide community of users including central and local public authorities, organizations from the non-governmental sector that will actively support the expansion of public-private partnerships and the development of a culture of real and effective cooperation between the research environment and industry", shows the release.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
