Romania's Association for Clean Energy and Fighting Climate Change will hold a roundtable conference jointly with the European Commission to discuss the potential of renewable energy in the Black Sea at COP 26, the association's chairman, Razvan Nicolescu, said this Monday."We have gladly accepted the European Commission's proposal to hold an event in Glasgow together. It is an honour for a young organisation like ours. I am glad that we will bring Romania's situation to the attention of Glasgow participants. Even if we still have a lot to do, Romania is currently the most ambitious country in the region in promoting renewable energy and it is ranked among the world's top 5 countries in decoupling economic growth from rising emissions. Ahead of the conference in Glasgow, our association will also release a global 'Clean Path Initiative' under which we aim to make a contribution from Romania to the biggest problem facing humanity: fighting climate change," Nicolescu said.The European Commission will run a pavilion in Glasgow, which will also host a roundtable conference on the Black Sea.The 2021 United Nations Conference on Climate Change, also known as COP 26, is the 26th United Nations Conference on Climate Change and the world's largest such event.The event will take place in Glasgow, the UK, November 1-12, 2021.
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 […]
