The Action Plan for the National Circular Economy Strategy has been adopted by the Government in Bucharest, thus fulfilling one of the milestones of the Waste Management Reform of the National Recovery and Resilience Plan (PNRR). According to a press release of the Department for Sustainable Development of the government, the action plan for the National Strategy regarding circular economy presents the vision and the concrete actions on short, medium and long term (2032), the role of the public and private entities, and the public in general as well as the degree of their involvement in the implementation and allows the government of Romania, through the Committee for coordination for circular economy of Romania, to initiate coherent measures to develop good governance and in order to strengthen the basis of the circular economy.The National Circular Economy Strategy identifies seven economic sectors for which the full potential of the circular economy is to be exploited, namely: Agriculture and Forestry; Automotive; Construction; Food and Beverages; Packaging (glass, paper and plastics, etc.); Textiles; Electrical and electronic equipment, batteries and accumulators. To these economic sectors are added Waste and Water, as well as a cross-cutting area dedicated to activities supporting circular economy measures (e.g. promoting responsible consumption and environmental education; developing a digital platform to track and communicate on the implementation of circular economy actions, performance indicators and other relevant information). The development of the Circular Economy Action Plan (CEAP) by the Department for Sustainable Development, in collaboration with the Ministry of Environment, Water and Forests (MMAP) and the Ministry of Economy, Entrepreneurship and Tourism (MEAT) was carried out within the framework of a project funded by the Technical Support Instrument managed by the European Commission's Directorate-General for Structural Reforms - DG Reform. The overall objective of this strategy is closely linked to the Sustainable Development Goals (SDGs) of the UN 2030 Agenda and the global climate targets, as well as the new European Union (EU) targets of the ECAP, in line with the principles and actions promoted under the EU Green Pact.
The number of people in Romania at risk of poverty stood at 3.59 million people in 2024, 375,000 fewer than in 2023, representing a 9.4% decrease, according to data from the National Institute of Statistics, or INS. Despite the improvement, nearly one in five Romanians was affected by poverty last year. According to INS, 19% […]
The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca carried out multiple searches on Tuesday, July 1, at the Sibiu International Airport and the Sibiu County Council as part of an investigation into suspected fraud involving a EUR 54 million EU-funded infrastructure project. A total of 24 locations were searched across Bucharest, Brașov, and Sibiu county, […]
A Romanian taxi driver who scammed 90-year-old Nigerian Nobel Prize laureate Wole Soyinka was detained by police on Sunday, June 29, according to media reports. On Friday, June 27, the venerable Nigerian arrived at Bucharest's Otopeni Airport. He got into a taxi and asked to be taken to a hotel downtown. At the destination, the […]
Costin Șerban, a Romanian entrepreneur, is digitalizing the construction sector in the United Kingdom with an ERP (enterprise resource planning) solution developed over 12 years and an investment of GBP 1.6 million (EUR 1.86 million). Șerban’s cloud-based ERP platform is called Abilo, was developed by the Romanian IT company Obi Systems, and is dedicated to […]
Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]
Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds. Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]
