The government approved, in the meeting on Friday, the state aid worth over 43 million lei for the closing down of the mines in Lonea and Lupeni, considered to be non-competitive, part of the energy complex Hunedoara –S.A, in insolvency for 2022. ‘The energy complex Hunedoara will receive a state aid for the closing down of the non-competitive coal mines (Lonea and Lupeni) worth 43.246 million lei for 2022, which is completely covered from the state budget through the budget of the ministry of energy’ said the government, in a press release. The state aid is offered for the covering of the exceptional costs of the units in final closing down, costs which are not connected to current production. Thus, the money will be used for compensation payments offered to the employees, professional retraining, rehabilitation of the former mining exploitations, as well as for the surface recultivation. ‘These support measures are offered until 2024 and were notified and authorised by the European Commission through decision no.C (2016) 7.719/final, modified and completed by decision no. C (2018) 1001/final regarding the closing down of the non-competitive coal mines from Romania. At the same time, the non-compliance of the energy complex Hunedoara with the conditions included in the Decision of the European Commission, as well of the obligations committed with a view to obtaining the state aid, will determine the implementation of the measures necessary to recover the state aid by the ministry of energy’ the government said. The state aid is offered with the observance of the community legal provisions in the domain, directly applicable to Romania, as EU member state.
On November 20th, 2025, the Bucharest Stock Exchange (BVB) celebrated 30 years since its reopening, organizing a series of anniversary events along with various representatives of the Romanian capital market. Three decades ago, the first transactions took place on the BVB, and the Romanian investment landscape as we know it today began to take shape. […]
With the holidays just around the corner, we’ve created the new Collection of Boromir Infused Cozonac with natural vanilla syrup and pistachio. Unique, slightly moist, and richly filled, our latest assortments of Boromir Infused Cozonac make every festive moment with your loved ones even more special. Each bite melts in your mouth, bringing warmth, comfort, […]
Romanian airline AnimaWings announced on Friday, November 21, that starting in 2026, it will operate five new air routes from Timișoara International Airport, serving holiday destinations in Italy and Greece. The new connections include Athens (ATH), Olbia – Sardinia (OLB), Kefalonia (EFL), Thessaloniki (SKG), and Kavala (KVA). “We want Timișoara to become a reference point […]
President Nicușor Dan promulgated a law establishing October 29 as Queen Marie Day, following the bill’s adoption by the Chamber of Deputies on October 28, news agency Agerpres reported. The new law designates the date as a day dedicated to commemorating the life and historical contribution of Queen Marie of Romania. On October 29, public […]
Horaţiu Potra, the mercenary leader with alleged ties to Russia who previously fled Romania, was placed under preventive arrest for 30 days after his extradition from Dubai. He is investigated for attempted actions against the constitutional order, violation of the regime of weapons and ammunition, and violation of the regime of explosive materials. The same preventive […]
Nicușor Dan is the political figure in whom Bucharest residents have the most trust, according to a survey by INSCOP Research. The former mayor, now head of state, is followed by prime minister Ilie Bolojan. More precisely, 44.2% of the total sample state that they have quite a lot or very much trust in Nicușor […]
