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.
The Christmas markets have become major tourist attractions in certain cities, drawing visitors with their mix of traditional crafts, tasty foods, and festive atmosphere. Below we list some of the main ones, from those transforming historic squares to events held in major urban centers. Bucharest Christmas Market November 29 - December 28 Held in the […]
The Romanian Wind Energy Association (RWEA), the Romanian Photovoltaic Industry Association (RPIA) and the Renewable Energy Producers Organization in Romania (PATRES), representing members with a total installed capacity of over 6.5 GW, warn of the risk of a major bottleneck in the energy sector caused by the introduction, without a transition period and with an […]
Romania is emerging as one of the most dynamic markets for Turkish renewable energy investments, attracting growing interest from industrial and financial groups with regional exposure. Real grid connection opportunities for viable projects, infrastructure modernization potential, and investment framework stability make Romania a strategic destination for Turkish capital, at a time when Europe is accelerating […]
CATANE, the feature debut of director Ioana Mischie, has received an international nomination at the prestigious Hollywood Music in Media Awards for its original score composed by Emiliano Mazzenga. The film’s music has been selected among the top five film scores worldwide in the International Independent Film category. The film is the first Romanian production ever […]
Moldovan prime minister Alexandru Munteanu arrived in Bucharest on Thursday, November 13, for his first official foreign visit since taking office. He met with president Nicușor Dan and Romanian counterpart Ilie Bolojan before visiting the Parliament, where he met with the president of the Senate, Mihai Abrudean. After the first meeting, president Nicușor Dan stated […]
Bucharest maintains a steady flow of new office developments, with nearly 170,000 square meters of projects scheduled for delivery between 2026 and 2027, according to the latest Bucharest Office Marketbeat Q3 2025 report from Cushman & Wakefield Echinox. Despite a 25% drop in total leasing activity compared to last year, demand remained solid, with companies […]
