President Klaus Iohannis said Tuesday that energy efficiency measures must support the most vulnerable consumers, but also that at least part of the green technology used in new investments must be made in Romania.The remarks were made during the event "Good practices for the environment advanced by civil society," held at the Cotroceni Presidential Palace on the occasion of the World Day of Non-Governmental Organisations."I am glad that the coalition governing Romania is interested in solving environmental problems. In recent months, the coalition has committed itself to a firm timetable for achieving climate neutrality at national level, has taken steps to develop the circular economy and has created new green financial instruments. However, many challenges remain. Energy access and energy efficiency measures must support the most vulnerable consumers through investments that simultaneously reduce bills and pollution. At least part of the green technology used in new investments must be made in Romania to generate new jobs and added value here at home," said the President.He mentioned that Parliament has a "major" responsibility for an "orderly" and fair green transition."The green transition must work for everyone. Thus, it is imperative to strengthen our capacity to formulate and implement effective environmental policies, as well as to optimise the use of European funds earmarked for them. It is also essential that national legislation facilitates an orderly and fair green transition. Romania's Parliament has a major responsibility in this respect," said Iohannis.
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
