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.
The Atlantic Council will honor Romanian president Klaus Iohannis with the Distinguished International Leadership Award for his remarkable career, exemplary leadership of Romania, and his transatlantic and European leadership role. The Atlantic Council’s Distinguished Leadership Awards are often referred to by media as “the Washington Oscars.” Among the honorees are a European head of state, […]
The colorful rapeseed fields in the southern part of Romania have been photographed by NASA from a satellite and featured in an accompanying article titled “Golden Fields in Romania.” The spectacular images were taken last month above the area where the Olt River intersects with the Danube. According to the article, NASA personnel were impressed […]
UiPath, an AI-based company founded by Romanian entrepreneurs and listed on the New York Stock Exchange in 2021, has recruited Raghu Malpani as Chief Technology Officer. Malpani, who was Corporate Vice President at Microsoft for the Microsoft 365 Application and Data Platform will report to the Director of Innovation and the Executive President of UiPath, […]
Production and new orders rise after nine straight months of decline Business confidence picks up, while hiring is back on the agenda Cost inflation eases and selling prices rise only fractionally An improvement in the health of the Romanian manufacturing sector was signalled for the first time in the survey's history, according to the latest […]
Raiffeisen Bank Romania continues its growth strategy in personal financial planning, up 50% in the first quarter of the year in the segment of investment plans, voluntary pensions and life insurance with a savings component. At the same time, it continued to support SMEs and accelerated investments to launch new functionalities in the mobile banking […]
Road crews have begun snow removal on Romania’s spectacular mountain road known as Transfăgărășan. Since there is less snow than in other years, the road could be opened much earlier than the usual date of July 1, according to authorities. Transfăgărășan, Romania’s second-highest road after Transalpina, is being cleared of snow so it can be […]
