The Government has established, on Friday, through an emergency ordinance, the National Regulatory Authority for Mining, Petroleum and Geological Storage of Carbon Dioxide (ANRMPSG), a specialized body of the central public administration, with legal personality, fully financed from its own revenues, subordinated to the Government and coordinated by the Prime Minister, through the Chancellery of the Prime Minister, through the reorganization by transformation of the National Agency for Mineral Resources (ANRM), which is being abolished. ANRMPSG will have several general objectives, among which the development and systematization of the National Geological Fund and National Resources and Reserves Fund; exploitation and rational development of mineral resources reserves and oil reserves, in accordance with the strategies in the domain and the reduction of the impact on environment. Similarly, the identification of new uses of the national transport systems for oil and the development of the mining voids. It will also aim to promote a secure, competitive and environmentally sustainable European internal market for the exploitation of mineral resources, oil and gas and its effective opening for the benefit of all customers and suppliers in the European Union, and to ensure adequate conditions for sustainable exploitation, taking into account long-term objectives, in line with the provisions of the relevant European Union directives. ANRMPSG manages the oil resources, mineral resources and the national geological fund, which are public property of the State, as defined by the Law on Petroleum No 238/2004, as amended and supplemented, and by the Law on Mining No 85/2003, as amended and supplemented. The tasks also include the elaboration and promotion of draft normative acts, norms, instructions and procedures, in accordance with the provisions of the legislation on the geological storage of carbon dioxide. The legal regime for exploitation licenses is also completed.
The exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
