The minister of energy has launched in consultation the documents for access to European Funds through the National Plan for Recovery and Resilience (PNRR) for the production of batteries, photovoltaic panels and storage capacities, announced on Facebook, the minister Virgil Popescu."We have launched for public consultation the documents for the State aid scheme and the specific Guidelines for Investment measure I.4 - industrial chain of production and/or assembly and/or recycling of batteries, cells and photovoltaic panels (including auxiliary equipment) and new electricity storage capacities, At least 480 MWh, until December 31, 2025," he said. ‘ The industrial battery value chain will reach a total annual battery manufacturing and assembly capacity of at least 2 GW, while the industrial value chain of photovoltaic cells and panels will reach a total annual capacity of at least 200 MW by 31 December 2025. The project submission period is June 30, 2022 - June 30, 2023.Projects aimed at building new production and/or assembly and/or recycling capacities of Li-ion batteries (including Li-metal, Li-sulfur, Zn, flow, high temperature) could be financed, which includes any combination of electrode production activities and/or electrode and battery components, electrode assembly in batteries and battery testing/conditioning, battery recycling. Projects will receive funding for the construction of new production and/or assembly and/or recycling capacities of photovoltaic cells or panels, which includes any combination of poly silicon and wafers production activities, the assembly of photovoltaic cells and modules, the recycling of photovoltaic panels (or their elements). Eligible applicants are medium-sized, small enterprises (including start-ups) and micro-enterprises, as well as large enterprises established under Law no. 31/1990 on republished companies, as amended and supplemented, or constituted in accordance with the specific legislation of the Member State whose nationality they hold and subject to registration with the ONRC in Romania. The total estimated budget is the equivalent in lei of the sum of 260 million euro.Regarding investments for the development of electricity storage capacities (batteries), the deposit period is 30 June 2022, 10:00 - 31 August 2022, 17:00. Eligible applicants are medium-sized, small enterprises established under law no.31/1990 on republished companies, as amended and supplemented Which have included in the articles of association activities concerning the production and marketing of electricity, corresponding to Division 35: "Production and supply of electricity and heat, gas, hot water and air conditioning" of the classification of NACE codes.The budget allocated to the project is the equivalent in lei of the sum of 104 million euro, made up of 80 million euro non-refundable funds offered through PNRR and national funds worth 24 million euro.The aid is offered in lei under the form of reimbursement of the expenses and cannot surpass 167,000 euro/MWh of storage and 15,000 euro/ company, investment project.
The service center for the banking Societe Generale Group, the Societe Generale Global Solution Centre, announced the appointment of Laurent Mirjol as Chief Executive Officer, effective June 1, 2025. The new CEO will oversee the activities and develop the strategy of Societe Generale Global Solution Centre Romania. With over 20 years of experience in the […]
During a press conference held on Monday, July 14, Romanian president Nicușor Dan defended the recent tax hikes enacted by the government, underlining the need to reassure creditors and lower the country’s public debt. Nevertheless, he said that the VAT increase was decided by the government. In the presidential campaign, then-candidate Nicușor Dan promised to
The famous Pompidou Center in Paris will organize a retrospective of the complete works of Romanian director Radu Jude between September 23 and October 11. The retrospective brings together films made over twenty years by the prolific Romanian director. The event will open and close with two of the most recent films, namely “Kontinental 25” […]
Romanian president Nicușor Dan presented the expenses incurred in the electoral campaign and who the main donors were during a press conference on Monday, July 14. Over the first and second rounds of the presidential elections, Dan's campaign spent over RON 60 million (EUR 12 million), and the biggest individual donors were Măriuca and Florin...
Haleon, a global leader in consumer health, has appointed Wael Kaskas as General Manager for its Hungary, Romania, Czechia, and Slovakia cluster. With a strong background in FMCG, consumer healthcare, and supermarket retail, Kaskas brings extensive experience in managing billion-dollar portfolios and leading business transformations, the company said. Before this role, Kaskas was responsible for […]
Vadoo Fest returns on August 21–24 to the meadows of Vadu Oii, Buzău County, with a new edition that invites participants to slow down and reconnect. Now in its seventh year, the festival promises a special experience rooted in nature, music, and human connection. This year’s line-up blends depth and groove, featuring Grammy-winner Judith Hill, […]
