The National Society for Natural Gas Transport Transgaz finalised the procedure for environment evaluation for the Plan for Development of the natural gas transport system 2021 – 2030, according to a press release, sent on Friday to the Stock Exchange Bucarest.Similarly, according to the quoted source, the ministry of environment, waters and forests issued the environmental permit. The Strategic Environmental Evaluation was facilitated by the European Bank for Investments through an agreement regarding the consultancy services by means of the European Investment Advisory Hub – EIAH or Hub). EIAH is a partnership between the BEI group and the European Commission as part of the Investment Plan Europe. ‘The support offered to Transgaz for the strategic environmental evaluation relies on an existing business relation and aims at the acceleration of the transition of Transgaz to adopt a business compatible model with an economy neuter from the point of view of carbon dioxide emissions” stated Christian Kettel Thomsen, vice-chairman of BEI.In his turn, Ion Sterian, the general manager of SNTGN Transgaz SA said that the successful finalization of the Strategic Environmental Evaluation confirms the commitment of the company for the observance of the highest environment standards with a view to making investments for the development of the national system for natural gas transport.SNTGN Transgaz SA is the technical operator of the National System for Transport which is responsible for its functioning under conditions of quality, safety, economic efficiency and environment protection. The society is listed on the Stock Exchange Bucuresti.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
