The Court had already found that Romania had failed to fulfil its obligations under EU law in a judgment delivered in 2018 EU law 1 aims to prevent or reduce as far as possible the negative effects of the landfill of waste on the environment. In 2018 2 , the Court held that Romania had failed to fulfil the obligation to put a stop to the landfill of waste and to close down 68 landfills whose operation was not authorised. In 2022, taking the view that Romania had still not complied with the 2018 judgment, the European Commission brought a further action for failure to fulfil obligations. In its judgment, the Court of Justice notes that Romania has still not closed 31 sites not authorised to be in operation. It orders Romania to pay a lump sum of €1.5 million and a penalty payment of €600 per landfill and per day of delay. In fixing the amount of the penalty payment, the Court takes into account the seriousness of the infringement, its duration and Romania’s ability to pay. The incomplete implementation of the 2018 judgment entails a significant risk of pollution and serious consequences for human health, in particular through the release of harmful chemicals into soil, air and water. In addition, the failure to fulfil obligations has persisted for more than four years, which is a considerable duration. Due to the risk to the environment and human health posed by that failure to fulfil obligations, and in order to prevent the recurrence of similar infringements, the Court also orders Romania to pay a lump sum appropriate to the circumstances and proportionate to the infringement committed. (Source:https://curia.europa.eu/jcms/upload/docs/application/pdf/2023-12/cp230192en.pdf)
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
