The World Bank has supported Romania in its efforts to combat nutrient pollution for the past two decades, with over 110 million euros invested in local communities and with assistance given to the Government to strengthen administrative capacity, Anna Akhalkatsi, country manager for Romania, said on Tuesday within the World Bank, according to a press release from the Ministry of the Environment.She participated, together with the minister of the Environment, Mircea Fechet, at the final conference of the "Integrated Control of Nutrient Pollution" (CIPN) project. The project is part of the Romanian Government's efforts to ensure the implementation of the Nitrates Directive, which aims to reduce nutrient pollution from agricultural sources.The CIPN project was financed by the Government of Romania, with a loan from the World Bank, and took place in two financing phases. The first phase started in 2008 and ended in 2017, financing a number of 86 manure management platforms. The additional financing of the project was allocated until December 2023.For her part, Adriana Petcu, secretary of state for Water within the MMAP, emphasized that the project had ambitious interventions, allocating about 70% of the funds for construction works and the equipment necessary for the management of manure at the local level.The conference was also attended by Cosmin Buteica, Environment specialist, World Bank, Jeanne De Jagher, Team Leader Nitrates, European Commission, specialists from the mini8stry, but also representatives of local public authorities from the beneficiary localities of the investments financed by project. The debates brought to the attention of those present, the lessons learned, the positive experiences, but also technical and operational aspects that will be able to be integrated into the implementation schemes of the future financing programs available.The map of communal manure collection platforms, built through the "Integrated Control of Nutrient Pollution" project, is available on the project website www.apanoastra.ro, Platforms section.
AROBS Transilvania Software (BVB: AROBS), a leading entrepreneurial technology company listed on the Bucharest Stock Exchange (BVB), recorded consolidated revenues of RON 328 million in the first nine months of 2025, up 7% compared to the same period last year. According to the company’s report, EBITDA also reached RON 50 million, a 15% increase, while […]
Brussels-based Aukera Energy said that it secured a EUR 60 million debt facility from Kommunalkredit Austria AG to finance the construction of its first stand-alone battery energy storage system in Romania. The 250 MW/500 MWh project in Ialomița County will be “one of the largest storage projects in Central and Eastern Europe” and will be […]
Romania’s president Nicuşor Dan has convened a meeting of the Supreme Council for National Defence for November 24, the Presidency announced on November 17. The session will examine key strategic documents and national security priorities for the period ahead. The agenda includes the National Defence Strategy for 2025–2030 and the Strategic Defence Analysis, two documents […]
Romania’s ruling coalition will make a final decision on the magistrates’ pensions law after president Nicusor Dan meets magistrates on November 18 and will most likely promote the law on public administration employment in Parliament next week, according to media reports from prime minister Ilie Bolojan and other sources familiar with the negotiations. The coalition […]
The restaurant chain with entirely Romanian capital, City Grill Group, announced that it ended the first ten months of the year with a turnover of EUR 63.5 million, up 13% compared to the same period last year. The results "confirm the group's stability in a year marked by challenges for the hospitality industry and consolidation," […]
Sphera Franchise Group (BVB: SFG), Romania’s largest food service operator, reported record third-quarter results for 2025, marking its strongest Q3 performance to date in terms of sales and profitability. The company said on November 17 that the improvement reflects stricter cost discipline and rising contributions from its operations in Italy and the Republic of Moldova. […]
