The National Plan for Recovery and Resilience (PNRR) represents an opportunity for Romania to develop and get an economy neuter from the climatic point of view until 2050, by the adoption of the newest and greenest existing technologies, stated , in an interview offered to AGERPRES, Mihai Constantin, Climate and Energy Policy Officer with WWF Romania.The specialist of the organisation spoke, similarly, in the interview, about the factors which led to the increase of tariffs for electricity and natural gas, as well as about long term measures which the government should adopt to support the users, beyond the compensation of the bills, measure which solves the issue ‘ for a short period of time’. As regards the idea of capping tariffs, Constantin considers that it is unlikely to happen as ‘the European legislation does not allow it’.According to the environment expert, the authorities in Bucharest opted for projects through which to support the use of natural gas, although Romania should have supported in PNRR the development of renewable energy and complementary measures, such as the creation of capacities for energy storage and modernization of the electricity transport grids.
TeraPlast Group recorded a 34% increase in revenue in 2024, reaching RON 897.9 million, compared to RON 672.3 million in 2023. This growth is generated by an increase in sold volumes, the launch of operations at the Opal stretch film factory, and the consolidation of results from companies acquired in 2024. EBITDA remained at a […]
The construction of the Cluj-Napoca subway began on Tuesday, February 25, with the consolidation work on the hill located in the area of station 2 in the Florești suburb. Once completed, the subway in Cluj-Napoca will be Romania's second, after the one in Bucharest. It will be 21 km long and include 19 stations. The current […]
Electric services group Hidroelectrica, the largest company on the Bucharest Stock Exchange (BVB), reported a net profit of RON 4.1 billion in 2024, down 35%, and revenues of RON 9.1 billion, 25% lower than in 2023, according to financial data published on Wednesday, February 26. Hidroelectrica said its results were influenced by the decline in […]
Medisprof Cancer Center has received approval for the Zonal Urban Plan (PUZ) for its new integrated oncology hospital in Cluj-Napoca, marking another step in the project estimated at a total of EUR 22 million. The approval paves the way for the construction phase, which is expected to begin in 2026 and take 24 months to […]
Romania’s High Court of Cassation and Justice has definitively rejected far-right politician Călin Georgescu's appeal, through which he requested the suspension of the declassified documents that served as the basis for the annulment of the presidential elections in December 2024. The lawsuit was filed at the Bucharest Court of Appeal by the Association for the […]
Update: Prime minister Marcel Ciolacu had his first reaction after Călin Georgescu was brought in for questioning at the Prosecutor's Office. He said that, given the tense electoral context, judicial bodies are obligated to present solid and impeccable evidence in the investigation that also involves a potential candidate in the May elections. He also reiterated […]
