about us | newsletter | contact | archive | members area
Pascal Robin, Sanofi Romania
The country evolution is to be taken into consideration by any foreign investors»
  Reports:      REPORTS   |

Taxation and renewables come under close scrutiny

The amendments to the Law on promotion of electricity from RFS, which postponed the payment of some green certificates for hydro, solar and wind farms, generated instability in the renewable market. In order to reconcile the initial support offered to investors with Romania's real capacity to pay, the authorities may come up with a correction mechanism in the form of taxation. The Diplomat-Bucharest analyzed how the existing tax r

2014-02-02 19:23:51 - From the Print Edition

18 Photos
In order to meet the strategic objectives set by the European Union, namely that renewable energy should account for 24 percent of gross final energy consumption by 2020, the Romanian authorities adopted a major support scheme to stimulate investments, adapted for each type renewable energy technology.

A year and a half after the application of the law, the Romanian authorities realized that the support scheme was far too generous for Romania's real capacity to pay, and decided to c...

To continue reading this article you have to be registered
The content that you are trying to view is available only for the registered users.
If you want to read this article now, please subscribe for FREE
New user Already registered ?
As a registered user you will have a lot of benefits.
 
 User
 Password
      Forgoten password



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  13553 Views
Daily Info
Vardinogiannis Group finalized the acquisition of Marfin Bank in Romania

Vardinogiannis Group, one of the most solid and well capitalized business conglomerates in Europe, finalized the acqusition of Marfin Bank, after receiving approval from the N...

Continental to list powertrain division mid-2019

Continental is moving ahead with an initial public offering of its powertrain unit and new corporate structure in the car-parts maker's biggest overhaul in decades.

Porsche Engineering Romania relocates its headquarters in Cluj-Napoca

Two years after its official opening event, Porsche Engineering Romania inaugurated its new headquarters in Vivido Business Center in Cluj.

Dacia posts half-year sales record

Dacia posted a half-year sales record in Europe with 281,225 vehicle registrations (up 14.6 per cent) and a record 2.9 per cent share of the market, according to world sales r...

Industry 4.0: EIB supports construction of new Arctic factory in Romania

The European Investment Bank (EIB) is lending 68 million Euro to white goods producer Arctic to finance the construction of a large-scale washing machine production plant feat...

 
 
   
advertising

advertising

advertising

advertising

More on Reports
Romanian Energy Awards 2018: Celebrating Excellence

The Diplomat - Bucharest celebrated performance and exceptional accomplishments in the Romanian energy field, awarding 17 performers in both conventional and renewable ener...

Oil & Gas Industry: Challenges and opportunities for Romania

As it appears from the four scenarios of the Romanian Energy Strategy, natural gas will play an important role with expected significant increases in the energy mix startin...

Romanian Energy Awards 2017: performance and exceptional accomplishments

The Diplomat - Bucharest celebrated the winners of 21 assigned categories for both conventional and renewable energy, within a prestigious event continuing the annual tradi...

Thermal Energy Forum - Can Romania stand the heat?

The European Commission presented a package of measures to keep the European Union competitive as the transition to clean energy is changing global energy markets By Petre...

1 Comment

Digital Banking and Insurance Conference - opportunities and threats for the financial sector

Digitalization is radically transforming the banking and insurance industries, enabling new products, services and business models. This transformation will take time to co...

Sneak peek into energy's future

In the light of the new National Strategy currently being debated, where Romania faces new challenges regarding the energy market, The Diplomat - Bucharest organized in lat...

Romania, Czech investors' reliable partner

Romania is not inch-perfect, but it still counts as a good destination on the foreign investor's map, as confirmed by the Czech community present at the second edition of t...

12 Comments