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Ana Maria Icatoiu, Smart Eco Plus
There are laws which have been under discussion for years - not healthy for the market»
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GreenWEEE to open a new plant in Campia Turzii

The Romanian company GreenWEEE International continues its growth strategy, thus doubling its production capacity to 100,000 tons per year.

Romania Green Building Council launches recommendations for the National Renovation Strategy

The Romania Green Building Council launched a set of recommendations for Romania's new National Renovation Strategy, which the Romanian Government should present to the European Commission by en...

Demand for sustainable development increased significantly throughout 2016, says BuildGreen

BuildGreen, Romania's development, design and green building certification company, ended the year 2017 with a portfolio increase of over 100 per cent, surpassing the level of 2.7 million sqm of...

Romania’s first residential complex with green energy sold 200 apartments in first phase

Cartierul Solar, the first residential complex with green energy in Romania, located in southern Bucharest and developed by Ad Astra Partners, has completed its first phase and started the works...

GreenFiber invests 35 million Euro in its third plant for synthetic recycled fibres

GreenFiber International, part of Green Group, the largest integrated recycling park in South-Eastern Europe, announced in mid-September an investment of 35 million Euro from private funds, in i...

Romanians can ask for state money to refurbish their homes through ‘Casa Verde' programme

The Ministry of Environment, Waters and Forests released in early October the ‘Casa Verde’ [Green House] programme, both for citizens and for legal entities, while the Financing Guide has be...

Environment Ministry suspended the order that would have allowed the shooting of nearly 1,700 wild animals

Romania’s Minister of Environment, Waters and Forests, Cristiana Pasca-Palmer, announced in early October that the procedure for the issuing of the ministerial orders that would have allowed t...

Study: One in three Romanians want to engage in environment protection activities

One in three Romanians is willing to take part in environmental protection activities and wants to bring along his group of friends, a survey conducted by Reveal Research for Lets Do It, Romania...

1.1 million Euro Norwegian Grants for SIGUREC development in terms of WEEE and glass

The Norwegian Government, through the Norwegian Grants, has co-funded with 1.1 million Euro the SIGUREC project to collect recyclable waste implemented by GreenWEEE International, whose total va...

Campaign to encourage collection and recycling of aluminium cans is launched in 20 Auchan stores

Can Pack Recycling and the non-profit association Alucro, with the support of Auchan Romania, launched in late June the ‘My mom recycles too!’ (‘Si mama recicleaza!’) campaign, a project...

Ministry of Environment will tax people based on how much waste they throw away

The cost of sanitation services will be determined according to the amount of waste disposed of to landfill by citizens. According to Agerpres, quoted by Green Report, the announcement was made ...

200 volunteers, including Ciolos, cleaned the Vacaresti Natural Park

Romanian Prime Minister Dacian Ciolos and Minister of Environment, Waters and Forests, Cristiana Pasca-Palmer, attended the cleaning action organized in late June by Let′s Do It, Roman...

Minister of Environment: Vacaresti Lake declared natural park and protected natural area

Vacaresti Lake was declared a natural park and a protected area regime was established there, announced Cristiana Pasca - Palmer, the Minister of Environment, Water and Forests, in mid-May, in a...

Alro invests 53 million USD in energy efficiency and recycling of aluminium

Alro Slatina announced in Mid-May an investment plan of 53 million USD for this year, for the increase of both its energy efficiency and its recycling rate of aluminium waste, according to the c...

More on News
Anca Jurma named interim chief prosecutor of Romanian anti-corruption agency

Prosecutor Anca Jurma has been named the interim chief prosecutor of the Romanian anti-corruption agency (DNA) following an order by the General Prosecutor Augustin Lazar.

PayU expands to Israel through ZOOZ

PayU, the leading financial services provider in global growth markets, announced the acquisition of ZOOZ, the payment technology platform that operates in Israel. The transaction supports the c...

Engie acquires Romanian IoT company Flashnet, specialized in Smart Public Lighting

ENGIE announces the acquisition of 60 per cent of Flashnet, a Romanian Internet of Things (IoT) company.

TransferGo receives electronic money license

TransferGo, the international fast online transfer company, has been granted its e-Money license from the Bank of Lithuania. The license allows electronic money storage & transfer and other fina...

Garanti Consumer Finance signs a loan agreement for seven million Euro with The Black Sea Trade and Development Bank

Garanti Consumer Finance, part of the financial group Garanti Romania, has signed a loan agreement of seven million Euro with the Black Sea Trade and Development Bank (BSTDB).

Healthy Central European private equity activity levels set to continue, says Deloitte

The strong momentum underway in Central Europe's private equity markets should continue, according to the latest Deloitte Central Europe Private Equity Confidence Survey.

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 result published by ...

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.

Romanian M&A market speeds up in Q2, says Deloitte

The M&A market in Romania marked a significant recovery in the second quarter of this year, reaching 391 million Euro, compared with 258 million Euro in the first three months of the year. Accor...

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 National Bank of Rom...

CEZ Group in Romania ended 2017 at a net profit level

CEZ Group in Romania ended 2017 with better results than in 2016 at a net profit level. Last year brought for CEZ Group in Romania a profit before interests, taxes, depreciation, and amortizatio...

Oil Terminal cuts wages by 25 per cent for ten days

Oil Terminal suspends full wage payment for ten days in order to reduce expenses. Almost a thousand employees will be affected by the measure decided after the company concluded the first semest...

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Daily Info
Oil Terminal cuts wages by 25 per cent for ten days
Oil Terminal suspends full wage payment for ten days in order to reduce expenses. Almost a thousand employees will be affected by the measure decided after the company concluded the first semester of the year w...

Dacia Mioveni plant in Romania reaches 50 years of activity
The Dacia car plant in Mioveni, Romania, celebrated 50 years since producing the first Dacia car on Monday, August 20.

Quarterly distribution of dividends - benefits vs costs
In July 2018, Romania joined the European Union countries where companies can distribute dividends to shareholders on a quarterly basis. This change in the Company Law is extremely welcome and has been long awa...

PayU expands to Israel through ZOOZ
PayU, the leading financial services provider in global growth markets, announced the acquisition of ZOOZ, the payment technology platform that operates in Israel. The transaction supports the continued expansi...

Romelectro to modernize the Smardan power station following 23 million Euro project
The association between Romelectro SA and Electromontaj SA, as a general contractor, recently won the tender organized by CNTEE Transelectrica SA for the modernization of the Smardan power station. The total va...