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Romanian NGO EFdeN ranks 4th in Solar Decathlon 2018 competition

Romanian NGO EFdeN ranked fourth at Solar Decathlon 2018 competition but has been named World Champion of Communication and Double Vice World Champion at the Engineering and Construction Test an...

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...

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President Iohannis urges Romanians to be more united, stay involved in modernizing Romania

Romania's President Klaus Iohannis urged Romanians in France to be more united and stay involved as much as they are now in helping modernise Romania.

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Two billion youth risk of being left behind in the Fourth Industrial Revolution workforce, says Deloitte

Almost two billion youth worldwide risk of being left behind in the Fourth Industrial Revolution (Industry 4.0) workforce, which is changing at an increasingly rapid pace as a result of the emer...

2 Comments

FDI in Romania rises 10 per cent after ten months in 2018

Non-residents' direct investment in Romania (net FDI) totaled 4.56 billion Euro in January-October 2018, around 10 per cent more compared to the same period of 2017, Romania's National Bank (BNR...

OTP Bank Romania signs investment funds distribution deal with Eurobank Fund Management Luxembourg

OTP Bank Romania signed a partnership with Eurobank Fund Management Company (Luxembourg) for the distribution of investment funds in Romania. Thus, from December 1st, OTP Bank Romania becomes th...

4 Comments

ArcelorMittal receives binding offer for European assets from Liberty

British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.

2 Comments

Catrina, MCSI: Romania is ready to roll up its sleeves and work during the presidency of the EU Council

Romania is ready to roll up its sleeves and work during the presidency of the Council of the European Union (EU), said Maria Manuela Catrina, State Secretary at the Ministry of Communications an...

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The Romanian labour market needs a well-thought approach, says FIC

The Foreign Investors Council (FIC) has signaled in the past 2-3 years that its members are anticipating increasing strains on the Romanian labour market because starting with 2015-2016 their me...

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Revolut gets European banking license

Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has finally come out of the ...

2 Comments

Fondul Proprietatea expresses disappointment over Engie listing rejection

Fondul Proprietatea is disappointed with the decision taken by the majority shareholder of Engie SA, Romania Gas Holding B.V., to oppose the listing of the company, according to a press release....

Dacia receives 115.8 million RON in state aid from the Finance Ministry

The Romanian Finance Ministry has signed five more grant agreements under the state aid scheme, and among the beneficiaries are Automobile Dacia, with RON 115.8 million.

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EBRD cuts economic growth forecast for Romania

Romania's economy will grow by 4.2 per cent this year and by 3.6 per cent in 2019, according to the most recent forecast released by the European Bank for Reconstruction and Development (EBRD)....

Europe must become a producer of new technologies, not just a consumer of technologies, says EC

Europe must become a producer of new technologies, not just a consumer of technologies, said Gerard de Graaf, Director for the Digital Single Market in Directorate-General "Communications Networ...

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Editorial
Changing the game - Reinvention

Reinvention is all about letting go of everything but your very best and finding even better ways of using it. The true essence of sustainability is reinvention.

Daily Info
Smart city is not a fad, it's a necessity
In June 2018, the ranking of the most "smart" cities in the world was published. In other words, the most advanced cities in terms of human capital, social cohesion, the economy, the environment, governance, ur...

Ondrej Safar, CEZ Group: "Romania can become a hub for international smart solutions providers"
"We are already in the digital age, so the upward trend of implementing smart solutions is inevitable in all areas," he tells The Diplomat-Bucharest. "Especially in terms of utilities, a compatible approach is ...

Telekom Romania, a strong supporter of Smart City development in Romania
Just like many other countries in the world Romania is now facing an unprecedented growth of the urban population, which can be both beneficial and detrimental for the society and for the administrations's budg...

In the industrial era, the fight was for finite material resources. Not anymore
Now organizations fight and develop themselves for and around their talent. In a nutshell, getting ahead in today's business world is all about attracting and inspiring an energetic workforce. I guess the nat...

Richard Sareczky, Mol Limo: "We look at expansion locations across CEE including Romania"
Consumer mobility behaviour is changing, leading to up to one out of ten cars sold in 2030 potentially being a shared vehicle and the subsequent rise of a market for fit-for-purpose mobility solutions, says Ric...