TeraGlass increases by 26% due to export
The turnover of TeraGlass, TeraPlast Group’s thermo-insulating division, increased by 26% in 2018, while 90% of the production capacity of…
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Economics&Markets
Nagy-Bege: 2% tax to ANRE is overwhelming, money might be redirected for financing energy efficiency
The 2% contribution of the energy companies to the National Energy Regulatory Authority (ANRE) according to GEO 114/2018 is exceedingly…
Gas for Climate Study: The optimal role of gases in a net emission net emission system
A new study, launched by Navigant Consulting for Gas for Climate: A path to 2050, a group of seven European…
Ecopolis asks the government not to adopt the anti-car sharing ordinance
The Center for Sustainable Policies Ecopolis has sent an open letter today to the Romanian government requesting it not to…
Romanian carriers protest again at Strasbourg against the Mobility Package
The Federation of Romanian Transport Operators (FORT) will protest on Wednesday, March 27, in Strasbourg, against Mobility Package 1, along…
EU-ETS system allows for investment worth more than 45 billion euros by 2030
The European Union offers member states at least 45 billion euro through the EU ETS to meet its climate targets…
The final version of GEO 114 – presented on Thursday, each line ministry discusses the requirements from the market
FIRST INFO First amendment to GEO 114: Coal gets rid of 2% tax, the gas cap of 68 lei/ MWh stays…
EU ETS system: Romania has billions of euro at disposal by 2030
Romania has several billions of euro at its disposal, via the trading emissions system (ETS) for reaching out its 2030…
A new petition to stop Brexit has raised 3 million signatures in less than 48 hours
A petition calling for the revocation of Article 50 and for Britain’s remaining in the European Union has raised three…
A hard Brexit to cost Romania 413 mln. euro anually
A new study by Bertelsmann Foundation in Germany says that Romania would lose about 413 million euro annually, in a…
Brexit postponed, but no later than May 22nd
The European Union has accepted Britain’s request to postpone Brexit, but only for a maximum of one month, until May…
PwC, ARB: We have the lowest degree of financial intermediation, ROBOR has evolved in resonance with inflation
Romania has the lowest degree of financial intermediation in the European Union, with a value of 25.7% in 2018, three…
Over the last five years, 50 new laws have been adopted that have adversely affected investments
In the last five years, approximately 50 new laws have been adopted, which have increased the level of unpredictability of…
Isarescu: Entry into the Eurozone is no longer a panaceum; if we go unprepared, the problems get worse
Governor of the National Bank of Romania, Mugur Isarescu, said that joining the Eurozone is no longer a panaceum, and…
ICAP: EU ETS price at about 16 euro in 2018, revenues collected at 14 billion euro
The total revenues collected in the EU by the Emissions Trading System in 2018 was of 14.2 billion euro, reveals…
Foreign direct investment rose by 88.5% in January
Foreign direct investment grew by 88.5% in the first month of this year to 362 million euro, compared with 192…
Teodorovici: The final form of GEO 114 will be discussed at coalition level
By the end of March, the Government Emergency Ordinance 114 will be amended and there is no impediment until then…
Mark Davis is the new EBRD director for Romania, investments to rise
A high level EBRD delegation led by Jurgen Rigterink, First Vice President, and Alain Pilloux, Vice President, Banking, arrived in…
Project: The United States could allocate a billion dollars to Eastern Europe
A Republican Congressman has tabled a bill that, if adopted, will require the US Government to engage, financially and diplomatically,…
Energy Strategy: Romania needs 15-30 bln euros in energy investment by 2030
Romania’s energy sector needs as much as 30 billion euros ($34 billion) of investment in power, oil and gas production,…
Oil prices go up to the maximum of the last four months
The Brent oil price climbed to the highest level in the last four months on Thursday, backed by OPEC’s cuts…
The Finance Minister expects a favorable rating from S&P
The Standard & Poor’s rating agency (S&P) will publish a final report in a few days and will be a…
TeraSteel, double-digit growth in 2018
TeraSteel, part of the TeraPlast Group, one of the leading manufacturers of thermal insulated panels and turnkey warehouses in Romania,…