Government is introducing the Kurzarbeit program
The reduced work program “Kurzarbeit”, applied in Germany, will be introduced in Romania, under the title ”Flexible work program”. The…
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General Interest
The PAC Scenario: Net-zero by 2040 to meet Europe’s Paris goals
The EU is not on track to meet its Paris Agreement obligations on emissions and limiting the global temperature rise…
EU ministers exclude nuclear, fossil gas from green transition fund
European Union countries agreed that the bloc’s flagship fund to wean regions off fossil fuels should not finance nuclear or…
Plug-in hybrids unlikely to lower transport emissions – Greenpeace report
Plug-in hybrid electric vehicles, which are to be subsidised through the German government’s new economic stimulus programme with up to…
OMV Petrom: The intensity of carbon emissions from operations decreased by 22% in 2019 compared to 2010
OMV Petrom has published the Sustainability Report for 2019. The report details the objectives and achievements set out in the…
Impetum: Managers estimate a two-speed return
Bogdan Tudorache Approximately 75% of the managers surveyed by Impetum Group consider that the economy is affected by crisis and…
The Black Sea in the new economy – the last train to energy independence
Bogdan Tudorache Romania is facing a maturity exam. In the waters of the Black Sea there is a rich resource…
Projects worth 23 mln. euro, another step towards the Romanian hub dedicated to hydrogen
Bogdan Tudorache The National Research-Development Institute for Cryogenic and Isotopic Technologies (ICSI) has in the process of signing two strategic…
Romania can receive 4.4 billion euro through the Just Transition Fund
European Commissioner for Energy Kadri Simson announced an increase in the transition fund to achieve the goal of climate neutrality,…
Bosch CEO says car industry must prevent plug-in “hybridgate” emissions scandal
German car industry association VDA will launch a working group to look into the sustainability of plug-in hybrid cars because…
C. Prună: Appointments to ANRE should not be done without hearings in Parliament
USR will initiate a new draft law, according to which the selection of candidates for ANRE leadership will be made…
ACEA: European car market will decline by a record 25% in 2020
The European car market is expected to record a historic 25% drop this year due to the coronavirus pandemic, the…
EC proposed an EU budget for 2021 focused on the recovery of Europe
The European Commission proposed an EU budget of EUR 166.7 billion for 2021, which will be complemented by grants of…
Eurostat: Impact of pandemic on services sector felt less in Bulgaria and Romania in Q1
In the first quarter of 2020, compared to the last three months of 2019, the volume of services in the…
Bodu: The Sovereign Fund could be set up next month
The government’s decision to create Romania’s Sovereign Fund could appear in the Official Gazette in about three weeks, said Sebastian…
Smart City in Romania: About 600 projects carried out in 87 cities
Almost 600 Smart City projects are currently in the project stage, being implemented or have already been completed in 87…
Chiriţoiu: Romania will be part of the trend of takeover of European companies by those outside the EU
Romania, as a member state of the European Union, will be part of the economic trend through which large companies…
Minister of Environment: I unequivocally support all the infrastructure projects that Moldova has today
The Minister of Environment, Waters and Forests, Costel Alexe, declared on Thursday that he unequivocally supports all the infrastructure projects…
R. L. Morningstar: Romania’s critical role in Transatlantic Energy Cooperation
HE Richard L. Morningstar was once again our guest, for the 6th edition of Energy Strategy Summit, on June 30th!…
IMF predicts an even darker scenario for world economy and expects worst recession since the Great Depression
With more than 12,000 billion USD worth of losses for the world economy in 2020 and 2021 due to the…
Dordea: We discuss the transformation of the EIB into a European Climate Bank
The European Commission is currently discussing with the management of the European Investment Bank (EIB) the option of transforming it…
E.ON awards Wipro infrastructure modernization and digital transformation contract
Wipro Limited, a leading global information technology, consulting and business process services company, today announced that it has been awarded…
CIECH Soda ratified the decision of collective dismissal in Romania
The shareholders of the only producer of calcined soda in the country, CIECH Soda Romania, part of the Polish group…