Gov’t to adopt by the year-end the Ordinance on concluding power purchase agreements (PPAs)
Government Ordinance transposing Directive 944, which will allow for the conclusion of long-term power purchase agreements (PPAs), is on the…
EC: PNRR does not oblige Romania to impose a ban on wood-based heating until 2023
The National Recovery and Resilience Plan (PNRR) does not provide for any provision that would oblige the Romanian authorities to…
FIC expresses its concern on the lack of transparency and dialogue in drafting major changes in tax legislation
At the beginning of autumn, Foreign Investors Council (FIC) member companies were confident in the positive evolution of the economy…
Prolemn: State subsidizes heating with fossil fuels, while biomass energy is not supported
Wood provides cheap, affordable, renewable thermal energy, based on an internal resource, but paradoxically the state subsidizes heating with fossil…
Romania received the first tranche of PNRR, worth almost 1.9 bln. euro
On Thursday, Romania received the first tranche of the National Recovery and Resilience Plan (PNRR), amounting to 1.851 billion euro,…
Vîlceanu: PNRR money, an advance of 3.9 bln. euro, will come in December
The money from Romania’s National Recovery and Resilience Plan (PNRR), an advance of 3.9 billion euro, will come in December,…
Timisoara International Airport wants solar panels for energy independence
Timisoara International Airport aims to access, through PNRR, several million euros, to install several hectares of solar panels, to produce…
AmCham: Extension of political tensions has unfavorable consequences for the investment climate
Instability, unpredictability and the measures imposed without a real assessment of the impact on the economy decrease the investment appetite…
Gov’t approves the first documents needed to start the PNRR
Romanian government approved in Wednesday’s meeting the first two documents for starting Romania’s National Recovery and Resilience Program. According to…
Tanczos Barna: The program for prosumers will resume in December
Prosumers’ solar systems financing program will resume in December, announced on Thursday Minister of the Environment, Tanczos Barna. He also…
EBRD improved its forecasts for the Romanian economic growth in 2021 to 7.2%
The European Bank for Reconstruction and Development (EBRD) has significantly improved its estimates on Romania’s economic evolution in 2021, forecasting…
EU Council approved the PNRR, the first money will come in December
Council of the European Union approved the National Recovery and Resilience Plans (PNRR) for Romania and two other countries. It…
Romania will have 18,000 charging stations for electric vehicles in 4-5 years
Romania will have a network of 18,000 charging stations for electric vehicles in the next 4-5 years, from funds from…
AOAR calls on the political parties to conclude a pact for PNRR
The Association of Romanian Businessmen (AOAR) requests all responsible parliamentary political parties to conclude a pact for the implementation of…
Dacian Cioloș tasked with forming new Romanian government; energy is among top priorities
President Klaus Iohannis appointed the former European Commissioner Dacian Cioloș, president of USR, to try and lead a new executive.…
Ghinea: Hidroelectrica must be listed by Q2-2023, together with other three companies
At the end of the implementation of the National Recovery and Resilience Plan (PNRR) we should have, in addition to…
Tanczos Barna: We have a huge opportunity to fund digitization projects through PNRR
Romania has a huge opportunity to finance digitalization projects through PNRR, having at its disposal 1.9 billion euro, said on…
AmCham: PNRR, Romania’s chance for modernization, the responsibility and maturity test for the political class
European Commission approved Romania’s National Recovery and Resilience Plan (PNRR), a moment we have been looking forward to and which…
EC approved Romania’s Recovery and Resilience Plan, worth 29 bln. euro
The European Commission adopted, on Monday, a positive evaluation of Romania’s Recovery and Resilience Plan, which will thus be able…
EC President – visiting Bucharest, to present the PNRR evaluation
The President of the European Commission, Ursula von der Leyen, comes to Bucharest on Monday, during the NextGenerationEU series of…
WWF: PNRR is a unique opportunity for a climate neutral economy by 2050
The National Recovery and Resilience Plan (PNRR) represents a unique opportunity for Romania to develop and achieve a climate-neutral economy…
President Iohannis – meeting with Enel Group representatives
President Klaus Iohannis welcomed on Tuesday, at the Cotroceni Presidential Palace a delegation from Enel Group, headed by Francesco Starace,…
CDR: Romania needs to focus on long-term goals
The Coalition for the Development of Romania (CDR), the most important platform of the Romanian business environment, considers that the…