Romania secures funding for 26 recycling plants

Business Forum

11 April, 2025 at 5:01 PM

The Environment Fund Administration (AFM) has announced that 26 recycling plants are set to be built in Romania, backed by funding of RON 674.75 million (€135 million) from the National Recovery and Resilience Plan (PNRR).

These plants are scheduled to become operational by mid-2026.

“The increasing demand from industry and the clear need for investment in this sector demonstrate that Romania has significant potential in the circular economy. We will continue to support this strategic direction and are considering expanding the programme to support even more economic operators in the future,” said AFM President Florin Bănică.

The recycling facilities will help Romania meet the recycling targets set out by the circular economy legislative package.

Electrica completes solar project in Satu Mare

Power producer Electrica has finalized and commissioned a photovoltaic park with a capacity of 27 MW in Satu Mare county.

Industry

Metaminds-Trencadis consortium to develop Romanian governmental cloud

The Metaminds-Trencadis Corp Association has secured a framework agreement to provide internal cloud TIC solutions and products for Romania's Governmental Cloud project.

Energy

Romanian EV owners lag behind on e-charging at home

Romania has fallen seven places to 27 out of 33 countries in the latest electric vehicle (EV) Charging Index report, with its score dropping from 46 to 42 points.

Economy

EC agrees to Romania's 8.4% deficit target for 2025, says PM

The Romanian government has set a budget deficit target of 8.4% of GDP for this year, as agreed with representatives from the EC, according to PM Ilie Bolojan.

Energy

Hidroelectrica CEO, CFO resign

Karoly Borbely, Chairman of the Management Board and CEO, and Marian Fetiţa, Member of the Management Board and CFO, have mutually agreed to exit Hidroelectrica.

Industry

Builders warn of recession risk in Romania

The Federation of Construction Companies' Employers (FPSC) has voiced concerns regarding the Government's recent fiscal and budgetary measures.

Energy

EBRD supports new CfD auction for green energy in Romania

Romania has successfully completed its second renewable energy auction under the Contracts for Difference (CfD) scheme, awarding 2,751 MW of capacity and surpassing.