The European Union's Innovation Fund has selected Holcim Romania's Carbon Hub CPT01 project for funding, marking a significant step in its decarbonisation efforts.
Holcim Romania has announced an investment of over €5 million in its Turda factory to launch a new production line.
Holcim Romania has made an investment of over €700,000 in its Stăncești aggregate plant.
Nova Power & Gas, part of the E-INFRA group, has announced the commercial operation of Romania's largest battery energy storage facility, with a capacity of 200 MW and 400 MWh, located in Florești, Cluj County.
Romania leads the European Union in both VAT and corporate tax collection failures, losing approximately one-third of potential revenue from each tax, according to a European Commission analysis published this week.
Romania's annual inflation rate remained unchanged at 9.8% in November.
Oil major OMV Petrom has started preparations for exploration drilling in Bulgaria's Han Asparuh offshore block, which is operated together with NewMed Energy.
As winter holidays approach, Romanians experience both the joy of gift preparation and the pressure of festive spending.