At the same time, approximately 9% of children in Romania require medical support for various mental and emotional issues, according to a UNICEF study.
180,000 kilometers were covered by employees, which translated into a total of €30,000 donated by the company to NGOs in five countries, including "Ana si Copiii" Association in Romania.
This year, the program reached over 1,110 children, aged between 9 and 14, from 47 schools.
Romania faces an economic maturity test, with the key question being whether it can transform current vulnerabilities into reforms and progress.
Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.
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.
Romanian farmers will gain access to additional financing through a €25 million loan from the European Investment Bank (EIB) to Agricover Credit IFN. The non-bank financial institution will channel the funds to micro agricultural businesses seeking to improve productivity and environmental sustainability.
Oil major OMV Petrom has started preparations for exploration drilling in Bulgaria's Han Asparuh offshore block, which is operated together with NewMed Energy.