Economy | 8 November, 2024 at 10:13 AM
Schoenherr launches fourth edition of "law, sweet law" essay contest
The deadline for submitting essays is 10 January 2025 and winners will be announced in February 2025.
The deadline for submitting essays is 10 January 2025 and winners will be announced in February 2025.
An innovative legislative project aimed at amending Law No. 31/1990 on companies, has entered the final decision-making stage in the Chamber of Deputies.
Hidroelectrica has signed a contract for €8.7 million in non-reimbursable financing from the Modernisation Fund to implement a battery storage facility at the Porțile de Fier II hydroelectric plant.
Romania's annual inflation rate will increase and remain at higher levels than previously forecast during March-June 2026, according to the minutes from the National Bank of Romania's monetary policy meeting held in early April.
The Vega Ploiești Refinery, operated by Rompetrol Rafinare, has started producing hexane with a minimum purity of 60%, supporting polypropylene production and the food industry.
Energy producer OMV Petrom and RNV Infrastructure have announced that three wind projects in Romania, with a total installed capacity of approximately 300 MW, are entering the execution phase following the final investment decision. The projects hold the necessary permits, with production expected to begin in stages from H1 2027.
Romania's budget deficit calculated according to the European ESA methodology has dropped from 9.3% of GDP in 2024 to 7.9% of GDP in 2025, representing a correction of 1.4 percentage points of GDP.