Econic's technology uses a proprietary catalyst and process to substitute up to 30 percent of the fossil-based materials in polyols with captured CO₂.
The government has committed to a stable tax environment for the next fiscal year, officially confirming that the VAT will not be increased.
Romania's Competition Council has conducted unannounced inspections at the headquarters of six major retail chains operating in the country's food product market.
Greenvolt Next, part of the Greenvolt Group, has completed a new photovoltaic power plant.
Rompetrol Rafinare has announced the completion of a major stage in its tank farm rehabilitation and modernisation program at the Petromidia refinery.
Fitch Ratings has decided to maintain the BBB- credit rating with a negative outlook (Investment Grade) for state-owned gas producer Romgaz.