Romania secures funding for 26 recycling plants
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.
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.
For 2025, the company estimates an 8% increase in the number of clients and a 10% increase in the quantity of packaging waste collected.
The Deposit-Return System has evolved considerably from month to month, with September's results exceeding the previous record set in August, when the collection rate reached 78%.
This performance represents approximately 85% of the packaging returned and collected from consumers.
With the expansion of the processing lines, the company's total recycling capacity has increased to 140,000 tons per year.
In 2020, 63% of paper and card was recycled in Romania, compared to a European average of 82%
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.
Consumer spending in Romania has shown signs of caution in the lead-up to the Easter holidays, with fluctuations in the average shopping basket value observed in March,
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,