This investment arrives at a crucial time as Romania aims to develop a recycling industry for waste electrical and electronic equipment, funded through the European Union's PNRR.
The first plant, which will be located at MOL Petrochemicals Co. Ltd. in Tiszaújváro, Hungary, will have a processing capacity of 40,000 tons of mixed waste plastics per annum.
According to the study, the Responsible Behavior and Insurance Benchmark of Romania—55% of Romanians describe themselves as optimistic, while 15% adopt a pragmatic approach.
The main challenges of business services companies are the rising labor costs, the recruitment process and the retention of experienced employees.
Eltra Logis' decision to change its business focus to the pharmaceutical industry was driven by major challenges in the textile sector in Romania.
In the first 9 months of 2024, at the individual level, cybersecurity services contributed 32% to the total turnover, while cybersecurity solutions implementation contributed 68%.
Currently, Simtel holds seven photovoltaic park projects which, upon completion, will have a total installed capacity of over 80 MWp and generate an annual output of over 108 GWh.