Category: Uncategorized
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Every Can Counts analysis: Romania’s aluminium can recycling rate more than doubles compared to 2022, hitting 74% in 2025
Every Can Counts, a global initiative dedicated to promoting the recycling of aluminium drink cans, has conducted an analysis for the first 4 months of 2025 based on official data published monthly by RetuRO, Romania’s Deposit Return System – SGR operator. The conclusion is that Romania is rapidly closing the sustainability gap. The national recycling…
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North-East region of Romania exhibits signs of extreme energy poverty, report shows
A report from the Romanian Energy Poverty Observatory, or ORSE, shows significant differences between the regions of Romania when it comes to energy poverty, with the North-Eastern part exhibiting the highest extreme energy poverty. ORSE annually updates the level of energy poverty in Romania using conventional indicators calculated based on the latest data published by…
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Romanian citizen pleads guilty to ‘swatting’ US officials and institutions
A Romanian man has pleaded guilty in a US federal court to leading a widespread swatting and bomb threat campaign that targeted more than 75 public officials, religious institutions, and journalists across the United States. Thomasz Szabo, 26, also known online as “Plank,” “Jonah,” and “Cypher,” admitted to orchestrating the years-long conspiracy from abroad, making…
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Romanian government approves RON 300 mln aid package for Praid Salt Mine disaster
Romania’s government has approved emergency budget credits of RON 300 million (EUR 60 million) to support recovery efforts following severe flooding at the Praid Salt Mine, finance minister Tanczos Barna announced after an extraordinary cabinet meeting on June 2. The funding will be directed primarily toward Salrom, the state-owned salt producer, and companies operating within…
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Romania adheres to 5%-of-GDP defence spending target
President Nicuşor Dan participated on June 2 in the B9 Summit in Vilnius, where he announced that Romania is committed to reaching, within seven years, spending 5% of GDP on defense, Monitorulapararii.ro reported. The target will be formalised during the next NATO summit in the Hague three weeks from now. The 5%-of-GDP target will include…
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President Nicușor Dan reaffirms Romania’s support for Ukraine during B9 summit
Romanian president Nicușor Dan reaffirmed Romania’s continued support for Ukraine and commitment to strengthening bilateral relations during a meeting with Ukrainian president Volodymyr Zelensky on the sidelines of the B9 summit held in Vilnius on June 2. “Romania will continue to stand with Ukraine and further deepen bilateral ties for the benefit of the two…
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Romania’s president expects fiscal plan this week, new government by mid-June
A realistic deadline for forming the new government is two weeks from now, Romania’s president Nicușor Dan said, speaking at a press conference in Vilnius on June 2. A fiscal consolidation plan agreed by the tentative ruling majority would be ready within several days, he added, according to G4media.ro. Current scenarios for fiscal reform focus on…
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Political working group drafts proposals for major public spending cuts in Romania
The technical working group formed by Romania’s four parties negotiating the formation of a governing coalition is drafting a series of cost-cutting measures aimed at reducing public expenditure, Profit.ro reported. However, no estimate of the total size of these reductions is currently available. The measures are part of efforts to meet a fiscal consolidation target of…
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Liberal leader and aspiring PM Ilie Bolojan says tax hikes nearly unavoidable in Romania
Ilie Bolojan, the interim leader of the National Liberal Party (PNL) but also his party’s expected nominee for the prime minister seat, said that the Liberals are giving priority to cutting expenditures as a way to achieve fiscal consolidation, but hiking taxes is nearly unavoidable. “We will support a package of measures in which the…
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Holmbergs files for bankruptcy in Romania, citing unpaid debts and tax claims
Swedish safety systems manufacturer Holmbergs has filed for bankruptcy for its Romanian operations, abandoning a previously planned reorganisation, Profit.ro reported on June 2. The decision follows financial pressures, including unpaid receivables from its main client and unexpected tax liabilities. Holmbergs Safety Systems, a global player with factories in Europe, the United States, China, and Hong…