Romania’s National Recovery and Resilience Plan

CONVERTING THE OPPORTUNITY INTO ACTION26

April 2022 • 9:00 -14:00

Radisson Blu Hotel Bucharest

The European Commission has given a positive assessment to Romania’s recovery and resilience plan (PNRR) in September 2021. Hence, Romania will be assigned over 29 billion Euro out of the total Recovery and Resilience Facility (RRF) funds of 672,5 billion Euro. However, the PNRR will feature investments totalling over 40 billion Euro, to provide a menu of useful possible projects and challenging reforms, which could be co-financed by national funds if they prove their viability and can be implemented by 2026. 

In this context, The Diplomat-Bucharest will organize on April 26, 2022 an event exclusively focused on PNNR, when leading representatives of central and local authorities, Governmental officialities, private companies and economy stakeholders are invited to engage into an open dialogue about the opportunities and challenges of capitalizing on the great opportunity of PNNR. 

The event benefits from the support  of: 

GOLD PARTNERS: Oracle, Romgaz

SUPPORTING PARTNERS: AMR, World Energy Council, BRCC- British Romanian Chamber of Commerce, AHK Romania, Belgian Luxembourg Romanian Moldovan Chamber of Commerce, Henro – Energy Producers Association, Cluj IT Cluster, Anis Romania, ACUE – Federation of Associations of Energy Utility Companies, ADAA-Association for the Development of Local Entrepreneurship, Lovering & Partners Business Performance Consultants, HIM Public Affairs, SCS, Wave

MEDIA PARTNERS: Automotive Today, Outsourcing Today, Financial Intelligence, Economistul, Romania Durabila, Club Economic, Ziarul Bursa

Note: The event may be organized only online in the case that current context will exclude the indoor venues.

EVENT AGENDA

The PNRR is structured to address 33 components in Romanian economy, distributed on the 6 pillars on which the RRF is structured: green transition; digital transformation; economic cohesion, productivity and competitiveness; social and territorial cohesion; health, economic, social and institutional resilience; policies for the next generation. 

The financing provided by the Recovery and Resilience Facility – at the heart of NextGenerationEU – will support the implementation by 2026 of crucial investment and reform measures put forward by Romania to emerge stronger from the health, social and political turmoil of 2021. 

9:00-9:30   Registration and Welcome Coffee

9:30-11:00 Panel I: THE VOICE OF DECISION MAKERS & DIGITALIZATION OPPORTUNITIES 

PROPOSED TOPICS

ECONOMIC & SOCIAL POLICIES. DECISION MAKING

How is the PNNR opportunity seized at the level of decision making in Romania, how confident are the economic and market regulators in implementing the projects by capitalizing on the PNNR funding. What should be done to secure these funds in the advantage of Romanian economy and addressing viable projects & reforms. 

• Challenges, risks, costs and opportunities of PNNR 
• Authorities dialogue, decision making decentralization. Improving the legislative and regulatory framework
• Major projects to be developed through PNNR 
• Increasing the institutional capacity of the public administration

ADDRESING THE DIGITALIZATION & COMPETITIVENESS

As stated in EU documents, in order to remain competitive, businesses and local authorities must “formulate and execute strategies that embrace the implications of digital transformation and drive better operational performance”, in the benefit of economies and citizens. What is the status and how does the future look for Romania in this sector? 

• How to improve the business environment through economic competitiveness and digitalisation 
• Investing and expanding the broadband and 5G connectivity
• Availability of projects and financing opportunities through PNNR
• Digitalizing the public administration
• Opportunities for private companies and SMEs

11:00-11:20 Coffee break

11:20- 13:00   Panel II: THE ENERGY & WASTE MANAGEMENT APPROACH 

THE ENERGY TRANSITION: TACKLING CHALLENGES AND PRIORITIES 

2022 brings the opportunity for  a connected climate control market. Also, most manufacturers of heating systems are making their own controls and actively pushing for them. As well, some governments are trying to accelerate this market and customer awareness is just better than ever. The world is now shifting towards a fully integrated technology approach and it is fundamentally reconsidering its energy resource base. 

• Energy models s enabled by PNRR 
• Opportunities for the development of local facilities and green energy projects 
• Tackling the energy crisis – the dramatic increases in gas price and electricity prices
• Challenges and priorities of the energy sector in 2022 and PNRR’s implications 

WASTE MANAGEMENT : THE NEED FOR A NEW APPROACH AND BETTER APPLICATION 

The modern life and the increase of consumption at any given layer of a society results in such an amount of waste that, at some point, grows into a life-threatening issue. The entire waste must be managed, that’s a fact. The aspects that are wrapped into the concept of management are far more complicated and that is why, in Romania, the waste management and the sustainable recycling matter are far from being a success. 

• Easy and accessible waste management models in Romania
• Recycling methods vs. traditional waste disposal 
• PNRR’s opportunities in tackling the waste management segment in Romania 
• Converting waste to energy (WTE models) 
• Regulations and authorities’ commitment to tackling the matter of waste management 

 13:00-14:00 Networking lunch

About: PNNR money assignment

• Railway modernisation: Modernising railway infrastructure, including electrified or zero-emission railways and rolling stock: 3.9 billion Euro
• Urban mobility: Infrastructure for a green and more secure urban transport: 1.8 billion Euro
• Clean energy production: Phasing-out of coal and lignite power production, deployment of renewables as well as related production processes, and hydrogen: 855 million Euro
• Energy efficiency of buildings: Energy-efficient renovation and seismic renovation of buildings: 2.7 billion Euro
• Biodiversity and environmental protection: 1.1 billion Euro

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TARGETED AUDIENCE

Policy & decision-makers, authorities & market regulators

Administration services to the citizen

Municipalities, regional councils, local administration

C-level business leaders in Energy and utilities companies

C-level business leaders in financial institutions

Green-mobility solutions providers and developers

Technology & IT solutions providers and developers