Category: Uncategorized
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JT Grup Oil completes EUR 30 mln oil terminal at Constanța Port
Romanian fuel distributor JT Grup Oil announced that it completed a EUR 30 million oil terminal at the Port of Constanța and is preparing to begin operations. JT Terminal has an annual handling capacity of up to 1 million metric tons of petroleum products and, according to the company, is the first privately owned oil…
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Speedwell plans EUR 24 mln final phase of Paltim project in Timișoara
Real estate developer Speedwell said it is preparing the final phase of its Paltim mixed-use project in Timișoara, in western Romania, after securing approval for a revised zoning plan and obtaining an urban planning certificate. The EUR 24 million phase will add approximately 108 apartments and 1,200 sqm of retail and service space. The new…
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Far-right party AUR seeks anti-corruption investigation into Romania’s SAFE defense program
Romania’s far-right Alliance for the Union of Romanians (AUR) filed a criminal complaint with the National Anticorruption Directorate (DNA) concerning the preparation and award of projects financed through the EU’s Security Action for Europe (SAFE) instrument. The party is asking prosecutors to investigate possible irregularities in the selection of companies, negotiations, financing, and implementation of…
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Weekend calendar: Asia Fest in Bucharest, Sibiu Jazz Festival, RROMA Film Festival in Brașov
Those in Bucharest can choose from the varied events of the Open Streets program, a sports festival, and an event showcasing Asian cultures, while jazz takes over Sibiu. In Bucharest: Asia Fest September 4 – September 6 Music, dances, traditional and contemporary performances, gastronomy, martial arts, cosplay, K-Pop, exhibitions and interactive workshops will tell the…
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Contemporary art breathes new life into small railway station in northern Romania
The building of the railway station in Săcel, in Maramureș County, will host contemporary art and community programs as part of a project developed by the Romanian Association for Contemporary Art (ARAC)/ Anca Poterașu Gallery. The station in Săcel (Halta Săcel) is located on an active railway line, with four trains stopping there daily. This…
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Paul Lynch, David Foenkinos and Aleksandar Hemon among guests of this year’s literature festival in Iași
The Iași International Literature and Translation Festival (FILIT) returns this October, when the public will have the opportunity to meet leading names from the Romanian and international literary and cultural scene. Among the authors who will be present in Iași are Paul Lynch, the winner of the 2023 Booker Prize for the novel Prophet Song,…
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Romania’s government drafts contingency plan to keep Cernavoda nuclear power plant safe
After detonating a large rock and sinking several barges, the government of Romania has drafted a new plan to raise the level of the Danube near the Cernavodă nuclear power plant (NPP) in order to maintain the safety of the nuclear installations, which require a minimum amount of water even when not generating power. The…
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Romania’s factory-gate inflation eases to 8.8% y/y in July
The industrial production price index, also known as factory-gate price inflation, eased to 8.8% y/y (+0.7% m/m) in July from double-digit readings in May-June, driven by base effects. Factory-gate price inflation accelerated in H2 last year following the liberalisation of electricity prices and, more recently, amid the war in the Middle East – both episodes…
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Market incentives and rising installed RES-E capacity encourage more BESS investment in Romania
During August, the power output capacity of Romania’s BESS installations increased by 100 MW, while their storage capacity rose by 335 MWh, indicating significant expansion and a shift towards equipment with longer discharge durations. At the end of the month, Romania reached 1,094 MW of installed BESS power capacity and 2,310 MWh of storage capacity,…
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Spot electricity price in Romania up 25% m/m, doubles y/y in August
The average price on Romania’s day-ahead market (DAM) reached RON 793 (some EUR 150) per MWh in August, up around 25% from July and more than double the RON 396 per MWh recorded in August 2025, according to Economica.net and Profit.ro, which compiled data from the local market system operator OPCOM and the European association…