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The Israeli company Econergy, one of the most important investors in renewables in Romania, announced that it has officially connected a new 87 MW photovoltaic park located in Oradea to the Romanian electricity grid and announced plans for a 68 MW storage facility at the project site, according to Economica.net. This brings the company’s connected…

Romania’s courier industry recorded revenues of RON8.1bn ($1.78bn) in 2024, up 17% year on year, according to data from the SMARTreports platform powered by Bridge-to-Information, Ziarul Financiar reported. The sector added RON 1.1 billion (EUR 220 million) in revenues compared to 2023, marking one of its strongest years of growth. Despite higher turnover, profitability slightly…

Consultations were held between the government, trade unions, financial markets regulator ASF, and the financial institutions involved, about the draft project for the disbursement of pensions under the pillars II and III. The consultations followed public protests to the draft law inked by ASF and promoted by the government, particularly regarding the ban on complete…

Romania’s Ministry of Labor has published for consultation a draft emergency ordinance (OUG) that would ban transfers and secondments between public institutions until the end of 2026, Cursdeguvernare.ro reported. The measure is intended to prevent civil servants from circumventing upcoming staff reductions as the government prepares a broad administrative reform that will cut tens of…

The government of Romania on August 19 endorsed an emergency ordinance (OUG) stopping the projects under the National Relaunch and Resilience Plan (PNRR) and national schemes including Anghel Saligny where the contracting procedures have not started and put on ice the projects with a completion rate of under 30% with a view of identifying financing…

The government of Romania is to submit to Parliament for endorsement under simplified procedure, with no debates or a vote, the second package of fiscal measures, prime minister Ilie Bolojan announced at a meeting of the National Liberal Party (PNL), according to Antena3.ro. The procedure, also used for passing the first package of reforms, allows…

Stadio Hospitality Concepts (SHC), one of the most relevant and forward-thinking players in Romania’s hospitality industry, has undergone a remarkable evolution in recent years, expanding its portfolio, refining its concepts, and continuously enhancing the guest experience across all its venues With each new opening or reinvention, SHC has strengthened its position as a trendsetter. Guests…

Romanian president Nicușor Dan called for firm security guarantees for Ukraine and the immediate return of children abducted during the war, stressing that both are vital to a just and lasting peace. In a message after European Council and Coalition of the Willing videoconferences on Tuesday, August 19, which followed high-level talks in Washington, Dan…

The medieval fortress of Orăștie, in western Romania, was reopened on Monday, August 18, to the general public, after several years in which it underwent a process of conservation and restoration. The fortress, located in Hunedoara County, is now part of the local tourist attractions in the Mureș Valley. “We are inaugurating an important project…

The famous Babele Cabin, located at an altitude of 2,206 meters on the Bucegi plateau near the Sphinx and Babele formations, was put up for sale for EUR 1.6 million.  Built in 1970, the building is in an advanced state of degradation and requires renovation. It has a total of 20 rooms and over 1,760…