Category: Uncategorized

The capacity of the new wind farms planned to come online in Romania will increase gradually from 380 MW this year to 490 MW in 2025 and 600 MW in 2027, summing up to nearly 1.5 GW over the three-year period, according to Ziarul Financiar quoting WindEurope estimates. In 2024, wind farms with a capacity…

Romania’s state-controlled group Hidroelectrica (BVB: H2O), which faced lower turnover and profit last year amid adverse weather conditions, has earmarked RON 660 million (EUR 130 million) to invest in 2025 for diversification projects, including solar projects, according to the 2025 budget draft submitted to the shareholders’ vote at the April 10 meeting. Speaking at a…

Romania’s largest publishing house, Litera, founded in 1989 in Chisinau by Moldovan entrepreneur Anatol Vidrascu, announced it is taking over the online marketplace Elefant.ro from the insolvent online retailer Elefant Online, planning to turn it into a modern online platform for selling books, toys, stationery, and school supplies. Before its insolvency was announced in 2024,…

Healthcare network MedLife has acquired a majority stake in All Clinic, in the Republic of Moldova. This is MedLife’s second transaction outside of Romania after its 2019 takeover of Rózsakert Medical Center Group in Hungary. The deal will allow the Romanian group to get acquainted with a new market and scale its business, it said.…

Parents are required to pay, on average, nearly RON 10,000 (EUR 2,000) per year for private tutoring, after-school programmes, and educational materials, according to a survey by Save the Children Romania, based on data collected at the end of 2024.  Compared to 2021, the average annual cost borne by parents for their children’s education has…

Based on the available polls, an evaluation of the candidate’s potential, and considering the dynamics of the electoral debates, three major candidates emerge as main players ahead of the presidential rerun scheduled for May: ruling coalition’s candidate Crin Antonescu, the president of far-right party AUR George Simion, and Bucharest mayor Nicusor Dan – running as…

Turkish group Koç Holding is planning to expand its operations in Romania with its medical services divisions and is currently seeking land for a hospital that is expected to involve EUR 100 million in investments, according to Profit.ro. Koç Holding is already active in Romania with automotive and home appliances through Fort Otosan, Arcelik (Beko…

The yearly celebration of French cinema is on in Bucharest and several other cities in the country, while coffee lovers can head to a dedicated festival in the capital. In Bucharest: French Film Festival March 20 – March 30 The yearly event dedicated to French cinema returns to Bucharest and eleven other cities in the…

The fifth edition of The Economist Romanian Business & Investment Roundtable bought a dynamic discussions on Romania’s evolving economic landscape. Amid intensifying global competition and emerging protectionist trends, speakers highlighted that globalization is not in decline but undergoing transformation. While great power rivalries reshape market conditions, Romania remains well-positioned to adapt and thrive by strengthening…

Bela Fleck, Meshell Ndegeocello, and Adi Oasis are among the artists set to perform at this year’s edition of JAZZx, the jazz festival held in Timișoara, in western Romania. They add to the first announced names, namely Jacob Banks, The Philharmonik, New Fossils, and Zaharenco. The event, at its 13th edition this year, will take…