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Monsson Group has transferred full ownership of a 50 MW solar park in Chișinău-Criș, Arad County, to NEPI Rockcastle. Construction of the project, which includes an energy storage unit for improved efficiency and grid balancing, is set to begin in January 2025, following its approval in 2024. Sebastian Enache, Monsson board member, expressed optimism about…

Romania’s automobile production surged by 19% year-on-year in October, reaching a record 58,657 units, according to the Association of Automobile Manufacturers in Romania (ACAROM). This marks the highest monthly output in the country’s history. Of the total production, Dacia’s Mioveni plant contributed 31,030 units, while Ford Otosan’s Craiova plant produced 27,627 vehicles, Ziarul Financiar reported.…

The Ford Otosan plant in Craiova, Romania, reached its highest-ever monthly production in October, assembling over 27,600 vehicles, according to data from the Romanian Automobile Manufacturers Association (ACAROM). This marks a milestone for the facility, which has seen rapid growth in production volumes. In the first ten months of 2024, the plant produced 207,162 vehicles,…

Nicolae Ciucă, the Liberal candidate in the presidential elections, resigned from the helm of the National Liberal Party (PNL) on Monday, November 25, after a very low score in the first election round. Ciucă gathered only 8.79% of the votes – a record low for the Romanian Liberals’ post-communist history. Prime minister Marcel Ciolacu also…

Romanian prime minister Marcel Ciolacu announced that he is stepping down as leader of the Social Democratic Party (PSD) after finishing in third place in the first round of the presidential elections. Nicolae Ciuca, the president of the junior partner in the governing coalition, the National Liberal Party (PNL), is also under pressure after gathering…

Around 2,500 military personnel and specialists from Romania’s Ministry of National Defense, Ministry of Internal Affairs, Romanian Intelligence Service, Special Telecommunications Service, National Administration of Penitentiaries, and Customs Authority will participate in Bucharest’s National Day parade on December 1.  In addition, the military parade held at the Arch of Triumph will also feature 190 technical…

Romanian violinist Diana Jipa and pianist Ștefan Doniga are poised to make history on December 14, 2024, when they perform a concert in Antarctica, marking the final leg of their world tour and breaking a Guinness World Record for the “fastest time to play a concert on each continent.” The Romanian musicians will become the…

The most important 20 stocks of the Bucharest Stock Exchange were down on Monday, November 25, as investors reacted in shock to the results of the first round of the presidential elections. The voting saw the rise of lesser-known far-right candidate Călin Georgescu to first place, while candidates of the current center coalition were left…

The first round of Romania’s presidential elections brought significant surprises, with nationalist independent candidate Călin Georgescu taking an unexpected lead. He is most likely set to face reformist leader Elena Lasconi (USR) in the second round. The results reflect a reshaped political landscape, with both traditional parties – the Social Democratic Party (PSD) and the…

Over 732,000 Romanians out of a total of nearly 1.78 million voted on Sunday, November 24, in the referendum initiated by Bucharest mayor Nicușor Dan. Over 60% agreed to increase the mayor’s powers. A minimum of 30% of voters needed to cast their option for the referendum to be validated. Roughly 41% voted, thereby validating…