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The Mega Image store chain controlled by Ahold Delhaize has announced a series of commitments aimed at ensuring the smooth functioning of the retail market, particularly regarding its acquisition procedures, if the Competition Council approves the economic concentration resulting from the acquisition by the Ahold Delhaize group of the Profi store network in Romania. The…

The capacity of the 87 wind and solar energy generation projects in Romania that have concluded power grid connection contracts, have a construction permit and also obtained a permit from energy market regulator ANRE reached 3,514MW, according to ANRE data quoted by Economica.net. The volume is almost double compared to March 1, when the installed…

Farmers whose crops were affected by drought in proportion to 50% this year will not have to pay their debts to banks and non-bank financial institutions until August 1, 2025, according to one of the three emergency ordinances endorsed by the government of Romania on October 9. Minister of agriculture Florin Barbu announced that the…

The European Commission approved on October 10 the financial aid from the European budget in the total amount of EUR 119.7 mln aimed to provide exceptional support to farmers affected by unfavourable climatic phenomena in several countries, out of which EUR 21.5 mln will go to Romania, according to G4food.ro.  Other beneficiary countries are Italy,…

The European Commission will reportedly disburse only part of the EUR 2.3 bln Resilience Facility money to Romania, with EUR 1.1 bln temporarily retained for failure to meet a number of targets and milestones, according to sources familiar with the matter consulted by Economedia.ro.  The part of the money retained until all targets are met…

The Northern Lights colored Romania’s skies again on the night of Thursday, October 10, to Friday, October 11. People from across the country witnessed the natural phenomenon and shared spectacular images on social media. Caused by a powerful geomagnetic storm, the northern lights were visible from across Romania, from Bucharest to Baia Mare, Călărași, Galați,…

The shareholders of One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office real estate, approved several key resolutions during the General Meeting of Shareholders held on October 10th, 2024. These include approving the audited financial statements for the first six months of 2024, the payment of the first tranche…

Tessaract Architecture, the Bucharest-based architecture studio specializing in healthcare, won the Healthcare category prize at the Share Architects Awards for the project of the Children’s Hospital built at Marie Curie Hospital in Bucharest by the non-profit Dăruiește Viață. Share Architects Awards recognizes works in architecture from Central and South Eastern Europe. It brought together 74…

The European Digital Commerce event (EDC), organized by VTEX and Amazon Web Services on 18th November at Nord Events, brings together leaders from ecommerce, a sector that has become an essential driving force in Romania’s digital economy in recent years. Responsible for 25% of Romania’s GDP growth rate over the past decade and expected to…

Mircea Cărtărescu’s novel Theodoros is on the shortlist of nominations for Prix Médicis 2024. The jury announced the second selection on October 9, and Theodoros was added to the list of foreign novels.  “Published this autumn in French, Spanish, German, Italian, and Bulgarian, Theodoros is one of the most acclaimed novels of this year in…