The capacity is part of the first hybrid photovoltaic-wind-battery project, installed at the existing operational 50 MW project.
A striking 88 percent of respondents across the world said they were planning to increase their FDI in the next three years—up 6 percent from last year.
Romania has the capacity and all the resources to make the transition to renewable energy as quickly as possible and to become a 100% green country.
An innovative legislative project aimed at amending Law No. 31/1990 on companies, has entered the final decision-making stage in the Chamber of Deputies.
Romanians show more and more interest in becoming entrepreneurs, in quitting their jobs and building their future on their own.
In Europe, out of four glasses of clean water extracted and produced, one is lost on the way to the final customer and never reaches the tap.
In 2024, Romania's economy is expected to continue its growth trend, but at a more moderate pace.
e automotive and electronics industries are the engine of the transport of Romanian goods to Europe.
The number of Romanian tourists staying in the country's hotels reached almost 7 million in 2023.
The annual inflation rate dropped in February 2024 to 7.23%, from 7.41% in January.
Romania's economy has performed well in recent years, driving living standards higher and supporting convergence with OECD countries.
Over 80% of the market value is represented by the residential segment. Last year, the European market has reached €1.1 billion last year.
Noark Electric Romania announces the inauguration of their logistics center in Romania, which will serve the countries in the region.
Women in Romania earn on average 4.5% less than men, well below the European Union average of 12.7%. Still, the indicator in the private sector is way higher (8.6% on average).
In 2023, Pepco has employed more than 30,000 women in its European retail chains, with women accounting for up to 93% of the retailer's workforce in Europe.
Romania was a top beneficiary of EIB financing in 2023, with total financial commitments reaching a record high of €4.1 billion.
The BMW Group and NTT DATA Romania have signed an agreement to establish a Joint Venture (JV) in Romania.
The Public Country-by-Country Reporting Directive (Public CbCR) was published in the Official Journal of the European Union (EU) on 1st December, 2021.
Bulgaria, Croatia, Greece, Romania, Serbia and Slovenia already comply with the EU's 2030 target for 15% grid interconnection compared to installed power.
Solero Technologies, a global supplier of automotive components, has announced a significant expansion into Europe through the acquisition of Kendrion's automotive business.
7X Partners, a private equity investment company, has acquired a 40% stake in Leventer Medical Group, a centre for dermato-oncology based in Bucharest.
Bucharest is poised for a significant expansion in its data centre capacity, with projections indicating a rise from the current 20 MW to 50 MW within the next two years.
Fil Rouge Capital (FRC) has announced the launch of its latest €60 million venture capital fund (FRC3) and is officially expanding its operations into Romania.
The European Bank for Reconstruction and Development (EBRD) has announced the launch of an international tender to find new investors for Giurgiulești International Free Port.