The Government approved, on Thursday, the ratification of the Framework Agreement on the establishment of the International Solar Alliance (ISA), signed by Romania in Dubai, United Arab Emirates, on December 3, 2023.According to a press release from the Executive, the ratification of this Framework Agreement will strengthen Romania's international cooperation with the member states of the International Solar Alliance."By associating with ISA and promoting projects for the use of solar energy, Romania contributes to achieving the objectives established within the European Green Deal (Green Deal), an important initiative to combat the effects of climate change. At the same time, the Framework Agreement provides for the designation of a National Contact Point for ISA with the task of developing programs, promoting financing for innovation, research and development activities, facilitating the exchange of ideas between specialists," the press release states.Currently, 118 states have signed the ISA Accession Agreement."ISA, established in 2015, in Paris, at the initiative of India and with the support of France, is a coalition of countries rich in solar resources, designed to meet the needs of energy consumption. The organization provides a platform for global cooperation, including governments, bilateral and multilateral organizations, corporations and other interested parties, to increase the use of solar energy. In April 2022, the Ministry of Energy of the Romanian Government initiated the steps to join the International Solar Alliance, after participating as an observer in the General Assembly of ISA in October 2021," the press release mentions.The draft law approved by the Government will be sent to Parliament for debate and adoption.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
