The minister of Energy, Sebastian Burduja, signed 14 financing contracts for photovoltaic panels for municipalities and public institutions, the total value being almost 7 million euros, the ministry announced on Friday.The representatives of the ministry specify that the total value of the financed projects is 34.57 million RON (6.95 million euros), the total value granted from the Fund for Modernization being worth 29.014 million RON (5.83 million euros).The total installed power is 4.6 MW, which means an estimated electricity production of over 5.5 million kWh per year. Three towns and 10 small towns are part of this project, to which is added a financing contract with the Timisoara Polytechnic University."We support town halls and public institutions to ensure their energy independence, at the same time having green energy and a cleaner environment. Through the investments we have signed today, the municipal and urban town halls can create jobs in the community, and the money savings from electricity bills can be redirected to other needs of the residents. These contracts join nine others that we signed last week," said Sebastian Burduja.
Druid AI today announced it has secured USD 31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The investment was led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures. Kim has more […]
Drivers in Bucharest lose, on average, 12 working days annually due to congestion, according to Traffic Index 2025, an analysis carried out by the Institute for Visionary Cities. The index compares how much circulation slows down on working days compared to a free-flow regime, for the 41 county seat municipalities and Bucharest. According to the analysis, […]
Romania’s Senate and Chamber of Deputies held a moment of silence on Monday, September 15, for American conservative activist Charlie Kirk, who was shot dead at a university event on September 10. The marking of Kirk’s death came at the initiative of the far-right party Alliance for the Union of Romanians, or AUR. Both Kirk […]
A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]
The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]
The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...
