The contract for upgrading Vidraru Hydropower Plant, a 200 million euro investment, was signed on Tuesday in Arges county, in the presence of premier Marcel Ciolacu and energy minister Sebastian Burduja. The contract signing ceremony was attended by Marija Kapitanovic, the Croatian ambassador to Bucharest, since a Croatian company will be involved in the upgrading process. “It is an important event for the Romanian energy sector and for bilateral relations between Romania and Croatia. Koncar, the company involved in the project, represents excellency in the energy sector,”said the ambassador. The association between Electromontaj (association leader), Koncar engineering Co.Ltd for Production and Services and Butan Group won the contract for the upgrading of Vidraru Hydropower Plant, worth 188.382 million euros, Hidroelectrica informed on July 1st. According to the source, AHE Vidraru is one of the most representative hydropower objectives in Romania and the power plant, with an installed power of 220 MW,is playing an important role for the National Power Grid. Vidraru Hydropower Plant, commissioned in 1966, uses the waters of Arges river potential on a sector 28 km long, between Cumpana and Oiesti, turning to account a water fall of 324 m. The lake has a volume of 465 million cu.m., of which 320 million cu.m represent useful volume. Vidraru Dam was, when inaugurated, the fifth in Europe and 9th in the world among similar buildings. It ensures an annual electric energy output of 400 Gwh. Hidroelectrica is the largest green energy producer in Romania amd supplies technologicalservices for the National Power Grid. The company operates 187 power plants with a capacity of 6.3 GW. Moreover, it has a wind park at Crucea, with an installed power of 108 MW and a share of 13.09% in the supply market.
More than 2 out of 3 Romanian consumers do not return for a second purchase, according to the new Customer Loyalty Index, a comprehensive analysis based on aggregated data from campaigns and authored by White Image, the oldest email marketing company in Romania. The Index analyzes the post-purchase behavior of Romanian consumers and highlights major […]
Fashion retailer Primark announced major plans to expand its presence in Romania, confirming four new store openings for 2026. This will double its presence in the market and create over 450 new jobs. The announcement arrived at an important moment for the company, which marked three years since the opening of its first Romanian store […]
Romania’s National Road Investment Company (CNIR) awarded on Tuesday, December 16, the contract for the design and construction of the Bacău–Piatra Neamț express road to a Romanian–Bulgarian consortium. The value of the contract is RON 5.17 billion (some EUR 1 billion), excluding VAT, and its signing will take place if no appeals are filed. The […]
Romania will host its first mixed team European Judo Championship in 2027, according to the Romanian Judo Federation. The competition will take place at a key moment in the Olympic cycle, when the points earned will directly influence world rankings and qualification for the Olympic Games, according to FR Judo. The event will...
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union […]
Carrefour Romania has expanded its proximity retail network, reaching 200 Express stores and 191 Market locations nationwide, as part of its strategy to strengthen convenience formats. The retailer announced that the 200th Carrefour Express store will open on December 22. In 2025 alone, Carrefour opened 27 Express stores, including 19 company-operated units and eight franchise […]
