Romania has an onshore wind capacity of 3 GW and an offshore wind resource large enough to produce more energy than it will ever need, World Bank Group representatives claim in a statement.The document refers to the Development Program for Offshore Wind Energy: Roadmap - Offshore Wind Energy in Romania."Globally, the technology for offshore wind energy (OSW) provides large volumes of energy from GW-scale projects, at prices competitive with those of new conventional generation technologies. Romania already has an onshore wind capacity of 3 GW and a resource large enough offshore wind farm that could produce more energy than Romania will ever need The present report highlights the potential for a capacity of up to 7 GW of offshore wind platforms, located at least 50 km from the coast and, in the largest part, in relatively shallow waters, which could be built from the beginning of the 2030s, using Romania's well-equipped port facilities, the supply chain based on steel products and other local workers," the press release reads.According to the quoted source, although there is not as much wind in the Black Sea as in most of the maritime areas of Northern Europe, a regional market is likely to be established, with the development of projects in Bulgaria's exclusive economic zones, Turkey and Ukraine."The regional and global OSW markets will offer other opportunities for Romanian suppliers. The impact on the environment is a key aspect to consider, beyond the reduction of carbon dioxide production and the amount of water used in technologies based on generation technologies Conventional. A key uncertainty in Romania in this regard is represented by the migration routes of birds to/from the wetlands of the Danube Delta," the document states.The impact and potential of the development of offshore wind energy in Romania, as well as the economic and social opportunities that this industry can bring to our country, are highlighted in the "Offshore Wind Roadmap for Romania" report, a study carried out by the World Bank, which was launched after two years of work, the representatives of the Ministry of Energy announced on Friday in a press release.
Romanian singer Alexandra Ușurelu will perform a Christmas Charity Concert on Thursday, December 18, at the Ibis Bucharest Politehnica Hotel. The event will raise funds to support the education of 100 children with severe illnesses through the Păsări Association. According to the organizers, each ticket purchased will contribute directly to this cause. Alexandra Ușurelu, known […]
eXp Realty, a leading independent real estate brokerage and a subsidiary of eXp World Holdings (Nasdaq: EXPI), has officially entered the Romanian market as part of its ongoing global expansion. The company also launched in Turkey, Peru, Japan, Ecuador, and South Korea in 2025. The company reported third-quarter sales volume of USD 54.1 billion and […]
About 75% of Romanian employees say that work plays an important role in their lives, but is not their life’s main purpose. Moreover, only 9% of Romanian employees are completely disengaged at work, according to a Pluxee-Ipsos study that surveyed 8,700 employees across 10 countries. Far from confirming the “Great Detachment,” the study presents several […]
The Romanian chain of stores Contakt, a leader in mobile phone accessories retail, announced its entry into the Czech market this week. The company is currently conducting an initial public offering (IPO) on the Bucharest Stock Exchange (BVB). Contakt has already signed for two locations in Prague, in premium retail areas located in high-traffic malls. […]
Romania is expected to be affected by a mass of Saharan dust between November 21 and 23, according to the National Meteorological Administration (ANM), as reported by Digi24. The airborne particles, carried by a south-westerly air flow, will spread across much of the country, with dust deposits becoming visible particularly in areas...
Romania’s business landscape has undergone a significant transformation, with company revenues tripling and profits increasing more than fourfold between 2008 and 2024, according to a comprehensive study released by Termene.ro. Based on official financial data, the research highlights what analysts describe as the country’s entry into a “new normal” of economic maturity. The study showed […]
