Romania's state-controlled group Hidroelectrica (BVB: H2O), which faced lower turnover and profit last year amid adverse weather conditions, has earmarked RON 660 million (EUR 130 million) to invest in 2025 for diversification projects, including solar projects, according to the 2025 budget draft submitted to the shareholders' vote at the April 10 meeting.
Speaking at a conference on March 17, Hidroelectrica's CEO Karoly Borbely said that some projects are under analysis.
"There...
Bucharest Tech Week returns this summer, from June 14 to 20, for its ninth edition. This year, approximately 30,000 technology enthusiasts are expected to discover the latest tech innovations presented by about 70 exhibitors at the largest exhibition dedicated to the general public. Additionally, more than 60 speakers will take the stage at five business […]
Interim president Ilie Bolojan announced the upcoming meeting of the Supreme Council of National Defense (CSAT), scheduled for Friday, March 28, at the Cotroceni Palace in Bucharest. The agenda of the meeting includes discussions on several critical topics, notably the status and future of the ongoing conflict in Ukraine...
The EU joint acquisitions in the defense sector are an opportunity for the national defense industry, said Romania's interim president, Ilie Bolojan, at the end of the European Council meeting he attended on Thursday, March 20. The official said that discussions at the meeting were focused on accelerating measures for European defense preparedness so that […]
Romania’s Cătălina Ponor is one of the four gymnastics legends to be honored at the 28th annual International Gymnastics Hall of Fame (IGHOF) induction ceremony on May 17, according to an official announcement. The event will be held at the Petroleum Club in Oklahoma City. The 2025 IGHOF inductees are Beth Tweddle, Andreas Wecker, and […]
Value vouchers contributed over RON 32 billion to Romania’s Gross Domestic Product in 2023, which represents more than 2% of the national GDP. According to a study conducted by the Bucharest University of Economic Studies (ASE), value vouchers, including meal vouchers, holiday vouchers, gift vouchers, and cultural vouchers, have played an essential role in supporting […]
A new survey aiming to assess European citizens' views on transatlantic relations and security issues found that citizens in Romania and Poland are the most concerned about the possibility of an armed conflict in the coming years, but also share relatively positive views of Donald Trump and Elon Musk. Around 74% of Romanians, and 71% […]
