Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. The feasibility study for the HVDC project that...

The feasibility study for the HVDC project that will connect the Black Sea to Hungary has been completed

May 15, 2025

Transelectrica, TAQA, Meridiam, and E-INFRA welcome the successful completion of the feasibility study for the High Voltage Direct Current (HVDC) interconnector linking the Black Sea to Hungary.   Conducted by CESI, the study confirms both the technical feasibility and economic rationale for the planned underground transmission system. The project is supported by the Romanian Ministry of Energy and aligns with European objectives to enhance grid resilience and integrate renewable sources.   The HVDC interconnector is a key step in strengthening regional energy networks and enabling the transmission of renewable electricity from Romania to neighbouring countries. By using existing infrastructure corridors, the project is expected to reduce permitting timelines and environmental impact, while supporting a more efficient and reliable transmission system.   The consortium remains committed to advancing the project in coordination with national and European stakeholders, building on the positive outcomes of the study and in line with Romania’s long-term energy goals.  

Read in full - click here
Romanian proptech company Vaunt expands in US, boasts EUR 860 mln transaction portfolio

Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]

Western Romania: IVF network Embryos acquires clinic in Oradea

IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria.  The turnover […]

Romania ranks fourth in Coface CEE Top 500 companies ranking, with 56 companies

Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]

Romanian fintech Instant Factoring secures EUR 30 mln financing structure to support SMEs

Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]

BVB-listed real estate company Meta Estate Trust appoints new CEO

Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]

Legendary Romanian coach Emerich Jenei dies at 88

Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona.  Emeric Alexandru Ienei (Imre Sándor Jenei) […]