The Romanian subsidiary of the French utility group Engie announced that it completed the acquisition of a 54 MW ready-to-build wind project in Mereni, Constanța County, on April 29. The project, located in a region known for strong wind resources, comes with all necessary permits, allowing construction to begin later this year. Commissioning is expected by 2027.
The Mereni wind farm is projected to generate 180 GWh of electricity annually - enough to supply approximately 90,000 households...
EVERGENT shareholders approved a gross dividend of RON 0.11 per share. The Activity Program and the Income and Expenditure Budget for 2025 have been approved, as well as an investment program valued at RON 224.9 million A share buyback operation was approved, aimed at reducing the share capital and implementing „stock option plan” programs. The […]
The German Embassy in Bucharest announced on Wednesday, April 30, a financing of EUR 495,000 to support German-language education in Romania in 2025. The project aims to facilitate the continued learning of the German language at a native level for students in Romania through regular professional development of German-speaking teachers and the development of modern […]
The first edition of the Portuguese Language Film Festival, an event gathering films from the Portuguese-speaking world, takes place between May 8 and May 11 at Cinema Studio in Timişoara. The festival highlights "the diversity and universality of the Portuguese language, one of the most spoken languages in the world, on four continents." Through its […]
The Romanian government approved the purchase of 12 electric subway trains during the meeting on Wednesday, April 30, in a project valued at RON 1 billion (RON 200.9 million). “The trains will be introduced on Subway Line 4, Gara de Nord–Străulești, and then on the future Line 6, 1 Mai–Otopeni," Romanian prime minister Marcel Ciolacu […]
Oil and energy producer OMV Petrom, one of the largest companies in Romania, saw its profits drop 24% compared to the same period last year, reaching RON 1.1 billion (EUR 220.9 million). The company benefited from the rise in energy prices after the start of the war in Ukraine, with its profits rising sharply in […]
Radu Jude's Kontinental '25, which earned the Romanian director a Silver Bear for Best Screenplay at this year's Berlinale, is scheduled to open in Romanian cinemas on June 20. The film, a mix of drama and comedy, follows bailiff Orsolya as she makes various attempts to address her feelings of guilt following the suicide of […]
