The budget allocated to energy in PNRR is 1.62 billion euro, the highest sum, of 515 million euro, to be directed to the infrastructure of gas distribution from renewable sources and the production capacities of green hydrogen, according to the interim minister of energy, Virgil Popescu.The minister presented on Friday on Facebook the investments in energy towards which the money allocated through PNRR goes. It is about new production capacities of electricity from renewable sources – 460 million euro, the development of a legislative framework and regulation favourable to the technologies of the future, especially hydrogen and stocking solutions – one million euro, infrastructure of gas distribution from renewable sources – using natural gas in combination with green hydrogen as a transitory measure) as well as production capacities for green hydrogen and/or its use for electricity storage – 515 million euro, the development of capacities of gas production, flexible and high efficiency, for the cogeneration of electricity and thermal energy (CHP) in the sector centralized heating, with a view to decarbonisation – 300 million euro, industrial chain of production and/or assembly and/or batteries recycling, cells and photovoltaic panels (including auxiliary equipment) and new capacities of electricity storage – 280 million euro, energy efficiency in the industrial sector – 64 million euro. ‘Due to these investments, radical changes will be made in the energy system of Romania! As a total, through PNRR, Romania will benefit from 29.2 billion euro. The money will be offered in installments, depending on the meeting some objectives, called landmarks and targets. As a total, there are 507 landmarks and targets to meet until 31st December 2026’ said Virgil Popescu.The president of the European Commission, Ursula von der Leyen, announced on her Twitter account that Romania’s PNRR was approved by the EU Council.
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The local Google team now counts more than 400 people, having grown from a small staff of a few employees in November 2010, when the US company opened an office in Bucharest. The Bucharest technology hub is currently Google’s largest wearables development center in the EMEA (Europe, Middle East, and Africa) region, and the solutions […]
On Thursday, October 30, 2025, over 150 board members, executives, and thought leaders gathered at the InterContinental Athénée Palace Bucharest for the Future of Boards Awards Gala 2025, organized by Envisia, the first business school in Central and Eastern Europe dedicated to the professionalization of board members and governance leaders. The event recognized responsible leadership […]
STIRIXIS Group’s projects were awarded as the best in their category in Greece and were shortlisted for the European Awards of the International Property Awards 2025, to be presented in January. STIRIXIS Group, the Greek strategic design company with an international presence in 29 countries and more than 850 projects worldwide, was honored in London […]
Romanian studio Amber collaborated with Amazon Game Studios and Death Row Games on the development of Courtroom Chaos: Starring Snoop Dogg, an AI-animated video game in which the rap artist appears in the role of a judge, Startupcafe.ro reported. In the game, up to six participants can play using only mobile phones, which connect to […]
Germany will provide more than EUR 500,000 this year to support teachers working in German-language education across Romania, the German Embassy in Bucharest announced. Through the Embassy, Germany is funding the project “Support for Teachers in German-Language Education in Romania” with a total of EUR 505,000. The initiative aims to promote the German language as […]
