Romanian state-controlled company Hidroelectrica, the largest electricity producer in the country, ponders building a green hydrogen production unit with a capacity of 50 MW and a photovoltaic park with energy storage batteries on the island Ostrovu Mare on the Danube, located near the hydropower and navigation system Iron Gates II. The company seeks a consultant to prepare the feasibility study and other documentation needed for the project, according to Profit.ro. The project aims at producing green hydrogen from water hydrolysis, using a hydrolyzer with an installed capacity of 50 MW, using as resources the water of the Danube River and renewable energy produced in the dedicated photovoltaic park. The feasibility study is aimed at analysing whether it is possible to connect the dedicated hydrogen production unit to the Iron Gates II hydropower plant, as a backup option to the photovoltaic park, as well as to assess the optimal installed power of the solar power plant. Hidroelectrica wants to start producing ultra high-purity green hydrogen at Ostrovu Mare in Mehedin?i in 2026, aiming for a process efficiency of 75%, a minimum load of 10% and a production of at least 7,500 tonnes per year. The company envisages obtaining no more than EUR 4 per kilogram of H2. The company also wants to produce green hydrogen, through a hydrolyser of at least 100 MW on the Olt River, in a project that also involves the construction of a photovoltaic park with an installed capacity of at least 300 MW.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
