Romania and Portugal will cooperate within a Work Group in the field of energy, after a Memorandum of Understanding was signed in Lisbon on Monday between the Ministry of the Environment and Climate Action from the Portuguese Republic and the Ministry of Energy from Romania, informs the Ministry of Energy, in a press release quoted by Agerpres. According to the cited source, the Memorandum was signed in the presence of President Klaus Iohannis and Portuguese Prime Minister Antonio Costa. The Minister of Energy, Sebastian Burduja, mentioned that the establishment of this Working Group “represents an excellent opportunity to exchange expertise and experiences between the two states”. “Our goals are similar in terms of the energy transition and we addressed several topics of common interest: pumped storage hydropower projects, including Tarni?a-L?pu?te?ti; offshore wind energy in the Black Sea and the Atlantic Ocean; contracts for difference to stimulate investments in green energy and the predictability of the long-term market. There are just as many concrete opportunities for collaboration, starting from the same understanding of the moment we are going through and for which we need safe, affordable and green energy – in that order,” emphasized Klaus Iohannis. The Minister of Energy participated, between October 8 and 9, 2023, in an official visit to the Portuguese Republic, together with the delegation of the President of Romania, Klaus Iohannis. “The memorandum provides for the establishment of a Working Group, with the role of monitoring and implementing the activities agreed by the signatories. Also, being constituted at a technical level, the Working Group will identify other topics of mutual interest and cooperation. Both Romania and Portugal are at the forefront of the current energy policy, in addition to ensuring security and capitalizing on the potential for solar, wind and other renewable energy, leading to a high potential for bilateral cooperation,” the press release states.
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 […]
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 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 […]
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, […]
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 […]
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) […]
