The power installed in photovoltaic parks in Romania will double, in 2024, and will exceed 4 GW, according to the estimates of a domestic start-up active in the energy field."Next year, Romania could have an installed power of 2,000 new MW from photovoltaic panels alone, almost as much as three nuclear reactors from (southeast) Cernavoda (single nuclear power plant so far, ed. n.). The pace of development and investments in this field is accelerating, in the context in which our country is in an early stage. By comparison, Romania would reach, in 2024, 4 GW installed power in photovoltaic panels, while Germany has already reached approximately 70 GW. It is little by comparison, but it shows the huge development potential of this field in Romania," explained Stelian Muscalu, development director at ECITIM.According to the specialists, in 2023, solar panels with a power of over 1,000 MW were installed, which totaled investments of approximately one billion euros, and a significant contribution to this amount came from the state, through the Photovoltaic Green House program.The ECITIM company, through the EnergiePentruToti.ro platform, offers "end-to-end" management for solar energy investment, simplifies the purchase of energy packages, ensures easy payments and legal compliance.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
