Israeli renewables developer Nofar Energy Ltd (TLV:NOFR) has inked a EUR-76.6-million (USD 84.4m) agreement to buy solar panels from China’s LONGi Solar for projects in Romania, https://renewablesnow.com/ reads. The contract is for a power generating capacity of 576 MW. Longi will be responsible for the entire delivery process from the manufacturing to the arrival of the panels on-site, the Israeli firm said in a LinkedIn post. The deal includes taxes, import and export costs, insurance, international shipping, and the delivery of panels to the sites. Further details about the projects were not provided. In Romania, Nofar's portfolio includes a total of about 800 MW of renewable power assets, both already connected to the grid and under construction. At the beginning of 2023, Nofar unveiled a plan to build a portfolio of 1.5 GW of wind and solar schemes in Romania through 2023. Last month, the company, together with its partner Econergy Renewable Energy, inaugurated the 154-MW Ratesti solar park in Arges county, which was described as the largest photovoltaic (PV) complex in southeastern Europe.
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]
The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand. In the IT sector, the limited number of available positions led to a […]
Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]
A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
