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Auction for CfD green energy contracts in Romania to start from high prices

March 12, 2024

The negotiations for the contract for difference (CfD) arrangements, by which Romania wants to extend EUR 3bn grants to investors in solar and wind facilities, will start from EUR 91 per MWh for solar energy and EUR 93 per MWh for wind energy, in the context in which the price of spot energy is on a downward slope, Ziarul...

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Emmy Stoel appointed as the new General Manager of InterContinental Athénée Palace Bucharest

With extensive experience in the luxury hospitality sector, gained as General Manager of Sofitel Legend The Grand Amsterdam and Hotel Okura Amsterdam (LHW), as well as in various Director of Operations and Business Development roles, Ms. Emmy Stoel is a seasoned professional whose career reflects a deep passion for excellence in guest service, having successfully […]

Six knives found on woman trying to enter Romanian Parliament

Security officers at Romania’s Parliament stopped a woman on Friday morning, September 12, as she attempted to enter the building carrying six knives, according to media reports.  The woman, a 35-year-old from Moldova, was on a supplementary guest list submitted by the nationalist AUR party for an economic forum scheduled inside the Palace of Parliament, […]

Asia Fest 2025 brings three days of Asian culture, food and music to Bucharest

Bucharest will host the 12th edition of Asia Fest, the largest festival dedicated to Asian culture and gastronomy in Southeast Europe, from September 19 to 21 at the National Arena’s courtyard. Organizers describe the event as a “journey through Asia,” combining culture, entertainment, and sustainability initiatives. The three-day festival will showcase traditions, music, dance, and […]

Romania’s Alba Iulia to host 10,000 people at 2.7-km community table in Guinness World Record attempt

The Romanian city of Alba Iulia will attempt to set a Guinness World Record on Saturday, September 13, with Masa Care Unește/The Table That Unites, a massive community gathering where more than 10,000 people will sit at a 2.7-kilometer-long table built entirely from recycled materials around the historic Alba Carolina Citadel. The event, organized by […]

Discount retailer Pepco opens 500th store in Romania as it marks 10 years in the market

Discount retailer Pepco celebrated a decade of operations in Romania on Thursday, September 11, with the opening of its 500th store nationwide. The company, which first entered the country in 2015 with stores in Bucharest, Ploiești, and Câmpina, now operates in more than 100 cities and employs nearly 4,000 people. Romania has become Pepco Group’s […]

Romanian Social Democrat MP under fire for EUR 140,000 SUV and countryside corner shop

Social Democrat (PSD) MP Mihai Weber, head of the parliamentary defense committee, came under fire after investigative platform Snoop unveiled his EUR 140,000 hybrid Mercedes AMG GLE 53 purchased this year through a small firm that operates no more than a countryside...