Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Business opportunities in Central America for Romanian companies...

Business opportunities in Central America for Romanian companies in renewable energy sector

April 3, 2025

The renewable energy industry, mainly offshore wind energy, has been identified as the main area in which the business communities of Romania and the Republic of Panama can cooperate, given the European experience of Romanian entrepreneurs, according to a press release from the Chamber of Commerce and Industry of Romania (CCIR).As part of the economic mission carried out in Central America, the CCIR leadership and representatives of the companies that are part of our country's delegation had a meeting with the Secretary General of the Maritime Administration of the Republic of Panama, Volney Guinard Estripeaut."Following these discussions, the renewable energy industry, mainly offshore wind energy, was identified as the main area in which the business communities of the two states can cooperate, taking into account the European experience of Romanian entrepreneurs," the quoted source mentions.CCIR President Mihai Daraban emphasized that "there is a common interest of the two states to cooperate in the field of offshore wind energy, this industry representing a major component in the development strategy of the Maritime Administration of the Republic of Panama, with an emphasis on the construction of installations appropriate to the geographical profile of this country.""The Romanian delegation, present at this economic mission, includes companies that perform at a European level in the industry and that are in advanced discussions with Panamanian partners regarding collaboration in projects of common interest. Moreover, the role of CCIR is to facilitate such contacts between business communities and to provide all the necessary support for the Romanian business environment to re-enter important commercial markets," mentioned Mihai Daraban, quoted in the press release.At the same time, the Secretary General of the Maritime Administration of the Republic of Panama, Volney Guinard Estripeaut, appreciated the involvement of the CCIR in organizing such events for the business communities of the two states, emphasizing the need for the experience of Romanian companies operating in the field of renewable energy."We must take into account the fact that the National Energy Plan of the Republic of Panama 2015-2050 establishes that, by 2030, approximately 15% of energy should come from renewable sources, and by 2050 this percentage should rise to 50%," the Panamanian official said.

Read in full - click here
Romanian president nominates former interim president Ilie Bolojan as PM

President Nicușor Dan has nominated Senate president Ilie Bolojan, a leader of the National Liberal Party (PNL) and former interim president, for the prime minister seat. Dan said Bolojan is “the best person to carry out the needed adjustments in the state administration.” He pointed to Bolojan’s track record with reducing spending, and said he has […]

Balkanik Festival: Bucharest event announces lineup of this year's edition

Balkanik Festival – Home of World Music, set to take place at Uranus Garden between September 5 and September 7, lines up this year artists who "celebrate that form of joy that does not ignore reality, but faces it with beauty, energy, and solidarity," the organizers said. The artists performing in September in Bucharest will […]

Romania’s Timișoara announces plans for two new bridges over Bega River

The mayor of Timișoara, Dominic Fritz, announced on Friday, June 20, that two new bridges over the Bega River will be built in the city. The bridges will be financed with EU-backed funds worth over RON 130 million. The bridges in question are the Solventul Bridge, which will connect Gării Street to Dâmbovița Boulevard and […]

Western Romania: 2,000-year-old Sarmatian necropolis discovered in Timișoara

A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in rectangular pits with rounded corners, although some no longer retain their original outline, having been disturbed by the passage […]

George Enescu Philharmonic Orchestra concert marks Romania Day at Osaka World Expo

The George Enescu Philharmonic Orchestra will deliver on June 26 a concert marking Romania Day at the Osaka World Expo. Additionally, the Bucharest-based orchestra will present a series of other concerts and recitals, both within the Romanian Pavilion and outside, at Toyonara Hall in Osaka. The George Enescu Philharmonic Orchestra's concerts will be conducted by […]

Romania’s Sphera Franchise opens chocolate & ice cream café in Italy

Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area.  This marks the official launch of Sphera Group’s development plan for the premium Italian brand of coffee, gelato, and pastry. Under the plan, it will open four locations […]