Minister of Energy Virgil Popescu announces the launch of the call for projects for the production of energy from renewable sources, with a budget of 457.700 million euros, for which applications can be submitted between March 31 and May 31, 2022."Very important announcement! We announce the launch of the call for projects for the production of energy from renewable sources (wind and solar), with a budget of 457,700,000 euros, financed through PNRR [the National Recovery and Resilience Plan]. Applications can be submitted between March 31 and May 31, 2022. We are coming with real solutions and the necessary financing. By carrying out the projects that can be financed under this aid scheme, the aim is to increase by approximately 950 MW the installed capacity to produce electricity from wind and solar energy, with or without integrated storage facilities. Making investments means long-term solutions for our country's energy security," the minister wrote on his Facebook page on Wednesday.According to a press release from the Ministry of Energy, the Specific Guide, which can be accessed on the website of the Ministry of Energy, under the heading "European Finance - PNRR", aims to support investments in new capacities to produce electricity from wind and solar renewable energy sources, with or without integrated storage facilities, with a deadline for the completion of projects, respectively connection to the network - June 2024."This scheme based on the competitive bidding procedure applies only to new installations for the production of electricity from wind and solar renewable energy sources," the ministry said.The State aid scheme based on the competitive bidding procedure is addressed to micro, small and medium-sized enterprises, as well as to large enterprises, including newly set up enterprises, established on the basis of Law no. 31/1990 regarding companies, republished, with the subsequent amendments and additions, or set up in accordance with the specific legislation of the Member State of which they are nationals.The amount of state aid granted under the scheme per MW installed is, for wind energy, a maximum of 1.3 million euros for installed capacities between 0.2 MW (exclusive) and 1 MW (inclusive) and 650,000 euros for installed capacities higher than 1 MW, and for solar energy 750,000 euros for installed capacities between 0.2 MW (exclusive) and 1 MW (inclusive) and 425,000 euros for installed capacities higher than 1 MW.The maximum aid that can be granted for an investment project cannot exceed 15 million euros per enterprise, per investment project.Through the National Recovery and Resilience Plan, the Energy component benefits from an allocation of 1.62 billion euros, states the Energy Ministry.
NATO Secretary General Mark Rutte tried to calm security worries during his visit to Bucharest, saying the Alliance’s commitment to Romania remains strong, even after recent changes to the US troop presence. Standing next to president Nicuşor Dan on Wednesday, November 5, Rutte stressed that NATO fully understands Romania’s strategic importance on the eastern...
During the General Meetings of Shareholders of EVERGENT Investments held on October 29, 2025, all proposals submitted by the Board of Directors and included on the agenda were approved by a large majority. The main resolutions adopted were: the implementation of a share buyback program for up to 43,300,000 own shares, to be carried out […]
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, […]
