The National Energy Regulatory Authority (ANRE) issued, on Thursday, the establishment authorization for one of the largest wind farms in Romania, Ialomita Nord, with a total capacity of over 246 MW, announced the Minister of Energy, Sebastian Burduja.It is a project owned by the Portuguese company Greenvolt, through Tandarei Solar, and will benefit from the Contracts for Difference (CfD) scheme, which the Ministry of Energy launched last year."The project is among the first to qualify for the CfD scheme, which means that it has secured financing and will be carried out, with a 15-year guarantee of the selling price of the electricity produced. This means jobs in construction and operation, local taxes, income in the economy and, last but not least, clean and cheap energy produced here, in Romania," the minister of Energy wrote on Facebook.He believes that the project can be a magnet for economic development, in a county where there is a great need.Sebastian Burduja recalled that Romania currently has about 3,100 MW installed in wind power."The CfD scheme is, without exaggeration, one of the most important public energy policies of the last 30 years and it will continue in the coming years. And, despite the 'choir of lamenters', who harshly criticized us for this initiative, we have demonstrated that we can have competitive tenders. And we have also fulfilled an essential milestone in the PNRR. This should be the real meaning of the energy transition: to produce more clean energy here, to produce it cheaply, to be sold at affordable prices for Romanians and companies and to transform it into a source of economic development for Romania", the minister of Energy said.
Romania will celebrate its National Day on December 1 with a large military parade in Bucharest featuring Romanian and allied troops. The event will also showcase an extensive display of military equipment and aircraft at the Arch of Triumph. More than 2,900 servicemembers and specialists from the Ministry of National Defense, Interior Ministry, Romanian Intelligence […]
Romania’s leading bank, Banca Transilvania, announced the successful completion of its first AT1 (Additional Tier 1) bond issuance on the Dublin Stock Exchange. The final volume of subscribed orders reached over EUR 2.65 billion, representing an oversubscription 5.3 times higher than the amount BT intended to raise. More than 180 investors, a record in Banca […]
During the Executive Committee meeting on Thursday, November 20, the Romanian Gymnastics Federation decided to dissolve the national teams after a series of public accusations of harassment. The accusations are not new. At the end of October, upon returning to the country after the World Gymnastics Championships in Jakarta, 23-year-old athlete Denisa Golgotă revealed that […]
Chinese electronic giant Xiaomi has opened its first physical store in Romania as part of a broader strategy to strengthen its presence on the local market, with additional retail expansion planned for 2026. The new Xiaomi Store, located in Bucharest’s ParkLake Shopping Center, is the company’s first directly operated retail space in the country and […]
Romania will introduce new penalties for retailers that refuse to replace defective products, under a new law recently promulgated by president Nicușor Dan. The measure requires traders to provide a replacement within 30 days when customers report that a purchased item is faulty, whether the purchase was made in-store or online. The retailers that fail […]
Romanian saber fencer Vlad Covaliu was named the best in the world in the junior category for the second consecutive year, according to a press release from Bucharest-based CS Dinamo. The winners of the 2024–2025 World Cup were awarded over the weekend at the International Fencing Federation 2025 Congress held in Manama, the capital of […]
