The European Bank for Reconstruction and Development (EBRD) has granted gas and power utility Engie Romania a loan of EUR 90 million for the development of new renewable energy projects with a total capacity of at least 250 MW by 2028."The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of renewable energy in Romania with a EUR 90 million loan to Engie Romania, one of the country's leading energy suppliers and distributors. The EBRD's financing will enable Engie to develop new renewable energy projects with a combined capacity of at least 250 MW by 2028," the bank said in a statement.Engie Romania is a leading player in the country's energy market and part of Engie Group, a multinational utility with operations across 31 countries. Engie Group has invested over EUR 2 billion in Romania since the privatisation of Distrigaz Sud in 2005, mainly related to the gas distribution network and to renewable energy production."We are pleased to be partnering with Engie Romania for the first time to support its renewables ambitions and meeting the decarbonisation targets. This investment reflects our continued commitment to the green transition in the region and lays the foundation for a strong long-term relationship built on shared decarbonisation goals," said Grzegorz Zielinski, Director, Energy Europe at the EBRD, as cited in the release.Nicolas Richard, CEO of Engie Romania, stressed that EBRD's support reinforces the company's ambition to expand its renewable energy portfolio, a core element of its decarbonization strategy, and to provide customers with green energy. "We are proud to join forces with the EBRD in shaping a greener and more resilient energy for the Romanian customers," Richard said.The Engie Romania group of companies operates in the following areas of activity: distribution and supply of natural gas, production from renewable sources and supply of electricity, as well as green solutions and technical services for natural gas installations and residential heating systems. Engie Romania and its subsidiaries serve a portfolio of over 2.3 million customers, operate a 24,000 km distribution network, have a green generation capacity of 248 MW and employ over 4,400 people.The EBRD is a leading institutional investor in Romania, with over EUR 11.6 billion invested in 560 projects to date. EBRD support contributes to strengthening Romania's green economy and accelerating the transition to a low-carbon future, generating long-term benefits for the economy and the environment.
Răsvan Angheluţă Natural Sciences Museum in Galaţi is scheduled to reopen on September 20, after the completion of modernization works worth over 15.1 million lei (approximately EUR 3 million) carried out by the County Council through the recovery and resilience facility PNRR. The building hosts an Aquarium, an Astronomical Observatory, a Planetarium, and temporary exhibitions. […]
A team of Romanian paramedics won first place at the World Rescue Challenge 2025, a competition that sees first responders and trauma teams from around the world develop new skills and share knowledge. This year, the competition took place in Karlovac, Croatia, and was attended by two Romanian paramedics from Bucharest who have been working […]
Artmark, one of Romania’s leading auction houses, registered record sales of over EUR 15 million despite economic instability, showing the growth potential of the national art market, according to the company’s 2024-2025 market report. Overall, auction sales totaled EUR 11 million, up 8.2% compared to the previous year, while sales through the “Dependent de Artă” […]
Cybersecurity has become a major global priority, impacting individual users, companies, organizations, and public institutions. Social engineering, deepfakes, digital manipulation, and coordinated geopolitical attacks are fundamentally reshaping how we view the digital future. In this context, DefCamp, the largest cybersecurity and hacking conference in Central and Eastern Europe, reaffirms its role as a strategic hub […]
Romanian airline AnimaWings has received its fifth Airbus aircraft, an A220-300, as part of an ambitious expansion plan to build a fleet of 18 planes by the end of 2027, valued at over USD 1 billion. The A220-300 is the airline’s third of this type and will serve both domestic and international routes. Configured with […]
The well-known Romanian car brand Dacia announced the launch of the Duster Pick-Up, a utility vehicle with four seats and a capacity to transport up to 430 kg in the cargo space, on Wednesday, September 17. The car model is available in two engine versions, Hybrid 140 and Mild-hybrid 130 4×4, and has a starting […]
