In a meeting with representatives of the main power generation companies in the country, Romanian prime minister Nicolae Ciuca and minister of energy Virgil Popescu reviewed the options for increasing the installed generation capacity in the short term, until next year. Thus, the coal and power group CE Oltenia will increase the operating capacity by 300 MW, and Romgaz will complete the gas-fired power plant at Iernut (210 MW) that was supposed to be ready years ago, Hotnews.ro reported. Separately, the investments in the hydropower generation units will result in 200 MW supplementary generation capacities, the Government’s officials estimate without explaining whether this would be achieved by upgrading the existing hydropower plants or by commissioning new ones. At the same time, the Government assures that it will speed up the investment plans financed under the Modernization Fund for the development of energy production capacities, including from renewable sources. Thus, since the beginning of this year, CE Oltenia has submitted projects worth EUR 1.4 bln, of which EUR 895 mln is to be financed under the Modernization Fund. Another EUR 400 mln will be allocated to projects submitted by power transport company Transelectrica. This month, calls for energy projects worth EUR 960 mln will be launched, which will generate an additional 260 MW of installed generation capacity. From the Modernization Fund, another EUR 2.8 bln will be made available this autumn for the development of energy production capacities. The Modernisation Fund is a dedicated funding programme to support 10 lower-income EU Member States in their transition to climate neutrality by helping to modernise their energy systems and improve energy efficiency. The beneficiary Member States are Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania and Slovakia.
Pulitzer Prize winner Junot Díaz, Tracy Chevalier, the author of the international best seller Girl with a Pearl Earring, and French author Michel Bussi, known for his widely translated thriller novels, are among the authors set to attend this year’s Iași International Literature and Translation Festival (FILIT), the largest literary festival in the country. They […]
Bucharest is about to welcome a culinary moment like no other. This September, the JW Marriott Bucharest Grand Hotel will host Michelin-starred Chef Theodor Falser - a name synonymous with nature-inspired haute cuisine - for three exclusive evenings that promise to delight the senses and tell stories through food. The Chef Who Cooks Nature Theodor […]
The International Monetary Fund (IMF) has endorsed Romania’s latest fiscal measures, forecasting that the economy will grow by 1% in 2025 and 1.4% in 2026, the government said Friday, September 12, after talks with a visiting IMF delegation. The delegation, led by Joong Shik Kang, met prime minister Ilie Bolojan in Bucharest to discuss the […]
The George Ciprian Theater in Buzău has unveiled “E-Waste E-Motion,” the first performance in Romania in which all characters are played by small autonomous robots, blending art, technology, and sustainability in an experimental theatrical project. “E-Waste E-Motion” is part of a broader artistic research initiative supported by the National University of Theatre and Film (UNATC) […]
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 […]
Update: The woman made her first statements on Friday afternoon after being questioned. According to Digi24, she told journalists outside a police station in Bucharest that the items were family heirlooms from the Soviet era, and that she...
