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.
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 – 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 […]
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 […]
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 […]
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 […]
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 […]
