After visiting on Saturday a hydropower plant started before 1989, in the northeastern county of Iasi, near Pascani, which is currently in an 80% execution stage, the Energy minister Sebastian Burduja asked the Hidroelectrica management to accelerate all investments that were begun before 1989."The project you see here, this reservoir in the making, is 80% complete, it will have a capacity of 68 million cubic meters of water. We are next to the Siret River and this is where the hydroelectric plant will be of approximately 10 megawatts of installed power, which is also at a stage of 80%. From 1985 until today, the Romanian state has spent here somewhere over 400 million RON. To be able to complete this work, we still need about 60 million euros, plus approximately 30 million RON for the expropriation of these lands. We are talking about an area of 2,300 hectares. I came here today together with the team from Hidroelectrica, together with the local authorities to boost things and to ensure that this project is moving forward," the Energy minister wrote on his Facebook page."If everything goes according to plan, we will manage in a few months, until the middle of next year, to expropriate these over 2,000 hectares, which has not been possible for decades, and in the first part of 2026 all the work it should be ready. What should be remembered here is that it is not only a matter of 10 megawatts of installed power, so a relatively small capacity to produce electricity, but of a systematization of the entire area and the Siret River, which means that we prevent the risk of floods. Only in the last years, Romania spent over 250 million RON because there were floods and very large damages in the area of the Siret river. We could have invested that money, completed this work and protected the people from these misfortunes," said the Energy minister.
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
