Hidroelectrica completed, on Monday, the part of preparation and tests for hydro unit number 5 from the Iron Gates I /Portile de Fier I Hydroelectric Power Plant in southwestern Romania, on the Danube river, and put the technical objective back into operation, the company informs, through a press release.On February 1, 2024, at around 8:30 p.m., Portile de Fier Hydropower Plant was affected by a fire at the transformer related to the previously mentioned hydro unit. The quick reaction of the Hidroelectrica employees, as well as the efficiency of the firefighting teams allowed the fire to be extinguished in record time."We are pleased to announce that hydroelectric unit 5 at Portile de Fier has successfully passed all stages of testing, and today we have resumed the operation of this unit. The hydroelectric unit is currently operating at reduced power, but it is on a schedule of gradual increase of work intensity. This success would not have been possible without the commitment and constant effort of our team, who worked ceaselessly to restore normal operating conditions and availability. We are talking about difficult work and maximum responsibility, and I take this opportunity to thank especially to the management of the Portile de Fier branch and the Hidroserv specialists for their involvement and for the record time in which they put HA5 into operation," said Karoly Borbely, general manager of Hidroelectrica.Hidroelectrica is the largest producer of green energy in Romania and provides essential technological services for the National Energy System. The company, crucial for a strategic sector with national security implications, operates 187 plants with a hydropower capacity of 6.3 GW and, in addition, owns a wind farm in Crucea, southeastern Dobrogea, with an installed capacity of 108 MW.
On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]
The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]
French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]
Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]
Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]
The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities. The performance is primarily addressed to children and adults with special […]
