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.
Two new investment funds active in Romania, Sparking Capital II and PCP SEE II, will receive allocations worth EUR 30 million under the National Recovery and Resilience Plan, or PNRR, after an approval from the Romanian executive and the European Investment Bank. The allocations are mediated by the European Investment Fund, a European financial institution, […]
The net revenues collected by Romania’s tax agency ANAF for the state budget increased by 12.2% in the first six months of 2025 compared to the same period last year, reaching RON 245.2 billion (EUR 49 billion), said outgoing ANAF president Nicoleta-Mioara Cîrciumaru. Nevertheless, the net revenues collected by ANAF are RON 3.8 billion (EUR […]
Romanians continue to place the most trust in the Army and the Church, while Parliament remains the least trusted institution, according to the second edition of the Informat.ro – INSCOP Research Barometer conducted between June 20–26. The monthly survey was commissioned by the news platform Informat.ro in partnership with the Strategic Thinking Group think tank. […]
Romania’s National Meteorological Administration, or ANM, issued on Thursday, July 3, an Orange Code warning for heatwave and heightened thermal discomfort, valid Friday and Saturday, July 4-5, in more than half the country, including Bucharest. The parts of Romania not covered by the Orange Code warning are under a Yellow Code for extremely hot weather. […]
Best Credit IFN announces the strategic partnership with the European crowdfunding platform Bondster, becoming the first Romanian non-banking financial institution (NBFI) to attract international capital through this platform. This initial round of financing marks a milestone in the company’s strategy to diversify its capital sources and rapidly scale its lending capacity in a dynamic market […]
Another 93 searches were carried out at public institutions and private residences on Thursday, July 3, in the case of illegally-obtained Romanian identity documents for citizens of former USSR countries. Earlier this week, Romanian police completed 206 searches in the same case. Prosecutors claim that between 2023–2024, over 1,700 individuals born in the Russian Federation, […]
