Ialomita County will host one of Romania's most significant investments in renewable energy with the development of the Ialomita Wind Farm, which will have a total capacity of over 250 MW and an estimated value of more than 400 million euro, County Council (CJ) President Marian Pavel announced on Wednesday.The project is being developed by the companies KKR, GreenVolt and Renovatio, and involves the construction of three wind farms across four localities in the county: Tandarei, Gheorghe Lazar, Grivita and Ograda, with completion expected in 2027.'An investment of over 400 million euro in Ialomita! I had an important meeting with representatives from KKR, GreenVolt and Renovatio, who are bringing an ambitious project to our county: the Ialomita Wind Farm, with a total capacity of over 250 MW. The goal is to build three wind farms across four administrative-territorial units: Tandarei, Gheorghe Lazar, Grivita and Ograda, with completion estimated in 2027. The constructors have been encouraged to collaborate with local companies and communities for mutual benefit,' Marian Pavel wrote on his Facebook page.The Ialomita Wind Farm will contribute to strengthening Romania's energy transition and achieving national targets for reducing carbon emissions and increasing the share of renewable energy in the energy mix.'The County Council, together with all the institutions involved, is offering full support for the smooth implementation and completion of this project, which will bring added value to the area and a strong boost to sustainable development. We are transforming Ialomita through clean and sustainable energy,' Marian Pavel added.
Cris-Tim Family Holding (BVB: CFH), the market leader in cold cuts and ready meals in Romania, reported revenues of RON 853.1 million (EUR 170 million) for the first nine months of 2025, a 3% y/y increase, supported by 5% growth in the Cold Cuts segment and a strong 21% advance in ready meals. Profitability improved […]
Romania’s Fiscal Council expressed cautious optimism that the fiscal measures adopted in the second half of 2025 could reduce the budget deficit to around 6.5% of GDP in 2026, according to its assessment of the second budget revision approved by the government. The Council stated that such an outcome would represent a significant improvement from […]
Romania’s public debt increased by another RON 14 billion (EUR 2.8 billion) in August after the RON 30 billion leap in July, to reach RON 1.084 trillion (EUR 213.8 billion) at the end of the month, according to data published by the Finance Ministry. After the Treasury raised nearly EUR 5 billion with FX bonds […]
The Conservation Carpathia Foundation has been awarded the Order of Merit of Germany for its long-term conservation work in Romania’s Făgăraș Mountains. Its executive directors, Barbara and Christoph Promberger, received the distinction from president Frank-Walter Steinmeier during an official ceremony held on December 1 at Schloss Bellevue in Berlin. The ceremony honored 20 individuals whose […]
Romania has chosen its first team to compete in the prestigious Bocuse d’Or Europe culinary competition, marking the country’s official entry into the global Bocuse d’Or circuit. Chef Vasilică Bejenaru, together with coach Liviu Preda and commis Andrei Fabian Lupoi, won the inaugural National Selection held last week in Brașov. The team will represent Romania […]
President Nicușor Dan used his National Day speech on Monday, December 1, to offer a blunt view of Romania, which he said is still “a corrupt country,” but noting that the situation has improved over the past 20 years. Speaking at the Cotroceni...
