Romania's energy security will increase due to the fact that our country joined the International Solar Alliance, president Klaus Iohannis declared on Sunday.Iohannis stated, at the event during which Romania joined the International Solar Alliance, that this shows the firm commitment of our country to become neutral from the point of view of carbon emissions and through the use of renewable energy sources.The president expressed his conviction that, by joining the International Solar Alliance, Romania will have a wider and deeper cooperation with India, the host of the Alliance Secretary, as well as with other countries interested in accelerating the mitigation of climate change."Romania aims to expand its solar energy production capacity and improve national access to solar electricity at affordable prices. Also, for this it is necessary to cooperate globally, through alliances like this one, in terms of financing, development technology and the consolidation of solar capacity. Joining this alliance will support Romania in implementing ambitious objectives regarding solar energy included in the Integrated National Plan in the field of Energy and Climate Change," declared Klaus Iohannis.He pointed out that, until 2030, Romania aims to install a solar energy capacity of over 8 gigawatts, representing 24% of the gross final consumption of electricity from renewable sources.According to the head of state, Romania's commitment to increase its installed capacity of solar energy is fully aligned with the European Union Strategy regarding solar energy and will contribute to implementing the Paris Agreement."Greater climate ambition also translates into more opportunities for the economy and our citizens. Romania intends to contribute to the global value chains of solar energy and increase its competitiveness in this industry by capitalizing on the current manufacturing capacities of Romania in related products. Romanian citizens are open and support new electricity generation technologies," said the head of state.He mentioned that by September, almost 97,000 prosumers had installed over 1.2 gigawatts of distributed energy sources connected to the grid, the overwhelming majority based on solar photovoltaic technology.Klaus Iohannis added that Romania hosts in Constanta the largest qualification center for jobs in the field of green energy in South-Eastern Europe. According to him, the center has already trained thousands of technicians from Romania and abroad, all working in the wind and solar industries, including former miners."We also plan to open new training centers and make them available to students from developing countries. I encourage you to work together and learn from each other's experiences to make the most of this valuable energy source, the sun! The International Solar Alliance is an excellent platform in this regard," he pointed out.President Klaus Iohannis is taking part, from Saturday to Monday, in the 28th Conference of States Parties to the United Nations Framework Convention on Climate Change (COP28), which takes place in Dubai, United Arab Emirates.
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
Renting is steadily becoming more common in Romania, as access to credit becomes increasingly difficult. As such, even though rents traditionally tend to decrease in October, this year they have kept steadily increasing in most major cities. Traditionally, the demand for rentals increases in August and September, when students return to the major university cities. […]
