The participation of Korean companies in the development of the nuclear sector in Romania was one of the topics analyzed on Thursday by the minister of Energy, Sebastian Burduja, and the ambassador of the Republic of Korea in Bucharest, Rim Kap-Soo, the Ministry of Energy informs in a press release.During the meeting held at the institution's headquarters, the two sides presented the priorities in bilateral relations regarding nuclear energy and the joint cooperation projects in this sector, the discussions also being focused on the interest of investors from the Republic of Korea in the construction of reactors 3 and 4 at Cernavoda, the upgrading of Unit 1, as well as the development of technology based on Small Modular Reactors (SMR)."The participation of Korean companies in the development of the energy sector in Romania underlines the fruitful cooperation between the two countries, both dignitaries expressing their appreciation for the dynamics of bilateral relations in recent years," the Ministry of Energy's press release reads.
T2Y Capital, a financial investor specializing in growth capital with a focus on the energy sector and adjacent industries, announced it was investing in Prime Batteries Energy Holding, thus becoming the second-largest shareholder of the Romanian company with headquarters in Bucharest. T2Y Capital will take a seat on the Board of Directors and support Prime […]
More than half of Romanians (58%) are concerned about the country's economic situation, and inflation remains a central concern for one in five respondents to a survey conducted at the European level by Ipsos for ING Group in May-June 2025. The research analyzed the main concerns of Romanians in the context of the current economic […]
Vlad Micu has been appointed general manager and chairman of the Board of Directors of INNO Investments, a company of the Banca Transilvania Group specializing in the management of alternative investment funds. In his almost 30 years of experience, he has held various management positions in corporate banking, investment banking, trade finance, and business development […]
Measured in local currency, the wealth of citizens in Hungary increased the most in Europe last year, followed by Lithuania and Sweden. In Romania, the median wealth increased by 9.1%, but the long-term average wealth trend decreased, according to a recent report by the multinational investment bank UBS, cited by Euronews. Net wealth per citizen […]
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The INVL Renewable Energy Fund I, managed by INVL Asset Management, signed a EUR 29.3 million loan agreement with Kommunalkredit Austria AG (Kommunalkredit). The loan will be used to finance the construction of solar power plants with 71 megawatts (MW) of capacity in Romania. This is the second loan by Kommunalkredit to the fund. In […]
