Seven former United States ambassadors to Romania signed a joint letter one week before the second round of the presidential elections on May 18, warning of the dangers posed by a pro-Putin president, G4media.ro...
The minister of energy, Sebastian Burduja signed on the occastion of his visit to the United States of America a letter of intent with Lockheed Martin, the first step towards the development of technology for the production of GridStar Flow batteries (redox flow battery) in Romania. ‘On the occasion of my visit to the USA, I signed in Boston a letter of intent with Lockheed Martin, American top company in aerospace, military and energy domains. It is the first step for the development of technology for the production of batteries in Romania. And not only batteries, but batteries of the last generation produced by Lockheed Martin, GridStar Flow ( redox flow batteries) an innovative solution for energy storage for utility, commercial, industrial and military applications. It is a cost-effective and efficient long-term technology with an operational lifetime of 20 years and, importantly, it is not dependent on critical raw materials and is environmentally friendly’ the minister wrote on his Facebook page on Sunday.Burduja said that the American company tries to establish strategic partnerships to develop production capacities for GridStar Flow on the markets in the whole world. ‘They chose to explore Romania due to its strategic position, of its production capacity, of the competence of our engineers, but especially as we have the potential to become a European leader in the domain of energy security and long-term energy storage. Everything means well-paid jobs, prestige and value-added exports for Romania. I saw such a storage capacity in batteries near Boston. It works perfectly, at the Lockheed Martin standards. We can develop in our country a production unit to become a single supplier of GridStar flow in the EU and in the region. The batteries storage is more and more important for the national energy system, in the context of increasing the share of intermittent renewable energy production’ explained the minister of energy.He mentioned that starting with the period of his previous mandate as minister of research, innovation and digitization he collaborated with Lockheed Martin, the American company as he started a partnership with the Technical University in Cluj Napoca for the development of solutions based on Artificial Intelligence. ‘It is the second centre for research-development of Lockheed Martin in the whole world, after the laboratory in Australia’ said Sebastian Burduja on the social media network. (Photo:https://www.facebook.com/)
Seven former United States ambassadors to Romania signed a joint letter one week before the second round of the presidential elections on May 18, warning of the dangers posed by a pro-Putin president, G4media.ro...
Romania won eight medals, namely two gold, two silver, and four bronze, at the Under-21 European Table Tennis Championships in Bratislava, Slovakia. Eduard Ionescu and Darius Movileanu won gold in the men's doubles, after defeating the pair Andre Bertelsmeier (Germany) / Tiago Abiodun (Portugal) in the final with a score of 3-1. The win came […]
Bog’Art Residential, part of the Bog’Art Group, a developer of premium residential properties in Central and Northern Bucharest, acquired a plot of land in an ultra-central area of Bucharest and formed a strategic joint venture with a Spanish investor for the development of a boutique residential complex valued at about EUR 20 million. The project […]
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of EUR 70.7 mln in Q1 2025 and a gross profit of EUR 22.6 mln, while the net profit for the three months stood at EUR 19.3 mln. “The first quarter of 2025 unfolded in a […]
The Romanian team participating in the 2025 Asian Physics Olympiad, held in Saudi Arabia, achieved the remarkable performance of winning seven medals, namely two gold, two silver, and three bronze medals, as well as an honorable mention. The competition, now in its 25th edition, was held in Dhahran, in the Kingdom of Saudi Arabia, with […]
Interim president Ilie Bolojan said on Monday, May 12, that he would vote for independent candidate Nicușor Dan in the second round of Romania’s presidential election. Dan, the current mayor of Bucharest, runs against George Simion, the leader of the far-right party AUR, in the election scheduled for May 18. In an interview with