Monsson has successfully transferred 100% of the shares of a 50MW solar park located in the Chisineu-Cris area, Arad County. The project is fully authorized, and NEPI Rockcastle is scheduled to begin construction in January 2025. “We are happy and proud to have started this cooperation with NEPI Rockcastle, the largest owner, operator, and developer of shopping centers in Central and Eastern Europe. As we have anticipated for some time, the moment has come for large consumers to invest in renewables to optimize their own consumption, and this is certainly just the beginning,” says Sebastian Enache, board member of Monsson. The 50MW project in Chisineu-Cris (Arad County) is part of Monsson’s portfolio since 2022, and in 2024, it obtained the construction permit and signed the grid connection agreement. Thus, all conditions have been met to begin construction in 2025. The project also includes an energy storage unit, designed to optimize the operation of the photovoltaic park and contribute to the balancing of the national energy system, as all of Monsson’s projects have achieved in recent years. “Our green energy program is advancing in three major phases. The first phase, completed in the first half of 2024, involved the installation of photovoltaic panels at 27 locations in Romania, with a total capacity of 38 MW, generating revenues of 7.3 million euros in the first nine months of the year. In the second phase, we will install photovoltaic panels at properties we own outside of Romania. The design concept has been completed for 24 locations that have already been identified and are in the permitting or construction phase. In the third phase, we secured a location for a 50 MW project in the western part of the country in partnership with Monsson, which will start in the near future. Furthermore, we are already analyzing a second location with a potential of over 100 MW, for which we have allocated nearly 100 million euros,” says Andrei Radu, Group Development Director, NEPI Rockcastle.
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
