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.
The Romanian Senate adopted a draft law that automatically extends provisional protection orders and increases penalties for violating them on Monday, October 27. A total of 120 votes were recorded in favor. The bill extends provisional protection until the resolution in the first instance of the request for it, amending Law no. 217/2003 on preventing […]
BraveX Aero, a Romanian manufacturer of fixed-wing, long-range drones, announced on Tuesday, October 28, the signing of a strategic partnership with Germany’s Uniq Things UG, a technology company specializing in autonomous coordination and software for drone swarms. The technology allows for the simultaneous deployment of multiple drones, contributing to increased information and response capabilities for […]
The medieval citadel of Sighişoara, in central Romania, will host the first edition of the “Halloween in the Citadel” festival. The event will take place this weekend, between October 31 and November 2. The entire city center will be decorated in the spirit of Halloween with the ocassion. The towers and historic houses inside the […]
Romania ranks among the European Union countries with the highest share of people living in severely inadequate housing, according to new data compiled by Monitorul Social, a project of the Friedrich-Ebert-Stiftung Romania, based on Eurostat figures for 2023–2024. The report showed that 9.6% of Romania’s population lives in conditions classified as “severe housing deprivation,” meaning...
Haier Tech Europe is selling its manufacturing plant near Ploiești, in Romania’s Prahova county, as part of a broader restructuring of its European production network. The company has appointed real estate consultancy Colliers as the exclusive consultant for the transaction. The decision follows Haier’s recent strategic review, which led to the discontinuation of operations at […]
Romanian agricultural company Agroserv Măriuța, owner of the Lăptăria cu Caimac brand, announced the launch of a private placement for a new corporate bond issue with a value of up to EUR 3 million on Tuesday, October 28. Denominated in euros, the bonds will have a nominal value of EUR 100 each, a fixed annual […]
