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.
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
