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.
Imagine living in Europe with visa-free travel across 29 Schengen countries, low living costs, and access to some of the best tax policies in the EU—all without the typical bureaucratic hurdles. Sounds too good to be true? It’s not. Romania’s business residency program is the ultimate “cheat code” for expats looking to make Europe their […]
Igor Feio, a Portuguese citizen living in Romania for over ten years, analyzes the mechanisms that favored then rise of populist and far-right parties and candidates in the recent presidential and parliamentary elections. Throughout Europe over the last half a decade, movements and parties from what is considered to be a far-right and populist ideology […]
Hungarian low-cost airline Wizz Air is further expanding its base in Craiova, in southern Romania, following the reallocation of its second aircraft, an Airbus A320neo, in the summer of 2025. Starting June 1, 2025, the airline offers a connection between Craiova and Memmingen. Beginning with June 2, it will introduce one between Craiova and Bari. […]
White Image, a leader in business process automation and optimization, has expanded its service portfolio with a new digital solution—integrating brand campaigns into WhatsApp, thus offering clients the opportunity to exploit one of the most effective digital communication channels. This strategic step comes in the context of a growing demand for quick and efficient consumer […]
Moldova, Romania’s small eastern neighbor, is set to declare a state of emergency in the energy sector for 60 days, starting December 16, 2024. The announcement was made by prime minister Dorin Recean during a press conference. This situation has arisen because the Republic of Moldova can no longer rely on supplying Transnistria with gas […]
Legal frameworks often struggle to keep pace with rapid technological advancements, but Andreea Cirstea-Ion and Roman Hamed, the founders of the Romanian law firm Roman HAMED & Andreea ION (“Legal to Business”), are determined to close the gap. In this interview, the duo shares their journey from law school to establishing a firm that thrives […]
