Oradea Airport has secured funding of over 8.5 million lei for a photovoltaic park and an electricity storage system, which will help increase energy independence and reduce operating costs.According to information provided by Oradea Airport, the funding contract was signed on September 22, 2026. The non-repayable funding amounts to 5.54 million lei, covering 100% of eligible expenses, being provided through the Modernization Fund (Key Program 9: "Energy Efficiency in Transport"), with the Ministry of Transport and Infrastructure acting as the delegated body.The total project value is 8.53 million lei; the difference of nearly 3 million lei represents ineligible expenses and VAT, which will be covered by Oradea Airport from its own funds.The investment entails the ground-mounted installation of a photovoltaic park with a capacity of 1,999.525 kWp (approximately 2 MWp) and a storage system with a capacity of 645 kWh. Estimated average production is 2,460.14 MWh per year, against the airport's reference annual consumption of 3,247.35 MWh.The energy produced will be used exclusively for the airport's own consumption and will not be fed into the National Energy System. The storage system will allow a portion of the energy generated during the day to be stored and used later, including at night, thereby reducing the amount of energy purchased from the grid.The project also aims to reduce the environmental impact of airport operations. Estimates indicate that the investment will lead to a reduction in greenhouse gas emissions of 98.53 tonnes of CO2 equivalent per year and primary energy savings of 787.21 MWh annually.The "Photovoltaic Park and Electricity Storage Capacities for Oradea Airport" project is scheduled to be completed and commissioned within 24 months of the financing contract being signed, and no later than December 31, 2029.
Bucharest, 6 October 2026: The Chamber of Commerce and Industry of Romania (CCIR), in partnership with the Pakistan–Romania Business Council (PRBC) and the Embassy of Romania in the Islamic Republic of Pakistan, organised the Romania–Pakistan Business Forum on 6 October 2026. The event took place on the sidelines of the......
Prime Minister Ilie Bolojan’s meeting with an OMV Group delegation Prime Minister Ilie Bolojan received today, at Victoria Palace, a delegation from the OMV Group led by Emma Delaney, Chair of the Executive Board and CEO of OMV, and interim member and Chair of the Supervisory Board of OMV Petrom....
Finance and business leaders from across Europe gathered in Warsaw to explore how artificial intelligence is reshaping the finance function, transforming decision-making and redefining the role of people within organisations. On 24 September, the ninth CFO Strategy & Innovation Summit took place in Poland. Organised by The Chartered Institute of...
K-Pop live la București: patru artiste din Coreea de Sud deschid K-Lovers Festival 2026 Gala Korea Corner are loc pe 7 octombrie, la Universitatea Româno-Americană, și aduce pe scenă muzică live, dans K-Pop, un recital de nai susținut de un discipol al lui Gheorghe Zamfir și o degustare de vinuri...
Philips, a global leader in health technology, and Ponderas Academic Hospital mark a new milestone in their collaboration with the designation of Ponderas as a Philips Reference Center for Image-Guided Therapy (IGT). The status recognizes the shared commitment of the two organizations to supporting the development of minimally invasive procedures, medical education and the exchange […]
Wolf Theiss advised Nordic Tyre Group, a leading independent tyre distributor across the Nordic and Baltic markets, on its acquisition of 100% of the shares in Dinamic92 Distribution S.R.L., a Romanian wholesaler and distributor headquartered in Piatra Neamț. The transaction, which closed on 30 September 2026, marks the group's entry into the Romanian market and represents its first acquisition since becoming part of […]
