The Romanian government plans to secure RON 8 billion (EUR 1.6 billion) in dividends from state-owned companies in 2024 by mandating a minimum distribution of 90% of net profits to the budget, Profit.ro reported. This measure,...
It is a book that aims to be a guide for the citizen interested in European affairs, the EU and the European institutions. (…) After I started writing the first pages, I asked myself what title it will get. I talked to quite a lot of people. (…) I liked...
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The Romanian government plans to secure RON 8 billion (EUR 1.6 billion) in dividends from state-owned companies in 2024 by mandating a minimum distribution of 90% of net profits to the budget, Profit.ro reported. This measure,...
The gas-fired power plant Mintia, with an initial capacity of 860 GW, will be commissioned in line with the schedule next year and will use natural gas from the Neptun Deep offshore field in 2027, Romanian minister of energy Sebastian Burduja confirmed in a Facebook post. "Today, the second giant generator, weighing almost 800 tons, […]
The capacity of the new wind farms planned to come online in Romania will increase gradually from 380 MW this year to 490 MW in 2025 and 600 MW in 2027, summing up to nearly 1.5 GW over the three-year period, according to Ziarul Financiar quoting WindEurope estimates. In 2024, wind farms with...
Romania's state-controlled group Hidroelectrica (BVB: H2O), which faced lower turnover and profit last year amid adverse weather conditions, has earmarked RON 660 million (EUR 130 million) to invest in 2025 for diversification projects, including solar projects, according to the 2025 budget draft submitted to the shareholders' vote at the April 10 meeting. Speaking at a […]
Romania's largest publishing house, Litera, founded in 1989 in Chisinau by Moldovan entrepreneur Anatol Vidrascu, announced it is taking over the online marketplace Elefant.ro from the insolvent online retailer Elefant Online, planning to turn it into a modern online platform for selling books, toys, stationery, and school supplies. Before its insolvency was announced in 2024, […]
Turkish group Koç Holding is planning to expand its operations in Romania with its medical services divisions and is currently seeking land for a hospital that is expected to involve EUR 100 million in investments, according to Profit.ro. Koç Holding is...