Wind and solar energy cannot be used at full capacity without a smart electricity transmission and distribution infrastructure, which will lead to low profitability and a higher price for consumers, said Corneliu Bodea, president of the Romanian Energy Center (CRE) and CEO of Adrem, within the "New technologies in energy" project. "A sound policy for the development of a country's energy infrastructure should be approached in an integrated, predictable and coherent manner, with clear, time-appropriate, achievable and relevant objectives. Moreover, the holistic approach should be competent and legislatively aligned in all primary or secondary regulations. Unfortunately, the National Energy Strategy and the Integrated National Energy and Climate Plan cannot be said "to be guilty" of such an approach. I believe that an urgent review of all specific legislation, in the sense of building a new coherent package from scratch, should be the first priority. The extended patchwork and differentiated approaches between the relevant institutions have brought Romania to a place where the lack of a unitary and clear policy will turn into a reduced appetite for investments for major projects," says Bodea."In Romania, I have the courage to declare that the level of network intelligence is on one of the last places in the EU, maybe even on the last. This reality will delay and render inefficient the adoption of renewable technology when we talk about targets above 30 percent in such generation technologies and will make the target of over 50 percent that we have in front of us impossible. I believe that we have time to recover, provided that the efforts of the experts and the will of the politicians are available," added the CRE president.The future is digital and electric, and the lack of a consistent vision that keeps up with the times can place us against the current, with enormous costs for the industry, household consumers and the environment, Bodea also said.
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
Renting is steadily becoming more common in Romania, as access to credit becomes increasingly difficult. As such, even though rents traditionally tend to decrease in October, this year they have kept steadily increasing in most major cities. Traditionally, the demand for rentals increases in August and September, when students return to the major university cities. […]
Demand for logistics and industrial space in Romania reached 750,000 square meters in the first nine months of 2025, a 30% increase compared with the same period last year, according to the Romania Industrial Marketbeat Q3 2025 report by real estate consultancy company Cushman & Wakefield Echinox. If the current pace continues, the total volume […]
Documentary Mondays and Fiction Tuesdays, the programs of the Czech Center in Bucharest, return between November 10 and November 25 with screenings of six contemporary and classic European films. Documentary Mondays, the Czech Center's longest-running film program, proposes documentaries that reflect on the present, memory, trauma, and the ways in which we relate to the […]
