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Romania's primary energy resources up by 2pct, electric energy up by 7.8pct in 2015

March 16, 2016
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Romania’s Hidroelectrica signs RON 39 million contract for first floating solar project

Energy group Hidroelectrica has signed the contract for its first floating photovoltaic project, Nufārul, marking a major step in Romania’s renewable energy development. The signing took place on Monday, July 21, and involves an investment of RON 39.25 million (around EUR 7.75 million, excluding VAT). Developed by Waldevar SRL, Marine Research, DHI-SW Project SRL, and […]

Romanian anti-corruption prosecutors raid homes and offices in case targeting Consumer Protection Agency head

The National Anti-Corruption Directorate (DNA) conducted a series of raids on Tuesday, July 22, as part of a criminal investigation into alleged corruption involving Cristian Popescu Piedone, the head of the National Authority for Consumer Protection (ANPC). Prosecutors suspect Piedone of tipping off a business in advance of an inspection, according to Biziday.ro. The investigation...

PSD leader Sorin Grindeanu denies plans to leave Romania's ruling coalition amid internal dissent

Social Democratic Party (PSD) president Sorin Grindeanu has firmly denied rumours that the party intends to leave Romania's ruling coalition, dismissing such claims as baseless and criticising those spreading them. His statement came during a press conference on July 21, amid growing internal tensions over the government's fiscal decisions, particularly the suspension of funding for […]

Romanian PM assures that mature Anghel Saligny projects will continue despite funding freeze

Romanian prime minister Ilie Bolojan has offered assurances that public investment projects already in advanced stages under the Anghel Saligny National Programme will continue, despite the government’s decision to halt broader funding for the scheme due to budgetary constraints.  His statement was made during an interview on B1 TV on July 21, following a wave […]

Romania’s Social Democrats propose 0.5% turnover tax for profit-tax-paying companies

The Social Democratic Party (PSD) of Romania will propose a new 0.5% turnover tax to apply to companies that currently pay profit tax, PSD president Sorin Grindeanu announced during a press conference on July 21, Economica.net reported....

European medical chain Affidea adds three new clinics in Romania

The chain of medical clinics operated by the European medical group Affidea expanded to 74 after it acquired three new clinics in Otopeni, Miercurea Ciuc, and Braila. The national chain now covers 32 cities, according to a group's press release.  "The Affidea Romania investment plan for 2025 will exceed EUR 100 million, which will be […]