The Ukrainian electricity grid is ‘connected’ to the European grid, announces on Wednesday the French minister of Ecological Transition Barbara Pompili, whose country has the presidency of the EU, AFP says. ‘We committed to this, and we did it. The Ukrainian electricity grid which functioned isolated at the beginning of the war is connected starting this morning to the European grid’ announces in a posted message on Twitter the French minister for energy. Europe studied over the last period an urgent demand on the part of Ukraine for the synchronization of the electricity grids, which facilitates exchanges between the countries and allows the covering of a supply issue with any of them in a more efficient way. ‘Ukraine has become a member of the European Energy Union’ welcomes president Volodimir Zelenski, in a message posted on Twitter. ‘Starting now, the Ukrainian electricity runs in the European Union and vice versa’ he said.. Ukraine was synchronized with the Russian electricity grid until the Russian invasion and functioned after that alone. The electricity grid of the Republic of Moldova is also connected to the European network, announces Pompili. The association of the managers of European electricity transport grids – Entso-E- says, in its turn, in a press release ‘the success ‘ of synchronizing the Republic of Moldova and Ukraine to Europe. It is about ‘acceleration’ of a process which had been under study since 2017 and which was sped up by the Russian war in Ukraine. The area covered by Entso-E goes beyond the EU borders and includes 35 countries, out of which Island and Cyprus.
Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project. A young person will be able to establish or acquire […]
Developer Skanska has signed an agreement to sell the first phase of the Bucharest office complex Equilibrium to Gordiusz Private Equity Fund, managed by Gránit Asset Management. The transaction value amounts to EUR 52 million. The Equilibrium office complex consists of two buildings in the business district Floreasca – Barbu Vacarescu. The first phase, which […]
This year's edition of the George Enescu International Festival, the largest classical music event in the country, will feature performances from some of the top sopranos and mezzo-sopranos of the moment. Among them are Asmik Grigorian, Sonya Yoncheva, Kristine Opolais, Magdalena Kožená, Julia Lezhneva, Sarah Aristidou, Jennifer Holloway, Aylin Perez, Elsa Dreisig, Rachel Willis-Sørensen, Ruxandra […]
Globinvest, an asset management company from Cluj-Napoca, is set to launch an exchange-traded fund, or ETF, grouping together companies in the energy sector and several financial companies. Globinvest, a company with 30 years of experience on the Romanian capital market, will list the new entity on April 28 under the symbol GIBEFETF. Ilie Cenan, Chairman […]
Cyberhaven, an AI-powered data security provider founded by three Romanians and two Ukrainian citizens, recently announced that it has attracted a USD 100 million Series D funding led by StepStone Group along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth. The funding pushes the valuation of the company to USD […]
The electoral campaign for the presidential elections began on Friday, April 4, at midnight, with most of the candidates posting on social media within the first minutes. Far-right candidate George Simion, credited with the first shot at winning the first round according to the latest surveys, began the election campaign alongside his wife and supporters, […]
