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.
Romania registers one of the highest shares in Europe of people aged over 16 with disabilities who are at risk of poverty or social exclusion, according to Eurostat data processed by Monitorul Social, a project of Friedrich-Ebert-Stiftung Romania. A total of 38.4% of people with disabilities in the country were at risk of poverty or […]
New research by Revolut Business among 150 Romanian business decision-makers (CEOs, CFOs, and COOs) revealed that local companies prefer to invest their money in modernizing their IT infrastructure and automating outdated systems rather than in artificial intelligence. When asked where the largest budget increase will go this year, ‘modernizing IT infrastructure and cloud migration’ takes […]
Romania’s modern retail market surpassed the 5 million sqm threshold in 2025, following the delivery of around 190,000 sqm of new retail space, about 20% above the average of the past five years, according to an annual report by Colliers. Despite a more moderate economic backdrop, 2026 is expected to bring roughly 240,000 sqm of […]
Romanian business leaders remain optimistic for 2026, with 86% of C-suite executives surveyed in Forvis Mazars's C-suite barometer: outlook 2026 expecting growth. This is slightly below the 92% reported globally and down from 90% in 2025. While confidence is strong locally, Romanian executives are more cautious than their global peers, reflecting the region's economic and […]
As one of the largest economies in the world, Germany is without a doubt one of the best countries to do business in. Economic stability, excellent infrastructure, and trade cooperation with nations worldwide are some of the reasons to launch a company here; however, they are not the only ones. What makes Germany appealing for […]
One United Properties (BVB: ONE) recorded total residential sales and pre-sales of EUR 174.1 million in 2025, corresponding to 57,018 sqm of residential and commercial spaces. These results reflect the sale and pre-sale of 577 apartments and commercial units, as well as 768 parking spaces, and represent a 18% price increase. The 18% increase in […]
