The ministry of energy is working at present on the legislation which will allow the installation of wind turbines offshore, the target being that Romania becomes the first in this sector in the Black Sea, stated on Tuesday George Niculescu, state secretary in the ministry of energy, during an event which took place in Copenhagen.‘For the energy sector, we have in the National Plan for Recovery and Resilience over 1.5 billion euro. On 31st March we launched the call for projects worth 460 million euro. The investors can lodge up to 31 projects to ask for financing. We want to finance over 950 MW of renewable energy: 450 MW in wind energy and 400 MW in photovoltaic panels’ said Niculescu. During the conference organized by the Association The Romanian Centre of Energy in partnership with the Romanian Embassy in Denmark.This is only the beginning, he told the Danish investors.‘In October we will launch the Modernisation Fund, which is almost 1.4 billion euro per year, so a very important financial resource to make new production capacitiy for clean energy in Romania. I would advise you to analyse these opportunities, to come to Romania and develop projects here. Romania, during this period is in the second phase of development for the production projects for renewable energy’ Niculescu said.The ministry of energy is working at present on the legislation in the offshore wind sector, where Romania has a huge potential.‘We started this process at the end of last year. The draft law which has been in the parliament since 2019 cannot be used anymore, so we decided to work with the World Bank,as consultant, to have a stable and predictable legislative framework for investments in the offshore wind sector in the Black Sea. We have studies which show the potential is huge, as Dobrogea, known for its wind potential has drawn the biggest part of the wind projects in the first wave. So it is normal to continue and to want to be the first country which implements offshore wind projects in the Black Sea’ said the official.
NATO Secretary General Mark Rutte tried to calm security worries during his visit to Bucharest, saying the Alliance’s commitment to Romania remains strong, even after recent changes to the US troop presence. Standing next to president Nicuşor Dan on Wednesday, November 5, Rutte stressed that NATO fully understands Romania’s strategic importance on the eastern...
During the General Meetings of Shareholders of EVERGENT Investments held on October 29, 2025, all proposals submitted by the Board of Directors and included on the agenda were approved by a large majority. The main resolutions adopted were: the implementation of a share buyback program for up to 43,300,000 own shares, to be carried out […]
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
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, […]
