So far we have about 500 megawatts of distributed generation projects under implementation, but many more are to come and here we are exploring different financing, purchase and donation options, Ukraine's Deputy Minister of Energy Roman Andarak told the ministerial meeting organised within the framework of the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) meeting on Wednesday.Ukraine's Deputy Minister of Energy Roman Andarak said Ukraine focused on several directions, explaining that the first concerned physical protection and air defence. The second direction mentioned is infrastructure repair, which according to calculations, an investment of 180 million would reintroduce more than 3 GW of production into the system.Andarak also pointed out that they are also trying to make the system more flexible, more resilient, through distributed generation. So far, around 500 megawatts of different distributed generation projects are being implemented.He underlined that an important area of the ministry's work is to ensure reserve generation for the most critical facilities.Ukraine has received from international partners 16,000 generators for all the country's needs, but the basic needs for next winter are much lower, only 10% of that number.The Ukrainian official mentioned that his country's government has implemented policies not to disconnect companies that purchase 80% of their electricity from abroad.Last but not least, Roman Andarak pointed out that, despite the war, projects are being developed in various fields, including photovoltaic energy and wind farms.The deputy minister explained that due to the massive missile attacks, over 9 GW of generating capacity has been destroyed in Ukraine, which is why there is a significant deficit in the system, amounting to 30% of the necessary energy consumption.
The Bucharest Municipal Electoral Office announced late Monday, November 17, that it has validated 17 of the 20 candidacies submitted for the capital’s race for the general mayor seat, including those of the main contenders. Two applications were rejected, and one was postponed for further review,
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
