The mayor of Oradea, Florin Birta, announced on Wednesday the start of works on a major investment in the city's heating system, by replacing the existing energy group 1 with a modern one, a project worth about 48 million euros, financed from the state budget (85%) and from the local budget (15%)."Until the end of next year, all the thermal energy produced in Oradea will come from new, efficient installations, which reduce losses and pollution and ensure a much better quality of the heating agent for the population. It is an essential investment for the health and comfort of our community", mayor Florin Birta told a press conference at the Electric Heating Plant (CET).The investment includes a production unit with four modern natural gas thermal engines, with an electrical capacity of 30.16 MWe and a thermal capacity of 25.98 MWt, as well as two hot water boilers (CAFs) of 25 MWt each each, a pumping station and a modernized electrical station, the decommissioning of the old cooling towers and the modernization of the infrastructure, including the adaptation of the gas and heating networks.The four high-efficiency thermal engines for cogeneration will produce electricity and heating and will be connected to the national grid through an electrical discharge station.The builders - the association between the companies Loial Impex from Suceava (leader), Engul SRO from Slovakia and Moldproiect ASD from Suceava - have a completion date of October 2025.The implementation of the project will bring direct benefits for the inhabitants of Oradea by reducing CO2 emissions by approximately 18,815.6 tons annually and an energy saving of over 8,012 toe."This heating system modernization project represents a firm commitment of the Oradea administration to transform Oradea into a sustainable and efficient city, offering citizens public services at the highest European standards", the press release states.
The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
Arrivals recorded in tourist accommodation structures in Romania, including apartments and rental rooms, in the first five months totaled 4.49 million people, up 0.8% compared to the same period in 2024, according to data from the National Institute of Statistics. Of the total number of arrivals during this period, Romanian tourists accounted for 80.8% and […]
Renowned Romanian mountaineer Horia Colibășanu reached the summit of Nanga Parbat (8,125 meters), the ninth-highest mountain on Earth, on Friday morning, July 4, marking his 11th successful climb of a peak over 8,000 meters. The ascent represents a major milestone in his ongoing quest to conquer all 14 of the world's eight-thousanders. Colibășanu's expedition began […]
UiPath (NYSE: PATH), a global leader in agentic automation, today announced that it has named Romanian Olympic swimming champion David Popovici a Global Ambassador. In this capacity, Popovici will be attending and speaking at several UiPath events globally. The partnership, spanning four years, will support the young athlete throughout his preparation for the biggest European […]
Confident Agency, an independent full-service communications agency with offices in Bucharest and Barcelona, has achieved international B Corp Certification, becoming the first agency in Romania and in Central and Eastern Europe to join the global B Corp movement. This milestone marks a turning point in the agency’s journey and in the regional creative industry. Confident […]
Romanian star Simona Halep will bid farewell to professional tennis in front of her home crowd on June 13, 2026, during the Sports Festival in Cluj-Napoca. Organizers have confirmed the date of her official retirement match, which will take place at BTarena and serve as the highlight of the festival’s seventh edition,
