Author: Alexandru Popescu

In recent times, the security of supply of energy products has become an increasingly sensitive issue, amid geopolitical tensions and instability on international markets. In order to avoid disruption to the supply of petroleum products, Romania, like all EU Member States, is obliged to maintain minimum emergency stocks of crude oil and petroleum products. The legal framework that transposed the obligations assumed by Romania at the European Union level is Law no. 85/2018 on the establishment and maintenance of minimum stocks of crude oil and/or petroleum products. This normative act regulates not only the level of stocks...

The emergency ordinance on declaring a crisis situation on the crude oil and/or petroleum products market, to be adopted by the Government, does not really respond to the needs of consumers and will not generate the expected positive effects on fuel prices, but, on the contrary, there is a risk that the proposed interventions will distort the functioning of the market and create significant imbalances in the supply chain, says the president of the Intelligent Energy Association (AEI), Dumitru Chisăliță. „The Intelligent Energy Association expresses its deep concern about the intention to adopt the emergency ordinance on declaring a crisis situation on the crude oil and/or petroleum products market and for the establishment of...

Vertiv, a global leader in digital critical infrastructure, announces the signing of an agreement to acquire ThermoKey S.p.A., a leading provider of heat dissipation and heat exchange technologies, recognized for its strong partnerships with original equipment manufacturers (OEMs) and system integrators. This initiative is part of Vertiv's ongoing strategy to invest in advanced cooling solutions to support high-density AI data centers. Upon completion of the transaction, the acquisition is expected to expand Vertiv's thermal management portfolio and manufacturing capabilities, particularly in the EMEA region. At the same time, it will strengthen the company's ability to provide...

While 86% of organizations plan to increase their investment in artificial intelligence, only 18% are fully leveraging the technology and only one-third have a talent strategy aligned with AI goals, shows a new Accenture Talent Reinventors: Delivering value with and for people report. Furthermore, only 43% of companies are investing in employee skills development, highlighting a major gap in the value generated by AI. Based on a global survey of more than 1,320 C-level executives and 4,560 employees across 20 industries and 12 markets, the report identifies a...

The Competition Council has authorized the transaction by which MidEuropa VI Management Limited intends to acquire, together with Andrei Bojiță, Romanian Business Consult and its subsidiaries, the competition authority announced. ”MidEuropa is a private equity investment group active in Central Europe, including Romania, with a portfolio of mainly medium-sized companies with a presence in the consumer goods, healthcare and technology sectors. Andrei Bojiță holds stakes in Romanian Business Consult and its subsidiaries. He also owns two real estate vehicle companies in Romania, through a holding company in Cyprus, with no income...

Digital payments in Romania continue to accelerate, growing at an estimated 20% in 2025, a pace expected to continue in 2026, and reflecting the rapid expansion of the use of online payments beyond e-commerce to more and more services in everyday life, according to PayU Romania. Over the past four years, the online digital payments industry has grown steadily at around 19-20% annually and has become a critical component of the economy, helping businesses accelerate digitization and offer customers a simpler and faster payment experience, the source cited, comments in a statement. „The outlook for...

The Confederation of Entrepreneurs and Investors in Romania (CAIR) is calling on the Government to adopt urgent measures and initiate a dialog with social partners to reduce the pressure on the business environment, in the context of the accelerated increase in fuel and gas prices, amid the conflict in Iran. The organization warns that some companies could resort to layoffs and price hikes of up to 25%. „With oil quotations having exceeded by 40% the quotations before the outbreak of the war, and with predictions of the 10 lei/liter threshold at the pump having become certainties, the business environment is calling for government intervention to protect economic activities and...

In Romania, battery-electricity is growing rapidly, with about 1 GWh installed in 2025 and 2 GWh expected in 2026. At the same time, nuclear and pumped hydropower are developing at a pace far too slow to compete with BESS systems in the next five years, says a study by TDP Partners, consulted by Industrynews. ”Investors developing stand-alone battery energy storage projects this year are targeting an internal rate of return on equity of around 18%, assuming a financing structure with a leverage ratio of 50% and a cost of...

PPC Renewables Romania, the largest private investor in renewable energy in Romania, continues its hybrid capacity development strategy and adds a 13.5 MW | 27 MWh battery energy storage system (BESS) to the Topolog (Gebeleisis) wind farm. The project totals 29.8 million lei, of which about 4.9 million lei will be provided by European funding through the Modernization Fund. The project continues PPC Renewables Romania's plan to expand its renewable energy portfolio with storage projects that can actively contribute to the stability of the...

Finance Minister Alexandru Nazare told Parliament on Wednesday that the state chose not to borrow on the domestic market recently because the costs were too high and that the reduction in excise duties on fuel proposed by Energy Minister Bogdan Ivan is not sustainable. He explained that interest rates have increased significantly since the outbreak of the conflict in the Middle East, which is why the Ministry of Finance preferred to reject bank bids at the latest auctions of government securities. „When conditions improve, the Treasury will intervene,” Nazare said, according to Financialintelligence. Instead, Romania already has €4.7 billion...