Author: Alexandru Popescu

Sungrow, a global provider of photovoltaic inverters and energy storage systems (ESS), has announced the signing of a landmark agreement with ENEVO Group, a Romanian leader in energy solutions, for a series of energy storage system projects totaling 1 gigawatt-hour (GWh) capacity in Romania. The first phase of the collaboration includes 440 MWh projects ordered earlier this year, scheduled for delivery before December 2026. A subsequent phase adds another 560 MWh, bringing the total to more than 1 GWh once all projects are finalized. All systems will be deployed in Romania and will include the award-winning...

The Finance Ministry's analysis of fuel prices has been sent to the Government and a decision could be taken by the Executive in the coming days, Finance Minister Alexandru Nazare said on Tuesday. ”Indeed, there are spectacular increases. We are worried about the situation. Especially with regard to the fact that the stocks that producers and distributors have at their disposal today are stocks purchased in the past. As such, if you will allow me, all the agencies and all the institutions that are in charge of monitoring and controlling this situation in a context of crisis on the fuel market must act in this respect. As...

The economy is panting and there is no room for tax hikes this year or in the foreseeable future because the shock will be passed on and the economy will go into recession, Iulian Lolea, macroeconomist at the Concordia Employers„ Confederation, said on Tuesday at a specialized event. "A number of the recommendations that they (OECD, editor's note) have may or may not be implemented. A number of them look in the area of tax hikes, but we in Romania, in the private sector, have felt it very strongly lately. We come after two years of increases...

Investment in transformative technologies continues to grow among companies, with data analytics and artificial intelligence leading across all sectors. 66% of companies say they are already investing in generative artificial intelligence (34%), and 32% plan to invest over the next year. All of this points to radical changes in the way executives in companies are considering, acquiring and deploying new capabilities, according to the latest EY Reimagining Industry Future 2026 study. The study also revealed that investment levels in 5G have increased from last year, while sovereign cloud solutions represent a new technology...

The internet is entering a similar phase to when search engines became the main gateway to information, a new study by Reveal Marketing Research shows. Whereas two decades ago users typed in a website address directly, and later started using Google to find information, today more and more people are reaching answers through artificial intelligence. In Romania, the use of these tools is growing rapidly. Thus, 77% of urban Romanians have used AI tools in the last six months, a sign that technology is starting to become part of their daily digital routine. The impact can be seen...

Nearly two weeks after the onset of probably the world's biggest oil crisis, due to a ”leak” of a document, we find out that strategic stocks of petroleum products actually exist, but are not in the country, but are in fact on paper, but in fact now we intend to check whether they exist, says Dumitru Chisălță, AEI president, a Romanian authorized and EU approved forensic technical expert in the field of Oil and Gas, in an analysis that we present in full below. ”We don't know exactly about stocks, but we want to declare a state of oil emergency, to...

Emigration remains a defining phenomenon for Romania, marked by a significant loss of population and skilled labor, but recently counterbalanced by increasing immigration flows. According to the EY study „Migration at the crossroads: The evolution of emigration and immigration in Romania within the global system”, published in February 2026, Romania faces a dual reality: massive emigration, which has reduced the resident population by about 2.3 million inhabitants in the last two decades, but also emerging immigration, which has generated a net positive migratory balance between 2022 and 2024. This report analyzes the impact on the economy, society and culture, highlighting trends...

Banca Transilvania is providing Globalworth with a financing of almost EUR 40 million for the development of the fourth office building within the Green Court complex in Bucharest, one of the landmarks of the business area in the north of the capital, the credit institution announced. The new building will integrate state-of-the-art technologies and advanced energy efficiency solutions, helping to raise the standards of the Bucharest office market. The project, whose construction started in the last quarter of last year, will add 16,500 square meters of office space, distributed over three underground levels, ground floor and 11 floors, and is expected to be completed in...

The Ministry of Economy, Digitalization, Entrepreneurship and Tourism (MEDAT) opens on Monday, 16 March this year, the call for projects worth 10 million euro to support the operationalization of Destination Management Organizations (DMOs). The program, funded by the National Recovery and Resilience Plan (NRRP), is addressed to local public authorities members of such structures. The funding will support small-scale investment projects aimed at improving the accessibility, sustainability and development of tourist destinations, as well as strengthening the operational capacity of the DMOs. „I am pleased to announce that, in a short time, we have been able to start financing Destination Management Organizations (DMOs) with funds from...

The shares of TeraPlast, part of the TeraPlast Group, a manufacturer of building materials with over 130 years of tradition in the industrial sector and a company listed on the Bucharest Stock Exchange (BVB) under the stock symbol TRP, were promoted on Friday, March 13, from the Standard category to the Premium category of the Main Market administered by the BVB. The promotion of a company to the Premium category reflects the fulfillment of rigorous criteria regarding free-float capitalization and share liquidity. TeraPlast has met these requirements which, among other things, are due to the implementation of high standards of transparency and corporate governance and is thus promoted to a higher class. This development...