Author: Alexandru Popescu

The European Commission has announced almost €650 million in grants from the Interconnecting Europe Facility (EIF) to help finance 14 cross-border energy infrastructure projects, according to a press release from the EU executive. One of the 14 projects that will receive funding is the CARMEN (Carpathian Modernized Energy Network) project, which aims to improve the integration of the electricity market, support the integration of large-scale renewable energy sources and ensure energy security and flexibility in Romania and Bulgaria, reports Agerpres. A grant for construction works worth...

Fuel prices could rise in Romania by 0.5 cents to 4.5 lei per liter, depending on the severity of a possible regional crisis, with diesel fuel at the forefront of the price increases, says Dumitru Chisăliță, president of the Intelligent Energy Association (AEI). Amid geopolitical tensions in Eastern Europe and around the world, Romania could see new fuel price hikes in the coming months. Market analyses show that diesel remains much more exposed than gasoline because of its high dependence on imports and its strategic role in transport, agriculture and industry. According to estimates, prices may rise by 0.5 to 4.5 lei...

The 12 EU member states with operational nuclear reactors collectively generated 649,524 GWh of electricity in 2024, 4.8% more than in 2023, the second consecutive year of growth in nuclear power generation in the EU bloc, data published by Eurostat, cited by Agerpres, show. According to the data, nuclear power plants were responsible for 23.3% of total electricity production in the EU. The EU's largest nuclear power producer, France, was responsible for more than half (58.6%) of all nuclear power produced in the EU bloc (380,451 GWh). On...

The initial public offering by Electro-Alfa International, one of the most important Romanian players in the electrical equipment and integrated energy projects industry, aims to list on the Main Market of the Bucharest Stock Exchange (BVB) and is expected to generate about 584 million lei, which the company will use for investments. The company will issue up to 65.99 million new shares, equivalent to 35% of the total number of shares the company will have after the market operation, at a price between RON 8.35 and RON 8.85, with a listing price of RON 0.1....

The Sebeș City Hall is buying 7 electric buses and 10 slow and fast charging stations, which will be used in the public transportation system in the municipality. The investment amounts to over 19.1 million lei. On January 23, Sebeș City Hall launched a tender on the SEAP platform for the purchase of electric buses with related stations, ITS systems and e-ticketing, as part of the project „Development of sustainable mobility in Sebeș municipality”, Alba24 reports. The total estimated value of the investment is 19,177,768.9 lei, excluding VAT. The project aims to purchase 7 new electric buses, with a length of 10 meters, which will be used...

Ten new electric trams, with more than 150 seats, will enter Timisoara's public transport fleet by next spring, after the municipality will sign the supply contract with the Turkish company Bozankaya. The vehicles will serve the route between North Station and the Buziaș industrial zone. The ten trams are being purchased with European funds through the Regional Program (RP) West 2021-2027, the contract is worth 105,760,000 lei (excluding VAT), Agerpres and RRA report. „With the purchase of the new smaller trams, we manage to modernize public transport also on routes on which, until now, we could not introduce trams already in...

Seven out of ten cars (71,47%) registered in Romania in 2025 were second-hand, and Volkswagen, Dacia and BMW brands are the most sought after by Romanians, reveals an analysis conducted by a marketplace platform, based on official data from the General Directorate of Driving Licenses and Registrations (DGPCI).ro, a total of 548,612 vehicles were registered last year, of which 28,53% were new cars.The analysis, which includes nationwide data, also shows that limited budgets, rising maintenance costs, inflation and economic uncertainty are leading Romanians to look for cars that are already depreciated but still reliable, models with verifiable history and...

PSD President, Sorin Grindeanu, said on Wednesday that all the construction sites related to medical and transportation infrastructure must have funding secured in this year's budget, so that the pace of work allows, in particular, the completion of the objectives included in the PNRR. Grindeanu had a meeting at the Parliament Palace with the PSD team in the Government, ministers and Deputy Prime Minister Marian Neacșu, where they discussed the state budget for 2026. The economic recovery program must be adopted as quickly as possible, together with the reform of the administration, because procrastination is measured in thousands of lost jobs and closed companies! Besides...

Romanian-owned companies dominate the top 5,000 largest companies in Romania, accounting for 53% of the total, but the figures show significant differences between the country's regions, according to PwC Romania's analysis of Romanian entrepreneurship. The distribution of the top 5,000 companies across Romania's historical regions highlights a remarkable concentration of local entrepreneurship in Moldova, Dobrogea and Oltenia, where local companies account for more than three-quarters of the total. By contrast, in the Bucharest-Ilfov region, foreign companies are in the majority, while in Transylvania the ratio between foreign and local capital is balanced, says Ionuț Simion, Partner at PwC...

On January 30, the government approved a new ordinance amending existing regulations in the field of spatial planning and urbanism. The new regulations reduce bureaucracy by authorizing construction works, public utility works and community services - announced Minister of Development Cseke Attila. The minister added that the new provisions speed up Romania's development process by de-bureaucratizing and making transparent the processes in the field of urban planning and making the public authorities responsible for this area more accountable. The measures adopted today eliminate the inconsistent practices of entities issuing permits and agreements, strengthen procedural discipline for both beneficiaries and public authorities, and support construction...