Author: Andreea Ionescu

The National Road Investment Company submitted for validation to the National Agency for Public Procurement (ANAP) the documentation for the promotion of the tender for the Express Road that will connect the A0 Bucharest North Highway and the future Terminal 2 of the Henri Coandă-Otopeni International Airport. The estimated value of the investment is over 400 million lei. „This 2.5-kilometer connection will reduce to just two minutes a journey that, on the existing network, takes almost 20 minutes to cover a distance of 16-20 kilometers. The realization of the road connection will initially serve communities in the Tunari area, but it is imperative for the construction of Terminal 2...

E-Infra CEO Teofil Mureșan announced investments of €900 million by 2030 in power generation and storage. „Our group made own investments, especially in power generation and storage, of €500 million last year; we will have budgets of €250 million in 2026 and €650 million in 2027-2029. The storage capacity of Nova Power & Gas, which holds the No. 1 position in the sector in Romania, is 300 MW grid-connected, with 640 MWh, and by the end of the year we will reach 1,000 MWh, with 450 MW. ”In the...

The Ministry of European Investments and Projects is well advanced in the construction of the Social Climate Fund (SCF), but the problem is that the Energy Ministry has decided that Romania is not ready to take on the implementation of the new emissions trading scheme (ETS2), which involves taxes on emissions from buildings and road transportation in exchange for 5-6 billion euros, the minister in charge, Dragoș Pîslaru, told the hearings in the joint budget-finance committees on Tuesday evening. „I am strongly linked to this subject because I negotiated it from the European Parliament. It was negotiated by two committees - environment and labor - and...

The 2025 Global 500 Family Business Index, conducted by EY and the University of St. Gallen (Switzerland), shows that more than 25 million people work in the world's 500 largest family businesses in 43 countries, generating total revenues of nearly $9 trillion. According to the figures, family businesses are the world's third largest economy after the US and China. The strength of family businesses, beyond the numbers, means tradition, added value in all the economies in which they have developed globally, stability, continuity, respect for strong values. Romania...

Multinational and national groups with consolidated revenues of at least EUR 750 million now have the possibility to switch from financial reporting according to the statutory accounting rules, regulated by the Ministry of Finance Order No. 1.802/2014, to accounting regulations in accordance with International Financial Reporting Standards (IFRS), applicable in Romania by the Ministry of Finance Order No. 2.844/2016. The clarifications were made by the acts published in the Official Gazette of March 13, 2026 and concern groups of companies to which Law no. 431/2023 on ensuring a global minimum level of taxation applies, says Bogdana Buhoș, Assurance Partner, Deloitte Romania, in...

Prime Minister Kyriakos Mitsotakis has announced that Greece will, for the first time, examine the prospect of nuclear power generation in its current energy mix. He also announced the possibility of cooperation in the field with Romania and Bulgaria, according to Bloomberg. This is a tectonic shift in Greece, a country that has traditionally shunned nuclear power - partly because of significant seismic activity, but also because of opposition from a significant part of society, according to Profit.ro. Mitsotakis made the statement as EU leaders struggle to cope with rapidly rising energy prices due to the war in Iran....

Econergy is one of the largest investors in renewable energy in Romania, with a local portfolio of projects under development of about 3.3 GW. The company is developing the Părău 1 and Rătești projects, the latter being one of the largest connected solar projects so far in Romania, for which a Real-Time Market PPA (RTM) contract has been signed. In an interview with IndustryNews, Enrique Battistini, Head of PPA & Energy Management at Econergy, emphasizes that Romania plays a central role in the company's European platform, where renewable energy production, storage solutions and commercial structures are integrated on...

The Confederation of Entrepreneurs and Investors in Romania (CAIR) warns in a press release that Romania can no longer rely exclusively on a growth model based on catching up and consumption, and that the future depends on public policies and investments oriented towards productivity, innovation and higher added value. According to the employers' confederation, which brings together four major economic sectors and companies that contribute about 131TPTP3T to Romania's GDP, entrepreneurs should be consulted by the government in order to propose a new economic model based on productivity and innovation. CAIR's reaction comes following the publication of the Economic Study 2026 for Romania, carried out by the Organization for...

„We are seeing a very large increase in the number of prosumers who are installing storage capacity,” said the vice president of the National Energy Regulatory Authority, Gabriel Andronache, quoted by Hotnews. „We found that in December we reached the threshold of 297,000 prosumers and one thing that is very, very encouraging: we have 66,000 prosumers that have installed capacity in storage. We are seeing a very big increase in the number of those who are prosumers and are installing storage capacity,” Andronache told the Energy Focus conference. He said that in December, 7,000 prosumers had installed storage capacity...

Romania is trying to join the Organization for Economic Cooperation and Development (OECD), and now the OECD is recommending that the government in Bucharest increase certain taxes, targeting PFA income, local property tax and the increase of VAT in HoReCa from 11% to 21%, according to Startupcafe. Romania has candidate status to join the OECD in 2022. An eventual membership in this club of 38 developed countries would theoretically lead to greater attractiveness for large investors. On Monday, the OECD published a study in which it makes a series of recommendations to the Bolojan government. The effective...