Company aims to triple its active geothermal capacity, double installed capacity to 1 GWt by 2028 and expand into downstream business lines, COO Dragoș Gavriluță tells bne IntelliNews.
Prime Minister Marcel Ciolacu has announced support measures for the worst hit industries, but the fiscal resources are scarce.
February data highlights the growing influence of energy pricing on Romania's industrial inflation and signals potential volatility ahead.
A US 20% reciprocal tariff on the European Union will hurt. It's worsened the eurozone's short-term outlook. Now, so much depends on European governments to push through with their planned fiscal stimulus and reforms to strengthen domestic economies.
European Commission President Ursula von der Leyen says bloc considering retaliatory moves after Trump announces 20% tariffs.
Video sharing network reveals the scale of online manipulation around Romania's cancelled 2024 presidential election, with nearly 100,000 fake accounts blocked.
Despite decline in PMI, Erste analysts say there has been an improvement in the external environment thanks to fiscal stimulus programmes adopted by Romania's trading partners.
AUR leader George Simion tops the latest poll but the big surprise is the sudden rise in support for ex-PM Victor Ponta.
Ongoing geopolitical realignment accelerated by Trump’s return to office could plunge Emerging Europe into a cycle of instability and regional conflict, says a paper published by the ECFR.
European leaders are alarmed at the increasingly warm relations between US President Trump and Putin, but economists are encouraged as even a “quick and dirty” ceasefire deal to the Ukraine conflict will buoy flagging CEE economies.
Interim President Ilie Bolojan says Romania has a strategic interest in continuing to support Ukraine.
A spate of protests across several emerging markets is reigniting concerns over economic stability and long-term financial health. From Turkey to Indonesia, social unrest has flared up that threaten countries with weak fundamentals.
Timing of decision raises speculation given top US officials’ support for Calin Georgescu.
Decline reflects growing concerns over economic uncertainty and a potential recession.
Liberties report finds collapse of democratic standards in Hungary, and strong deteriorations in Bulgaria, Croatia, Italy, Romania and Slovakia.
Is the EU about to break apart under the stress of taking over the full weight of supporting Ukraine, the need to rearm and the hundreds of billions that must be invested if it is to become competitive again?
Bucharest mayor Nicusur Dan, the ruling coalition's candidate Crin Antonescu and far-right AUR leader George Simion are the most likely to make it to the second round of Romania's May presidential election.
Member states want EU to fund Radio Free Europe/Radio Liberty after US President Donald Trump issued an executive order aimed at dismantling the Agency for Global Media.
Latest poll indicates Dan will face George Simion or another far-right challenger in the second round of Romania's May election — but political volatility makes the outcome hard to predict.
EU member states are considering softening the bloc’s binding gas storage targets in order to avoid sending gas prices soaring again ahead of what is anticipated to be a difficult year.