Tag: PNRR (20 articles)

Finance   |   27 January, 2026 at 3:26 PM

Romania cuts cash budget deficit to 7.65% in 2025

Romania's Ministry of Finance announced that the consolidated general budget execution for 2025 ended with a cash deficit of RON 146.03 billion (€28.65 billion), representing 7.65% of GDP, down one percentage point from the 8.67% deficit recorded in 2024.

Energy   |   20 November, 2025 at 12:41 PM

Simtel completes Romania's largest solar park on degraded land

Romanian engineering group Simtel Team has commissioned its photovoltaic park in Giurgiu, Romania's largest solar park built on degraded land. The facility has an installed capacity of 52 MWp and an estimated annual production of approximately 73 GWh.

Energy   |   19 September, 2025 at 7:36 PM

Hidroelectrica CEO, CFO resign

Karoly Borbely, Chairman of the Management Board and CEO, and Marian Fetiţa, Member of the Management Board and CFO, have mutually agreed to exit Hidroelectrica.

RECOMMENDED FROM THE HOME PAGE
Finance

EBRD investment in Romania hits record in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €955 million in 37 projects in Romania in 2025, up from €707 million for 44 projects the previous year.

Industry

Ursus Breweries GM to step down next month

Dan Timotin, General Manager of beer maker Ursus Breweries since July 2025, will leave the company at the end of February 2025, according to a company statement.