Romania is a secure country with no systemic risks and a GDP that has doubled over recent years, according to Cristian Popescu, Partner at Dentons. While there are some risks, particularly related to bureaucracy and regulatory processes, these are relatively low in intensity, he noted.

“The main drawback lies in bureaucracy and, at times, the pace of legislative amendments, which can delay initial investments or introduce new taxes. However, the conditions are in place for solid investment returns. Overall, these risks are manageable,” Popescu emphasized at the “Regional Approach Istanbul: Co-operation for profitable energy” conference organized by Energynomics and Enexus Renewable Energy.

Romanian authorities are also prepared to implement new regulations to support further investments in the energy sector, although challenges remain.

“Romania holds tremendous potential and has the opportunity to become a regional energy hub. Turkish investors bring valuable expertise, especially in solar energy projects, but also in wind energy, positioning them as key partners in the country’s energy development,” Popescu added.

The conference “Regional Approach Istanbul” was organized by Energynomics and  Enexus Renewable Energy, with the support of our partners: Dentons, Electrica,  Elektra Renewable Support, Enexus Renewable Energy, Huawei, iNovat Energy Storage Solutions,  Photomate, Pomega Energy Storage Technologies, RomCapital Invest, Solar Today, Solpeg, STA Solar, Volt.