Veolia Romania announces the acquisition of a majority stake in General Me.el Electric (GME), one of the most dynamic Romanian companies specializing in the design, execution, and maintenance of electrical systems, as well as solar energy production and battery storage. This acquisition marks a strategic milestone for Veolia, strengthening its position as a fully integrated provider of public utility services in Romania and supporting the Group’s global GreenUp program, dedicated to ecological transition and green energy investments.
Through this transaction, Veolia Romania expands its portfolio with low, medium, and high-voltage electricity services, complementing its existing expertise in water, wastewater, gas, and thermal energy. It also enhances the company’s ability to deliver complex, large-scale renewable energy projects, including solar power generation and energy storage solutions.
Ranked among the top 10 Romanian companies in its field, General Me.el Electric has been active on the local market for over 30 years. Its portfolio includes projects with a total installed capacity of over 200 MW, among them a 62 MW photovoltaic park currently under development, as well as battery storage systems with a cumulative capacity exceeding 15 MWh.
“The acquisition of General Me.el Electric represents a strategic step for Veolia Romania, enabling us to continue our investments nationwide and enter a high-potential field that is essential to the energy transition. Over the past 25 years, we have steadily evolved on the Romanian market through innovation, collaboration, and the integration of specialized local companies into the Veolia Group. By joining forces with GME’s shareholders, management, and skilled employees, we are gaining solid expertise that complements our existing capabilities and strengthens Veolia’s commitment to sustainable investments with a tangible impact on Romania’s energy infrastructure. Together, we will accelerate growth and deliver landmark projects in the electrical installations sector, just as we already do in water resource management,” said Mădălin Mihailovici (photo), CEO of Veolia Romania.
“Becoming part of Veolia Group—a global leader in energy and utilities—is an excellent growth and development opportunity for a business that started as an entrepreneurial initiative more than 30 years ago. Within Veolia, we will gain access to global expertise and international best practices, helping us innovate further and respond more effectively to local market needs, while continuing to contribute to the sustainable development of Romania’s energy sector,” stated Valeriu Stoicescu, founder of General Me.el Electric.