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    Petre Barac

    Investments

    HORNBACH to invest 70 million euros to open two new stores in Romania

    HORNBACH Romania, one of the country’s leading retailers of building materials and gardening products, plans to invest approximately 70 million eurosin two new stores in Cluj-Napoca and Craiova. Construction of the company’s second location in Cluj-Napoca has already started, while in Craiova, HORNBACH has...
    Energy

    INTERVIEW Ionuț Tănăsoaica, Electromontaj: “The energy infrastructure of the future must combine performance with intelligence, security and resilience”

    As Europe’s energy landscape undergoes a profound transformation, the need for resilient, flexible and increasingly digital infrastructure is becoming a strategic priority. Electrification, the expansion of renewable energy and rising electricity demand are reshaping the sector, creating both new challenges and significant opportunities for...
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    Economics

    BASF mandates investment banks for planned IPO of Agricultural Solutions

    BASF has mandated Citi, Deutsche Bank, Goldman Sachs and J.P. Morgan as Global Coordinators...
    Economics

    Leroy Merlin Romania invests 24.5 million euros in 2026 to expand store network, digitalise operations and strengthen IT

    Leroy Merlin Romania, the home improvement retailer specialising in construction, home decoration and gardening,...
    Economics

    European banks show credit risk stability amid persistent uncertainty

    Forvis Mazars Group, the international audit, tax and advisory services partnership, has released the...
    Finance

    EIB provides 630 million euros for major upgrade of Brașov–Sighișoara railway

    The European Investment Bank (EIB) has signed a 630 million euros financing agreement with...
    Energy

    Delgaz Grid validates hydrogen blends of up to 30% in existing gas installations

    Delgaz Grid has successfully completed the 30HyGrid pilot project, a first-of-its-kind initiative in Romania...
    Energy

    Dentons advises Kommunalkredit on the 50.6 million euros refinancing of the 60 MW Ruginoasa wind farm

    Global law firm Dentons has advised Kommunalkredit Austria AG on the 50.6 million euros...
    Latest News

    Executive changes at Allianz-Țiriac: Aurel Badea to step down after 33 years

    Allianz-Țiriac has announced upcoming leadership transitions set for late 2026 to ensure long-term organization...
    Energy

    OMV Petrom acquires a 20 MW battery energy storage system for the Ișalnița solar park

    OMV Petrom and the Romanian company Simtel Team have signed an engineering, procurement and construction (EPC) contract for a...
    Energy

    Hidroelectrica awards contract for 64 MW / 434.76 MWh battery storage facility at Porțile de Fier II

    Hidroelectrica has awarded the contract for the development of a battery energy storage system...
    Economics

    Vastint Romania launches The Venue Timpuri Noi, a dedicated space for conferences and events

    Vastint Romania, part of VASTINT Group, has launched The Venue Timpuri Noi Square, a...
    Finance

    Nusco secures 21.4 million euros in financing from Exim Banca Românească

    Nusco, one of Romania’s leading real estate developers, has signed a 21.4 million euros...
    News

    OMV Petrom invested 115 million euros in modernizing Petrobrazi’s electrical infrastructure

    OMV Petrom invested approximately 115 million euros to modernize the electrical infrastructure of the...
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    Latest articles

    Investments

    HORNBACH to invest 70 million euros to open two new stores in Romania

    HORNBACH Romania, one of the country’s leading retailers of building materials and gardening products,...
    Energy

    INTERVIEW Ionuț Tănăsoaica, Electromontaj: “The energy infrastructure of the future must combine performance with intelligence, security and resilience”

    As Europe’s energy landscape undergoes a profound transformation, the need for resilient, flexible and...
    Economics

    BASF mandates investment banks for planned IPO of Agricultural Solutions

    BASF has mandated Citi, Deutsche Bank, Goldman Sachs and J.P. Morgan as Global Coordinators...
    Economics

    Leroy Merlin Romania invests 24.5 million euros in 2026 to expand store network, digitalise operations and strengthen IT

    Leroy Merlin Romania, the home improvement retailer specialising in construction, home decoration and gardening,...

    Since 2004, 'The Diplomat - Bucharest' aims to bring a fair and balanced analysis and comprehensive coverage of the political and business scene in Romania.

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