The Neptun Deep Black Sea gas exploitation project, of OMV Petrom and Romgaz, is moving forward, according to information published by Energy Minister Sebastian Burduja. “Today, through a firm decision, the judiciary defended Romania’s interests against repeated attempts by the […]
Schneider Electric, the global leader in energy management and automation, has partnered with Start Campus, a pioneer in the development of sustainable, AI-scale data center ecosystems, to deliver and operate its 26 Megawatt (MW) SIN01 facility in Sines (Portugal). The […]
Distribuție Energie Electrică Romania (DEER) has completed an investment of 17 million RON for the modernization of the electricity distribution infrastructure in Săcele, Brașov County. The works aimed at the modernization of the low-voltage electrical networks in the locality, over […]
Real estate investor-developer Hagag Development Europe consolidates has selected Radisson Hotel Group as operator for its first hotel development in Bucharest, to open under the Radisson RED brand, and started the permitting procedure to revamp and repurpose its property on […]
The Floreasca Park office building in the Barbu Văcărescu-Floreasca area, one of the largest business hubs in Bucharest, attracts Leroy Merlin as new tenant, following a deal for a 4,000 sqm space, in a transaction carried out with the involvement […]
UniCredit Group announced its financial results for the first quarter of 2025. The company registered a net profit of 2.8 billion euros, up 8.3 percent in Q1. Total revenues stood at 6.5 billion euros in Q1 (+2.8 percent), driven by […]
ELI Parks, one of Romania’s leading industrial and logistics park developers, announces the signing of a new lease agreement with DAAS, part of the Epta Group – a global leader in commercial refrigeration solutions. DAAS will occupy a new 3,600 […]
AQUILA, one of the largest players in the fast-moving consumer goods (FMCG) distribution sector from Romania, recorded revenues of nearly RON 740 million in the first quarter of 2025, marking a 19 percent increase compared to the first quarter of […]
Today, MOL Group announced its financial results for the first quarter of 2025. MOL Group delivered 546 million USD profit before tax in Q1 2025, an increase of 23 percent year-on-year. Chairman-CEO Zsolt Hernádi commented on the results: “In a […]
Global law firm Dentons has advised Yeşilyurt Enerji on the acquisition of a 41 MW solar park in Romania. The project, located in Dambovita county, is at a ready-to-build stage, with all necessary building permits obtained to commence the works. […]
