ENEVO Group announced the completion of the construction and commissioning of the photovoltaic park in Teius. The photovoltaic park, with an installed capacity of 68.99 MW, is a tracker-type installation, which allows the panels to automatically track the sun throughout the […]
ENGIE Romania announces the completion of the acquisition of a wind project with an installed capacity of 54 MW, located in Mereni, Constanta County. This project represents a step in expanding the company’s renewable energy portfolio, with the objective of […]
Monsson, an international renewable energy solutions group specializing in wind and solar energy, energy storage and green hydrogen, headquartered in Romania, has developed an energy storage solution optimized for the Scandinavian climate at the request of its Swedish subsidiary, Monsson […]
ING Bank and Unicredit Bank have successfuly finalized, as joint coordinators and lead managers, a significant syndicalised transaction aimed at financing the telecommunication infrastructure. The 200 million euros worth financing, granted for a period of 5 years, will support the […]
Nusco, one of the most active real estate developers on the local market, aims to integrate the concept of a mini urban forest into the urban regeneration project Nusco City, over an area of 20,000 square meters, with more than […]
Otokar, the defense systems division of Turkey’s largest conglomerate, Koç Group, has signed a joint venture agreement with one of Romania’s most prominent defense companies, Automecanica, to manufacture armored vehicles in Romania, contributing to the development of the country’s defense […]
The general meetings of shareholders of OMV Petrom – held on April 24 – approved all proposals submitted by the Management Board, including the distribution of record dividends, in the amount of 2.8 billion lei for the financial year 2024, […]
Hidroelectrica announces the signing of the contract with Prime Batteries Technology and Enevo Group for the acquisition of the Li-ion battery storage facility in Crucea Nord Wind Farm. The main purpose of the investment is to reduce internal imbalances at […]
The Bucharest hotel market recorded further performance recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR finally surpassed the milestone of 100-euro average daily rate, according to the real estate consulting company Cushman & Wakefield Echinox. […]
Delgaz Grid, the natural gas and electricity distribution company of the E.ON Group in Romania, will carry out 25 investment projects this year in Mureș County, with a total value of approximately 46 million lei (9 million euros). The investment […]
