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 […]
TeraPlast announces that it has completed the transaction to acquire the majority stake, of 51%, of the share capital of Aquatica Experience Group (AEG). At the closing, TeraPlast paid EUR 2 million to the sellers and provided a loan of […]
Eximprod Group announces the completion of a 50 MW photovoltaic park located in Ciorani, Prahova County. “A new renewable energy project is ready. The 49.5 MW AC Ciorani photovoltaic park has been completed. The commissioning and integration into the national […]
OMV Petrom, the largest integrated energy producer in South-Eastern Europe, in partnership with Complexul Energetic Oltenia (CE Oltenia), announces the signing of design and execution contracts for four photovoltaic parks. The four projects have a total installed capacity of approximately […]
Helpship, part of the euShipments Group, has invested nearly 1.3 million euros in expanding and automating its logistics network in 2024. Since euShipments acquired a majority stake in Helpship in May 2023, the Romanian company has invested in infrastructure to enhance […]
Romcim, a company owned by CRH in Romania, has completed the acquisition of two concrete production plants in Iași County from BCC Agregate Betoane SRL. “We are constantly attentive to the needs of our clients across all market segments, whether […]
Eight photovoltaic projects of a total capacity of 882.4 MW are added to the renewable energy development plan of MORE, a subsidiary of the Motor Oil Group, and PPC Renewables, a wholly owned subsidiary of the PPC Group, as the […]
