Midia Marine Terminal (MMT), member company of the KMG International Group, has successfully completed the turnaround of the offshore marine terminal, which ensures the supply of raw materials to the Petromidia refinery. For 24 days, the 4.3 million USD project […]
The Ministry of Energy and E-Distributie signed two non-refundable financing contracts through the Modernization Fund, totaling 122 million RON (VAT included), for the modernization of the grids in two of the areas where the distribution operator activates. Thus, E-Distributie Muntenia […]
Photon Energy announces that Photon Energy Engineering Romania – the Group’s Romanian subsidiary dedicated to engineering, procurement and construction (EPC) services – has completed and grid-connected two photovoltaic (PV) power plants in Romania. The power plants have a combined generation […]
TeraPlast signed the financing contract for a financial support of 5.5 million RON through the National Recovery and Resilience Plan (PNRR) for the development of a new photovoltaic plant in the Industrial Park of Sărățel. The non-refundable financing, approved according […]
OMV Petrom has successfully completed the replacement of the four coke drums at the Petrobrazi refinery. They play an essential role in the refining process, ensuring the transformation of the heavy components into superior products. The new equipment is designed […]
Dentons law firm advised the founders of the BMF Grup – the largest integrated facility management company in Romania – on the sale of a majority stake in the company to the private equity fund SARMIS Capital. This is the […]
Hidroelectrica signed the reception of the commissioning of the installations related to hydro aggregate number 2 (HA2) of the Tismana Underground hydroelectric plant. The works are part of a contract with several objectives, the total value of which amounts to […]
The EBRD is lending 15 million Euro to the municipality of Alba Iulia to fund the rehabilitation of the city’s public transport infrastructure. The project will be co-financed with the European Union. The Bank’s loan will be used to redesign and […]
Midia Marine Terminal (MMT), a member company of the KMG International Group, has started the overhaul works at the marine terminal located 8.6 kilometers offshore in the Black Sea, which ensures the supply of crude oil to Petromidia refinery – […]
The new Doicești – Șotânga photovoltaic park with an installed capacity of 80 MW, part of the Doicești energy complex, which will also include the first small modular reactor (SMR) plant in Europe, the second after the USA, has been […]
