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 […]
STRABAG SE, the publicly listed European technology group for construction services, maintained a stable output volume of 19.2 billion euros in 2024 while expanding the order backlog to a new record high exceeding 25.3 billion euros, up 8 percent on […]
Hidroelectrica and the National Renewable Energy Laboratory (NREL) – US Department of Energy have signed a memorandum that puts Romania at the forefront of Europe in storing green energy through pumped storage hydroelectric power plants throughout the Carpathian chain, announced […]
Romania is attracting increasing attention from investors considering Central and Eastern Europe for industrial or office developments, thanks in part to generous government incentives that can cover up to 70 percent of eligible project costs, according to Colliers’ latest report. […]
Vienna Insurance Group (VIG) publishes its 2024 Group Annual Report. This report includes for the first time the sustainability statement prepared in accordance with the EU Corporate Sustainability Reporting Directive (CSRD). Gross written premiums amounted to EUR 15.2 billion (+10%) […]
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, […]
CTP, Europe’s largest listed developer, owner, and operator of industrial and logistics properties by gross leasable area announces a partnership with state-owned postal operator Poșta Română (“Romanian Post”), Romania’s market leader in postal and logistics services. Starting this spring, Romanian […]
