Transelectrica inaugurated last night, through a ceremony organized in the Portile de Fier Power Station, the 400 kV Overhead Power Line Portile de Fier – (Anina) – Reșita. The investment project had a total value of 150 million lei, from […]
Transelectrica inaugurated last night, through a ceremony organized in the Portile de Fier Power Station, the 400 kV Overhead Power Line Portile de Fier – (Anina) – Reșita. The investment project had a total value of 150 million lei, from […]
Swiss-based energy company MET Group recorded the second-best financial results in its corporate history in 2023. The group achieved a consolidated revenue of 24.5 billion Euro. The company’s revenue was down from EUR 41.5 billion in 2022 reflecting the lower […]
The S&P rating agency reconfirmed the rating related to Romania’s government debt at BBB-/A3 for long-term and short-term foreign currency debt, as well as the stable outlook. The decision to reconfirm the sovereign rating and maintain the stable outlook is […]
Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has advised PIB Group Europa, backed by global private equity firms Apax Funds and The Carlyle Group, in relation to the acquisition of Stein Bestasig Insurance Broker, which […]
Four significant shareholders of One United Properties, including the co-founders Andrei Diaconescu (via OA Liviu Holding Invest), Victor Capitanu (via Vinci VER Holding), Chairman of the Board, Claudio Cisullo (via CC Trust Group AG) and Board Member Marius Diaconu (via […]
On April 10, the members of Professional Women’s Network Romania met in a General and Elective Meeting with the aim of approving the results of the activity for 2023, validating the plans for 2024, but also choosing a new management […]
MOL Group has handed over a 10 megawatt capacity green hydrogen plant in Százhalombatta (Hungary) which is the largest in Central and Eastern Europe. The 22 million Euro investment makes fuel production more sustainable: the plant will reduce the Danube […]
Chimcomplex (CRC), the leading producer and supplier of vital chemical substances in the region, announces the approval of the “Precautionary and Accelerated Development Measures Plan” for the year 2024. This is a response to the unfavorable and unpredictable developments in […]
Greenvolt Next, the company of the Greenvolt Group specialized in Distributed Generation solutions, is committed to installing 110MW of renewable energy and aims at creating 100 jobs in Romania, in the next three years. The decision to enter Romania, the […]
Prysmian, one of the most important cable manufacturers in Romania and in Europe, has started construction of a new production line at the Slatina energy plant, following a 23-million-euro investment. The new production line represents a direct investment of […]