OMV Petrom kicks off solar/storage large scale project in Bulgaria
OMV Petrom, an integrated energy producer in Southeast Europe, has made the final investment decision for Gabare, an integrated solar energy and battery storage project in Bulgaria.
OMV Petrom, an integrated energy producer in Southeast Europe, has made the final investment decision for Gabare, an integrated solar energy and battery storage project in Bulgaria.
Enery, an independent renewable power producer in Central and Eastern Europe (CEE), has reached financial close on a €460 million syndicated green project financing with a consortium of seven banking groups.
Enery has started construction of the Ogrezeni hybrid renewable energy project in Giurgiu County, Romania.
Oil major OMV Petrom has announced the completion of its acquisition of a 50% stake in the Gabare photovoltaic project, which is being developed by Enery in Bulgaria.
The team of lawyers has advised throughout the entire process, including on aspects regarding financial structuring, regulatory and due diligence.
According to Nokian Tyres, its new passenger car tire factory in Oradea will be the world's first full-scale tire factory with zero CO2 emissions.
Nokian Tyres new passenger car tire factory in Oradea, Romania will operate entirely without fossil fuels

AI is creating two distinct directions in the global labour market, according to PwC research, based on an analysis of over one billion job listings across six continents.
PPC Energie, an integrated energy provider, has added an Operation and Maintenance (O&M) service for energy storage systems (BESS) to its portfolio of solutions for companies.
FintechOS, the financial technology company founded in Romania that provides AI-based digitalisation solutions for banks and insurers, has reached profitability on the back of a 40% rise in recurring revenue at the end of Q1, company representatives said.
In 2026, production sites in Romania are turning to power studies to understand how energy is consumed and distributed within their own installations, at the level of equipment and production lines.
The European Bank for Reconstruction and Development (EBRD) is providing a loan of RON 300 million (€57 million equivalent) to Delgaz Grid, an electricity and gas distribution company operating in Romania, to support energy security.