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
Romania is entering a new stage, with its multiannual economic recovery programme launching in 2026, carrying an estimated budget of around €5 billion through 2032 and a dedicated framework for anchor-type strategic investments above €200 million, according to experts at EY Romania.
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.
The gap between European and Romanian agricultural economic pressures widened in Q1 2026.
More frequent heatwaves, rising energy costs and concerns about indoor air quality are changing the way Romanians choose climate control solutions.
Romania's annual inflation rate climbed to 10.85% in May from 10.71% in April, driven by rising costs across all sectors, according to data released by the National Institute of Statistics (INS).