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
Tetra Pak and Mega Image, together with partners Maspex, Tomra and Brai Cata, have expanded Europe's first pilot project for collecting carton packaging for beverages and dairy products by installing 12 additional reverse vending machines (RVMs) in Bucharest and surrounding areas.
Romanian restaurant operator City Grill Group has announced a €7 million investment in a new production facility for its ready meals range in Buftea, Ilfov County.
Rețele Electrice Romania, part of the PPC group in Romania, has completed modernisation works for the Obor Station, one of the most complex electricity distribution stations in Bucharest.
AI has become increasingly embedded in employees' day-to-day work over the past year. More than 48% of employees see AI as a tool that simplifies their work; however, many remain concerned about the broader implications of its growing integration, according to a survey conducted by Genesis Property early this year, on a sample of 1,146 employees.
Romania continues to record the highest rate of road traffic fatalities in the European Union, according to the latest figures released by Eurostat.