The project brings energy cost savings of more than €200 000 per year, and CO2 emissions will be reduced by 351 tons per year and radioactive waste by about 3.3 kg per year.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
Project will be co-financed from an EU program run by the Romanian Ministry of Energy.
The number of construction permits for residential buildings in Bucharest decreased with an annual rate of 4.2% in the first 9 months of 2024.
Energy and sustainability were pivotal topics of the event. Romania reaffirmed its ambition to achieve energy independence by 2030.
Romania has the seventh largest M&A transaction in Central and Eastern Europe in the first 9 months.The value of global transactions reached $1.6 trillion, up by 10%.