Property group NEPI Rockcastle has purchased a photovoltaic project in Arad County, Western Romania and plans to start its construction in early 2025.
To execute these projects, the two companies intend to utilize their own financial resources, bank financing, and European funds.
The capacity is part of the first hybrid photovoltaic-wind-battery project, installed at the existing operational 50 MW project.
Diehl Aviation, the German system supplier of aircraft system and cabin solutions, is set to broaden its global footprint by establishing a new production site in Romania.
Romanians are preparing to spend an average of RON 800 (€160) on food and preparations for Easter, reveals a recent study by Raiffeisen Bank, in collaboration with Appinio.
CEC Bank Financial Group recorded a net profit of RON 687.9 million (€138 million), with the bank itself recording a net profit of RON 668.2 million (€134 million).
Iulian Stanciu, the Executive President of eMag, the biggest e-commerce player in Romania, said that Europe has become the target of Chinese exports.
The European Bank for Reconstruction and Development (EBRD) has signed a synthetic securitisation deal with UniCredit Bank.