Energy | 21 March, 2025 at 7:00 PM
Rețele Electrice Romania launches tender for network investments
Rețele Electrice Romania, part of the PPC Group, has initiated a tender on the SEAP electronic public procurement platform.
Rețele Electrice Romania, part of the PPC Group, has initiated a tender on the SEAP electronic public procurement platform.
The company is also launching the new Rețele Electrice Romania website, www.reteleelectrice.ro, with a series of new features.
The transaction adds to a record portfolio of nearly 5 GW of renewable energy projects advised in 2024, across various areas.
Clifford Chance Badea advised PPC Group throughout the entire transaction, providing support on aspects of due diligence.
The electric mobility company within the PPC group of companies in Romania adopts a new brand identity – PPC blue.
Private equity fund MidEuropa has agreed to sell private healthcare chain Regina Maria to Mehiläinen Group, the largest private healthcare provider in Finland backed by investment fund CVC.
Romania's insurance market saw a total volume of gross written premiums of RON 23.4 billion (€4.7 billion) during 2024, up 11% compared to the previous year, according to a report by the Financial Supervisory Authority (ASF).
Romania's informal economy represents about one eighth of its GDP, according to an EY report.
Low-cost airline Wizz Air has opened a new base at Bucharest Băneasa Airport, offering flights to seven destinations including Naples, London, and Budapest.
Public food service company Sphera Franchise Group has earmarked approximately RON 100 million (around €20 million) for investments in 2025.