Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group, has signed a 10-year virtual power purchase agreement (VPPA) with Rezolv Energy, the Actis-backed independent power producer.
Actis-backed Rezolv Energy, through its project subsidiary First Look Solutions, has secured incremental project finance facilities of up to €331 million.
The renewable energy generated, which could power around 73,000 households annually, will help avoid almost 63,000 tonnes of CO2 emissions.
Expected to begin operating commercially by the end of 2025, the first phase of VIFOR Wind Farm will supply clean electricity to approximately 108,000 households.
T-Mobile Czech Republic, Slovak Telekom and CE Colo Czech Republic, all part of the Deutsche Telekom Group, have signed cross-border virtual Power Purchase Agreements (VPPAs) with Rezolv Energy.
S&P Global Ratings has reconfirmed Romania's sovereign debt rating at BBB-/A-3 for long-term and short-term debt on 3 April 2026, while maintaining the negative outlook.
Romania's Ministry of Finance has announced the April 2026 edition of Fidelis government bonds, offering tax-free interest rates of up to 7.6% for lei-denominated issues and up to 6.4% for euro-denominated bonds. The subscription period runs from 14-21 April 2026.
As Easter approaches, Romanians are preparing their shopping lists for gifts, food and household items. While people may make impulse purchases during this period, they show more restraint compared to winter holidays or Black Friday sales, according to the Financial Seasons Barometer conducted by CFA Romania Association with support from UniCredit Bank.
CITR, the judicial administrator of Șantierul Naval din Mangalia, announced that the creditors' assembly has rejected the proposed reorganisation plan for the company.
Auchan Romania is consolidating its transition to green energy, accelerating the integration of renewable sources in its operations.