Greenvolt Group, a leading international operator in the renewable energy market through multiple technologies, enters the Romanian market in the Distributed Generation segment.
Prysmian Romania has commenced construction of a new production line at the Slatina energy plant, following a €23 million investment.
Aquila has budgeted investments of €16.9 million for means of transport and warehouse equipment, in line with its sustainability objectives.
PickTwo Architecture Studio has embarked on its second venture in Zanzibar, focusing on the design and development of a luxury residential complex.
Ana Hotels announces the reopening of the emblematic "Europa" hotel in Eforie Nord, after the completion of a complex modernization process.
The new production unit will be located near Bucharest and will be inaugurated this autumn.
The modernization of the North Power Station involved the complete consolidation of the building and the replacement of electro energetic equipment.
Norofert announces the start of a production line for inputs and an investment of €250,000 in one of the most important agricultural area in the USA
The works will consist in making loops on medium voltage lines, supplied from the 110/20/10 kV Fratelia and Cetate transformer stations in the Timișoara area.
The fund's strategy is in line with the Green Deal focusing on climate and environmental impact.
Investments include the completion of a new bottling and storage facility, as well as the expansion of the distribution network, key strategic elements in the upcoming period.
The Romanian investment market recorded transactions of around €476 million last year, down by more than half over 2022's cycle high of €1.25 billion.
Libris, an online bookstore in the Romanian market, closed 2023 with a turnover of RON 80 million, representing a 20% increase compared to 2022.
The retailer Flanco announced the acquisition of its first two real estate projects for new greenfield stores. They are located in commercial areas of Botoșani and Brașov and were purchased in the last six months.
Price caps on electricity and natural gas will remain in place under the same conditions as at present, from the start of April to the end of June 2025 for electricity.
While there's significant interest in battery storage systems among Romanian prosumers, cost remains a major obstacle.
Romanian engineering firm Simtel Team has announced the signing of a significant power purchase agreement (PPA).
The European Patent Office (EPO) received nearly 200,000 patent applications last year, according to the Patent Index 2024, with computer technology leading the way for the first time.
The European Commission (EC) has determined that Romania's €200 million (RON 1 billion) recapitalisation of CEC Bank.