The network in the area will be extended by more than 32 km for the medium-voltage segment and by another 8 km for the low-voltage segment .
The total value of the tender is almost RON 70 million, while the value of the project is RON 74 million, of which RON 57.7 million will be provided by the Modernization Fund.
The purchase of modern equipment will significantly contribute to increasing protection against overloads and short circuits.
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%.