PPC Group presented its updated targets in its Strategic Plan for the period 2025-2027, which includes investments of 10.1 billion euros in the three-year period, mainly in RES, networks, flexible generation, as well as new customer solutions in Greece and […]
Schneider Electric has significantly scaled the manufacturing and production capacity of its Barcelona prefabricated data center factory – increasing it from 7,000 sqm to 12,000 sqm in response to accelerated customer demand for prefabricated, high-compute workload data center solutions. Headquartered […]
VGP, a European provider of logistics and semi-industrial real estate, has leased a 4,580 sqm space to Rondocarton Romania at VGP Park Timișoara for storage operations. Rondocarton will conduct its storage operations in the newest building at VGP Park Timișoara, […]
Transelectrica announced the partial commissioning of the new 400 kV Reșita station, which will increase the interconnection capacity with the network in Serbia by up to 300 MW. “In the renovation project of the Reșița Station, the partial commissioning of […]
The first three quarters of 2024 saw positive developments in Romania’s industrial and logistics real estate sector. Total rental demand reached 520,000 square meters from January to September, marking an 8 percent decrease from the same period last year, according […]
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, announces today its consolidated financial results for the nine months ended 30 September 2024. The Group’s turnover increased by 13 percent (Q1-Q3 2024: RON 2.54 […]
In the 9-month period ending on September 30, 2024, Nuclearelectrica reported a net profit of 1.28 billion RON, down 35 percent year-on-year. Operating profit (EBITDA) decreased by 28.1% compared to the same period of the previous year, significantly influenced by the […]
Transelectrica recorded a net profit of 410 million RON, up 99 percent in the first nine months, according to the financial report submitted to the Bucharest Stock Exchange. The segment of activities with permitted profit registered a positive result in the […]
Cyber security is no longer an optional matter, it is already a necessity, even more so in the energy sector, and it must become a coherent, concrete public policy component, said the mayor of Cluj-Napoca, Emil Boc, at the Energy […]
The Ministry of Energy has undertaken the creation of the first Sectoral Cyber Security Incident Response Center – this CRISCE, as it will be called, will be born within the Ministry of Energy, will include specialists who will work in […]
