The National Electricity Transmission Company Transelectrica will implement a development plan for the Electricity Transmission Network for the period 2024-2033, approved by the National Energy Regulatory Authority, worth 9.49 billion RON, over 2 billion RON more than the previous plan. […]
Garanti BBVA Romania announces the financing of Peștera Wellness & Spa, a 5-star hotel located in Peștera-Padina Tourist Resort of National Interest, from the Bucegi Mountains, with a loan of EUR 5 million. Garanti BBVA supports Grupul Industrial Alca SRL, […]
The Ministry of Energy will allocate another 150 million euros for electricity storage batteries, as shown by a call for projects launched in public consultation. The general objective pursued by this call is to support investments in the development of […]
“Flexibility in lease agreements is a growing trend, with landlords offering shorter lease durations, options for expansion or contraction, and more adaptable terms. In 2024 we managed to secure for our clients customised lease structures to cater to their specific […]
The European Investment Bank (EIB) and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to 8 billion Euro to support wind energy manufacturers in Europe. The EIB will provide a 500 million Euro […]
Report by Energy Policy Group experts Alina Arsani, Mihnea Catuti and Radu Cirligeanu The energy sector of Romania is transitioning from an emission-intensive power generation towards less carbon-intensive methods of electricity production. Natural gas power plants, relying on gas turbines, […]
Dr. Nawaf Salameh, Founder & Chairman of Nawaf Salameh Family Office, and General James L. Jones, a former Supreme Allied Commander of NATO, will sign the partnership agreement in Washington D.C., on the 21st of January, following the inauguration of […]
Geopolitical rivalries, alliances, and aspirations are rewiring the global economy—and will continue to do so in the years ahead, accelerated by the imposition of tariffs by the US on imports. Without a broad increase in tariffs, world trade in goods […]
CEC Bank, the third largest bank in Romania, has selected Temenos to modernize its retail and corporate core banking systems. The state-owned bank is migrating from legacy systems to Temenos’ core banking platform including solutions for payments and data analytics. […]
The management of Simtel Team announces the opening of a new subsidiary in Essen, Germany. This initiative marks a strategic step in the Group’s international expansion, which began with the opening of a subsidiary in the Republic of Moldova in […]
