Fitch Ratings has revised the outlook on Electrica’s Long-Term Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at ‘BBB-‘. “The Outlook revision reflects improvements in Electrica’s funding structure, with a higher proportion of long-term funding than […]
“Unfortunately, there are few elements, at least at the reporting level, that indicate that truly circular economic activities are happening in Romania. We are still in a consumerist era in which we produce, consume and then throw away. Unfortunately, we […]
“The Ministry of Economy launched a state aid scheme for the circular economy in 2022, with a budget of 8 million euros. The funds were distributed to 47 applicants, we are now in the monitoring phase and 256 jobs have […]
“The Ministry of Environment, Water and Forests, through the National Recovery and Resilience Plan, on the waste component, has substantial funds to encourage the circular economy and the establishment of collection centers with voluntary contributions, digitalized ecological islands and recycling […]
The Government has approved a new state aid scheme dedicated to large industrial energy consumers – from key sectors such as metallurgy, chemistry, construction and other industries essential to the national economy. The measure applies from November 21, 2024, and […]
Auchan Romania continues to develop the franchise program launched in June 2024 and reaches 20 Simply by Auchan proximity stores. They operate in both urban and rural areas in seven counties, the most recent unit being opened in Bucharest. With […]
Electrica Group reported a net profit of 376.5 million RON for 2024, an increase of 42.1 percent compared to the approved budget for 2024, according to the financial report of the company. In a market context characterized by volatility and […]
The boarding school of the Tudor Vladimirescu Technological High School in Șimian commune, Mehedinți county, has entered into a comprehensive process of modernization and energy rehabilitation through the Romania Eficienta program, carried out by the Energy Policy Group (EPG) and […]
Sphera Franchise Group inaugurates the first unit in its portfolio equipped with photovoltaic panels, following an investment of approximately 1.2 million euros. The restaurant is a KFC Drive Thru, located in Galați, and marks the first opening in the Group’s […]
Hidroelectrica proposes distributing dividends of 4.04 billion RON, according to a press release sent by the company. The Hidroelectrica Group recorded a decrease in operational and financial results in 2024, compared to 2023, mainly influenced by less favorable hydrological conditions, […]
