AKTOR, the constructor of the section, begins the drilling of the northern pair of tunnels, called Homorod, with a length of 5.1 km each, by starting the third tunnel boring machine (TBM) in place, in a location just 4 km […]
Electrica announces the signing of the agreement to access a non-refundable European financing in the amount of approximately 3.4 million euros through the National Recovery and Resilience Plan (PNRR). The funds will be used for the development of an electricity […]
“Every now and then it is good to reflect on what we are doing, based on society’s needs, people’s needs. But at the end of the day, acceptance is very important when we talk about adopting a new technology. C02 […]
British software services company Endava has renewed its lease for a further five years at the United Business Center building, part of the Iulius Mall Cluj development. The deal, brokered by real estate consultancy Colliers, covers 4,300 square meters of […]
PepsiCo, one of the leaders in the food and beverage industry, announces the appointment of Razvan Lungu as Chief Financial Officer (CFO) for the East Balkans region. Razvan Lungu has over 17 years of professional experience, with a career span […]
The total stock of industrial and logistics spaces in Romania could reach the 8 million sqm threshold at the end of 2025, if the recent annual development pace of 500,000 sqm is maintained. As of mid-year, over 7.125 million sqm […]
ROCA Industry, the industrial holding for construction materials majority-owned by private equity firm ROCA Investments, announces the full acquisition of Workshop Doors through the purchase of an additional 30 percent stake in the company’s share capital. The company entered ROCA […]
Environment Minister Mircea Fechet signed a financing contract through the National Recovery and Resilience Plan, through which 13 dams of the Romanian National Water Administration will be rehabilitated. The total value of the contract is over 1.18 billion RON (including […]
“It is very important to always take the recommendations and messages from companies and civil society. In addition to the aid schemes for the automotive industry, we must see how we can help this industry from the labour force perspective, […]
“The automotive industry is one of the industries that support both Romania’s GDP and our country’s exports. That is why this industry benefits from special attention from the Romanian Government and the European Commission. From my point of view, the […]
