Electrica Group recorded in the first nine months of this year a net profit of 302.4 million RON, down by more than 38 percent compared to the value of 490.5 million RON recorded in the same period of 2023. According […]
AUSTRIACARD HOLDINGS AG (ACAG) strategy of expansion in new markets and technology services drives a strong operating performance in 9M24. Q3 2024 Group Adj. Revenues increased by 29.6% and as such improving the 9M 2024 comparable growth vs 9M 2023 […]
EnergoNuclear, a Nuclearelectrica fully owned subsidiary, and FCSA Joint Venture comprised of Fluor B.V., Fluor Energy Transition Inc. Wilmington Bucharest Branch, Candu Energy Inc., Ansaldo Nucleare S.p.A., S&L Engineers, Ltd. and Sargent & Lundy Energie S.R.L signed the Engineering, Procurement […]
Delgaz Grid has developed a new application that helps users of the distribution system (customers and suppliers) to efficiently manage their electricity consumption, having much faster and easier access to various energy measurement information and reports. This functionality covers over […]
Sphera Franchise Group, the largest group in the food service industry in Romania, ended the first nine months of 2024 with record sales of over 1.14 billion RON, 6.4 percent higher than the same period last year. The normalized net […]
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 […]
