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, […]
PPC announced its financial results for 2024 with adjusted EBITDA increasing to 1.8 billion Euro, recording an increase of 41 percent compared to 2023. Investments in Renewable Energy Sources (RES), flexible generation as well as in distribution and digitalization projects […]
One billion euros invested in the Romanian oil and gas sector, in the onshore upstream exploration and production segment, could add 5.8 billion euros to Romania’s gross domestic product (GDP) and bring a 3.1 billion euro increase in contributions to […]
Rețele Electrice România launched a public tender on the electronic public procurement platform SEAP, worth about 30 million RON (excluding VAT), for the modernization of the 110/20 kV Sânnicolau Mare primary station in Timiș County, with the aim of increasing […]
Secom Healthcare Group, a food supplement company and leader in integrative medicine solutions in Romania, recorded a turnover of 40.8 million euros in 2024, marking a 13 percent increase compared to the previous year. For 2025, the company announces investments […]
Dedeman, the largest DIY retailer in Romania, has recently acquired approximately 6 hectares of land near the Giurgiu customs, at the border with Bulgaria. The transaction, facilitated by real estate consultancy Colliers, is a strategic investment that allows Dedeman to […]
MedLife announces the authorization of the Board of Directors to increase the syndicated loan by up to 50 million Euro, thus reaching a total of 330 million Euro. The syndicate of banks that signed the credit limit increase is formed […]
Schneider Electric announced that it is planning to invest over 700 million USD in its US operations through 2027. The company’s investments support the country’s focus on bolstering the nation’s energy infrastructure to power AI growth, boost domestic manufacturing, and […]
Symmetrica, the leader of the local market for vibro-pressed pavers and curbs and the largest domestic manufacturer, has entered a straight line with the completion of its new factory in Bolintin Vale (Giurgiu County), the largest concrete paving and slab […]
The European Parliament’s Winter 2025 Eurobarometer survey, released today, highlights that 66% of EU citizens want the EU to take a more important role in protecting them against global crises and security risks. This view is particularly strong amongst younger […]
