Deloitte Romania assisted AQUILA, one of the leaders in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in its expansion on the Hungarian market through the acquisition of KITAX, one of […]
Opinion by Energy Policy Group (EPG) experts Nadia Maki and Radu Dudău Romania adopted Government Decision No. 318/2024 in April 2024, introducing a Contracts for Difference (CfD) scheme to support low-carbon emissions technologies. Throughout the summer of 2024, ANRE set […]
Real estate developer Nusco has signed a partnership agreement through which Hyatt will open its first hotel unit in Bucharest, in one of the largest urban regeneration projects in Romania – Nusco City. The Hyatt operator is entering the Bucharest […]
After the first 9 months of 2024, Allianz-Tiriac Asigurari reached a sales volume of 2.7 billion RON, up 6 percent compared to the same period last year. Total gross claims expense increased by 30 percent and approached 2 billion RON […]
TeraPlast Group continues its geographical expansion in Europe and acquires the assets for PVC and PE pipes production held by Wavin Hungary (Orbia’s Building and Infrastructure business). The acquisition will be made by Polytech Kft, a subsidiary of TeraPlast. The […]
Nuclearelectrica and the international consortium Candu Energy Inc, Ansaldo Nucleare, Canadian Commercial Corporation and Korea Hydro & Nuclear Power Co signed the Engineering, Procurement and Construction (EPC) contract for the advancement of Cernavoda NPP Unit 1 refurbishment on December 19, […]
Banca Transilvania’s shareholders approved BT’s merger with OTP Bank Romania at today’s Extraordinary General Meeting of Shareholders. The integration of OTP Bank Romania into Banca Transilvania started in August 2024 and ends on February 28, 2025, through the merger of […]
“I believe that the Tarniţa-Lăpusteşti project should be declared of national importance, but until a feasibility study is done we have nothing, just an idea or old studies,” said Energy Minister Sebastian Burduja in a press conference on Tuesday. “At […]
Brico Dépôt Romania announces that it will transition to new ownership under Altex Romania. Kingfisher has announced the sale of its Brico Dépôt Romania business to Altex Romania for an enterprise value of 70 million euros. The transaction includes Brico […]
The European Investment Bank (EIB) is lending Distributie Energie Electrica Romania (DEER), the distribution operator within the Electrica Group, 200 million euros to upgrade its electricity distribution network covering 40 percent of Romania and serving approximately 4 million households and […]
