The National Electricity Transmission Company Transelectrica will implement a development plan for the Electricity Transmission Network for the period 2024-2033, approved by the National Energy Regulatory Authority, worth 9.49 billion RON, over 2 billion RON more than the previous plan. […]
“Flexibility in lease agreements is a growing trend, with landlords offering shorter lease durations, options for expansion or contraction, and more adaptable terms. In 2024 we managed to secure for our clients customised lease structures to cater to their specific […]
The European Investment Bank (EIB) and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to 8 billion Euro to support wind energy manufacturers in Europe. The EIB will provide a 500 million Euro […]
Dr. Nawaf Salameh, Founder & Chairman of Nawaf Salameh Family Office, and General James L. Jones, a former Supreme Allied Commander of NATO, will sign the partnership agreement in Washington D.C., on the 21st of January, following the inauguration of […]
Geopolitical rivalries, alliances, and aspirations are rewiring the global economy—and will continue to do so in the years ahead, accelerated by the imposition of tariffs by the US on imports. Without a broad increase in tariffs, world trade in goods […]
CEC Bank, the third largest bank in Romania, has selected Temenos to modernize its retail and corporate core banking systems. The state-owned bank is migrating from legacy systems to Temenos’ core banking platform including solutions for payments and data analytics. […]
The management of Simtel Team announces the opening of a new subsidiary in Essen, Germany. This initiative marks a strategic step in the Group’s international expansion, which began with the opening of a subsidiary in the Republic of Moldova in […]
FAN Courier, the leader of the Romanian courier market, ended 2024 with a turnover of 1.38 billion lei (approximately 280 million euros), up 12.5 percent compared to the previous year. Last year, FAN Courier opened new international offices, expanded and […]
Fuel distributor JT Grup Oil strengthens its position on the local market, in response to the growing demand for fuel storage and distribution capacities. The company has expanded its logistics capacity by another 4,000 tons, following an investment of approximately […]
The Minister of Energy, Sebastian Burduja, signed the financing contract worth almost 280 million RON for the modernization of the district heating network in the Municipality of Arad, through the Modernization Fund. Sebastian Burduja, Minister of Energy: “The signing of […]
