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 […]
European Commission has opened formal proceedings against TikTok for a suspected breach of the Digital Services Act (DSA) in relation to TikTok’s obligation to properly assess and mitigate systemic risks linked to election integrity, notably in the context of the recent Romanian […]
The Simply by Auchan convenience store network reaches the threshold of 10 units opened in the first six months of its launch, with the most recent stores being inaugurated in Pitești and Buzău. The 10 convenience stores operate in both […]
Carrefour Romania reaches 178 Express units nationwide in 2024, by opening 16 integrated stores and six franchise stores. The entire proximity network is served by 144 integrated stores (including stores acquired following the acquisition of Romania Hypermarche), and 34 franchise […]
The evaluation of the financial offers submitted by participants in the first Contracts for Difference (CFD) auction has been completed, the Ministry of Energy announces, specifying that contracts for over 1500MW of new green energy production capacities have been awarded. […]
MVM and E.ON have reached an agreement for the sale and purchase of E.ON’s energy retail and customer solutions business in Romania. Under the agreement, MVM will purchase E.ON’s 68% share in E.ON Energie Romania and its 98% share in […]
