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 […]
NEPI Rockcastle announces it has started the permitting process for the development of Galati Retail Park, a mixed-use scheme in Galati, which includes 40,900 sqm of retail and 21,500 sqm of residential units. The expected date for obtaining the building […]
Romanians are being more cautious with their Christmas spending this year, preparing fewer or lower-value gifts to place under the tree, amid end-of-year uncertainties. According to a national survey conducted by tbi bank on a sample of 1,171 respondents, 6 […]
Consumption levels reached an all-time high in 2024, with the retail market showing significant potential for further growth if current trends persist, according to Colliers experts in their analysis of the sector. Eurostat data reveals a 13 percent year-on-year increase […]
The Ministry of Energy signed 55 financing contracts related to the call financed by the Modernization Fund, Key Program 1: Renewable energy sources and energy storage – Supporting investments in new electricity production capacities produced from renewable sources for self-consumption […]
Bosch is selling its Building Technologies division’s product business for security and communications technology to the European investment firm Triton. The transaction encompasses three business units – Video, Access and Intrusion, and Communication – and thus the entire product business […]
Rețele Electrice România has launched a 23 million lei public tender through the SEAP platform, aiming to acquire remote control peripheral units for medium and low voltage networks, in order to maintain the energy infrastructure at modern standards. “The new […]
Delgaz Grid has completed an investment of over 56 million RON for smart metering for customers in Iași. Over 10,000 smart meters have been installed by the company. The distribution network has been modernized by replacing approximately 8.8 km of […]
Hidroelectrica signed a Memorandum of Collaboration with the Technical University of Civil Engineering of Bucharest, one of the most prestigious technical higher education institutions in Romania. The memorandum was signed by Karoly Borbely, CEO of Hidroelectrica, and Radu Sorin Văcăreanu, […]
