Hidroelectrica signed contracts with the consortium formed by Hidroserv and UCMH for the modernization of the Vaduri, Remeți and Arcești hydroelectric plants. At the Vaduri Hydroelectric Power Plant, the works undertaken involve the modernization of hydro aggregate number 2 (HA2), […]
Less than a month after the signing of the non-reimbursable financing contract through the Modernization Fund, the company Rețele Electrice Muntenia launches, through the public procurement information system, the procedure for the acquisition of works worth 58.4 million RON for […]
MET Group inaugurated its second solar power plant in the Eastern Hungarian town of Kaba. The ‘MET Kaba II Solar Park’ site covers an area of 31 hectares in which more than 33,000 solar panels were installed. The photovoltaic project […]
Chimcomplex, Romania’s chemical industry leader, has recently submitted a bid to take over the heating service concession in Iași as part of a large-scale industrial development project named Iași Biochemistry Plant. This project, currently in its preliminary study phase, involves […]
Rețele Electrice Banat will modernize the electricity distribution infrastructure in several neighbourhoods in the municipality of Arad, the modernization works to be awarded through a public tender. The company Rețele Electrice Muntenia, part of the PPC Group in Romania, has […]
Oil Terminal announced a partnership agreement with Euronova Energies regarding the construction of a bitumen terminal in the port depot. The main elements of the agreement are: – Partnership Agreement, according to which Oil Terminal will be the owner and […]
Finas Group, a Cluj-based company operating in the renewable energy sector in Romania, and DRI, the EU renewable arm of DTEK Group, the largest private energy investor in Ukraine, announce a new stage in their strategic partnership. The two companies […]
The European Bank for Reconstruction and Development (EBRD), in tandem with private equity fund managers CEECAT Capital and Morphosis Capital, is supporting the expansion of Romanian food retailer La Cocos. The EBRD’s €10 million equity investment, plus that of its […]
PENNY Romania announces the start of work on the newest warehouse in the country, located in Mihăilești, Giurgiu County. With an investment of 35 million euros, this will be the fifth PENNY warehouse in Romania, after those in Ștefănestii de […]
Distribution company Delgaz Grid, part of the E.ON group, will install, in the next five years, about one million smart meters at its customers in Moldova, which means that, together with the lots of smart meters already installed, 85 percent […]
