The Minister of Energy, Sebastian Burduja, signed 6 new contracts for the modernization of district heating networks in Ploiești, Cluj-Napoca, Oradea and the commune of Sânmartin, with a total value of over 870 million lei (175 million euros), through the […]
OVES Enterprise, a Romanian software development company specializing in complex software solutions and AI innovations for the aerospace, defense, and cybersecurity industries, announces a 3 million Euro budget for investments in 2025, supporting the company’s accelerated growth with a focus […]
Crevedia Retail Park, one of the largest strip malls in Romania – with a total leasable area of 11,400 sq m – has opened its doors, and developer REPACO Capital expects tens of thousands of visitors per month throughout 2025. […]
Năstase & Marica Sports Club lays another brick in the reconstruction of Romanian sports by launching the first Padel Academy in Romania – Padel One, which aims to bring this sport to the forefront of recreational and performance activities in […]
Distribution company Delgaz Grid expanded the natural gas distribution network in 10 localities in the counties of Iasi, Bacau, Arad and Sibiu (over 68 kilometers), following total investments of approximately 16.5 million RON. Of the total value of the projects, […]
Knauf Insulation has announced the start of production of glass mineral wool at its Târnăveni factory. The company, part of the Knauf Group, has invested over 140 million euros in the state-of-the-art production facility to transform the Târnăveni factory into […]
Distribution company Delgaz Grid completed the construction and put into operation, at the end of December 2024, a new transformer station, Onești Centru, through an investment of over 22.7 million RON, which will benefit over 31,000 customers in Onești municipality […]
OMV Petrom and Energy Policy Group (EPG) announce the completion of the modernization and energy rehabilitation works carried out under the Romania Eficienta program at the Technological High School in Vernești, Buzău County. The school’s workshop building was brought to […]
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. […]
Garanti BBVA Romania announces the financing of Peștera Wellness & Spa, a 5-star hotel located in Peștera-Padina Tourist Resort of National Interest, from the Bucegi Mountains, with a loan of EUR 5 million. Garanti BBVA supports Grupul Industrial Alca SRL, […]
