The Ministry of Energy will allocate another 150 million euros for electricity storage batteries, as shown by a call for projects launched in public consultation. The general objective pursued by this call is to support investments in the development of […]
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 […]
GLGH Steel, LLC has agreed to purchase Artrom Steel Tubes S.A., the Romanian seamless steel tubes producer based in Slatina and Resita. GLGH Steel is a subsidiary of Great Lakes Global Holdings (GLGH), the investment company based in Chicago, Illinois. […]
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 […]
Ebury, the global financial technology firm that empowers small- and medium-sized businesses to trade and grow internationally, announces it has entered into an agreement to acquire ArcaPay, a Lithuania-based specialist provider of B2B cross-border payment solutions. The acquisition of ArcaPay, […]
Wolt has completed the acquisition of Tazz, a leading local commerce platform in Romania, from eMAG. The acquisition marks Wolt’s entry into the Romanian market. “Romania is a large and vibrant market, and Tazz has built an impressive platform with […]
Transelectrica has completed the investment regarding the implementation of a metering and management system for electricity measurement data on the wholesale market to optimize the metering activity and align with the new requirements of the Electricity Measurement Code, the first […]
Visual Fan, through its division specialized in renewable energy solutions, Allview Solar Energy, has completed the implementation of four major photovoltaic projects for Autoliv Romania. These full EPC projects were carried out for Autoliv divisions located in Brasov, Sfantu Gheorghe, […]
Premier Energy announces that its Navitas subsidiary in the Republic of Moldova has successfully completed the development and construction of a 10 MW photovoltaic power plant near the town of Cismichioi in Moldova at a total cost of approximately 380,000 […]
