In the context of the transition to a green and sustainable economy, Romania will receive 2.14 billion euros from the Just Transition Fund (JTF) to support coal-dependent regions in their efforts to phase out this fossil fuel and adopt sources […]
With regard to the Tarnița-Lăpuștești pumped storage hydropower plant project, the Energy Participation Administration Society – SAPE SA makes the following clarifications: Currently, the Commission for evaluating the offers submitted for the “Feasibility Study and Technical-Economic Documentation related to the […]
The past few years have been challenging in many ways, which remains evident at all levels of society. From an economic perspective, we have undergone significant transformations, navigated multiple risks, and realized certain benefits, albeit not to the degree we […]
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, announces the opening of its new cutting-edge aluminum processing facility, Cutsmart Systems, following a RON 13.7 million investment. This new facility will focus on precision […]
EVOLOR, one of the largest players in the Romanian varnish and paint production industry, inaugurates a new factory on the Oltchim Râmnicu Vâlcea industrial platform, following an investment of 3 million euros. The new facility, located on the site of […]
Green Genius, a renewable energy developer and independent power producer owned by Modus Group, is to receive an equity investment of up to 100 million euros from the European Bank for Reconstruction and Development (EBRD). This investment will fund Green […]
Grup Șerban Holding, one of the leaders of the agri-food industry in Romania, is investing 62.5 million euros, in the next four years, through two major projects approved for financing by the Rural Investment Financing Agency (AFIR). The projects are […]
Transelectrica has signed, at the headquarters of the Ministry of Energy, the 11th financing contract from the Modernization Fund, namely, to implement the investing objective “Pilot Project DigiTEL Power Lines of the Future – Switching the 400 kV Isaccea – […]
Homing Properties, the real estate developer specialized in the medium and upper residential segment, invests 35 million euros in the construction of a residential complex of luxury villas in the northern area of Bucharest. The project will be developed on […]
Fabrica de Lapte Brașov, the company behind the Olympus brand and one of the largest dairy producers in Romania, announces the inauguration of a new logistics center in Hălchiu, Brașov County. This project, backed by an investment exceeding 40 million […]
