METRO Romania announces the appointment of Karan Khurana as the company’s CEO, effective as of the month of August 2024. With over 25 years of experience in international trade, Karan Khurana succeeds Adrian Ariciu, promoted to Executive Vice-President for Eastern Europe […]
Romania and Serbia signed today the Memorandum of Understanding regarding the gas interconnector construction project, in an event attended by the Minister of Energy Sebastian Burduja and the Minister of Mines and Energy of Serbia, Dubravka Đedović Handanović. The investment […]
The European Bank for Reconstruction and Development (EBRD), together with Eiffel Investment Group, will provide 24.4 million euros funding to INVL Renewable Energy Fund I, a fund investing in renewable energy projects, of INVL Asset Management, a leading alternative asset […]
iO Partners has successfully provided development management services for a 126MW solar farm in Văcărești, Dâmbovița County. The high-capacity project has started being developed for the local investors in 2021 and was recently acquired by the renewable energy company DRI, […]
Real estate developer STC Partners has finalised the acquisition of land on Ferdinand Boulevard in the Foișorul de Foc area in Bucharest and announced the launch of the Quartier Ferdinand residential compound, a project with an estimated investment of almost […]
The Ministry of Energy and the companies Rețele Electrice Muntenia, Rețele Electrice Banat and Rețele Electrice Dobrogea (part of the PPC Group in Romania) have signed three new non-reimbursable financing contracts through the Modernization Fund, for projects targeting the electricity […]
Distribuție Energie Electrică Romania – DEER signed five new financing contracts through the Modernization Fund, with a total value of almost 1 billion RON. These new non-refundable financing contracts will support the realization, at an accelerated pace, of some necessary […]
Distribution company Delgaz Grid, part of the E.ON group in Romania, signed four new financing contracts, totaling approximately 932 million RON, for projects to modernize and develop the distribution system of electricity in the Moldova area where the company operates […]
BCR achieved a net profit of RON 1,314 million (EUR 264 million) in H1 2024, up by 18.3 percent against RON 1,111 million (EUR 225 million) in H1 2023, driven by improved operating result underpinned by advance in customer business. […]
VGP, a European provider of logistics spaces and semi-industrial real estate, has started the construction works to expand building B at VGP Park Brașov. This phase will add an additional 13,813 sqm to the existing 20,920 sqm already leased, thus […]
