Nofar Energy, one of the most dynamic renewable energy investors in Romania, has signed an EPC turnkey and O&M contract for a 265 MW photovoltaic power plant in Corbii Mari, Dambovita County. The Contractor and Operator is a consortium of companies that are part of Spain-based COX Energy and Romanian-based AJ Construction, part of AJ BRAND. A multijurisdictional team of Clifford Chance lawyers coordinated by the Bucharest office advised Nofar Energy on this deal. The team of Clifford Chance lawyers including Lavinia Dinoci (Counsel), Diana Borcean and Nicolae Grasu (Senior Associates) from the Bucharest office, and Marcin Markowski (Counsel) and Kinga Grzelczak (Associate) from the Warsaw office advised Nofar throughout the entire process, including the negotiation and drafting of contractual documents. The Nofar Energy project team included Favi Stelian (CEO Nofar Energy Romania), Roxana Gherghe (CFO), Alex Greenberg (Senior Legal Counsel), Elad Michaeli (VP Global Operations), and Sapir Naaman (Project Manager at Nofar Group).
In September 2025, the average rent for a one-bedroom apartment in Bucharest reached EUR 494, up 10.7% y/y, according to data compiled by Ziarul Financiar in partnership with the real estate consultancy firm SVN. The highest rents are in Unirii-Victoriei area, with an average of EUR 581, while the lowest...
Romanian president Nicușor Dan said he does not yet have “a clear picture” of the events that led to the cancellation of last November’s presidential elections, but confirmed ongoing investigations and pointed to Russia’s role in hybrid warfare across Europe,
Recommerce©, the leading European player in trade-in, refurbishment and resale of consumer electronics, and Xiaomi, a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an Internet of Things ("IoT") platform at its core, announce a strategic partnership for the deployment of integrated trade-in programs across Europe and enhance consumer’s purchasing […]
Romania's president Nicușor Dan reiterated that he was dissatisfied with the work of the head prosecutor and the head of the National Anticorruption Directorate (DNA), saying that these prosecutors' offices have "a problem of management," particularly in regard to the resources allocated for "dossiers that are highly important for society." President Dan has constantly criticised […]
Romania's state-controlled company Transgaz has required the environmental permit to build a connection between the pipeline that brings Black Sea offshore gas to the national grid and the BRUA pipeline (Tuzl-Podisor), and the pipeline that connects the southern part of the continent (Greece-Bulgaria) with Ukraine and the Republic of Moldova (pipelines T2 and T3),
Expansion of the portfolio with low, medium and high voltage electricity services, complementing existing solutions in water, sewage, gas and thermal energy. Alignment with the objectives of the Veolia Group’s “GreenUp” strategic program by diversifying decarbonization solutions, such as solar electricity generation and battery storage systems. Enhancing the capacity for implementation and the...
