The value of last year’s projects adds to the 3.24 billion lei of investments made by E-Distribuţie Banat from privatization (2006) until 2019 Last year, the company developed the distribution infrastructure with almost 250 kilometers of new and modernized network, on low and medium voltage lines. In Timiș, the company...
The post E-distribuție Banat invested 127 million lei in 2020 for grid modernization, to the benefit of over 916,000 consumers appeared first on Nine O' Clock.
Private equity firm Enterprise Investors (EI), one of the largest in the CSEE region, is actively pursuing investment opportunities on the local market, which has attractive growth prospects, the firm’s representatives have said. The firm is eyeing investment opportunities in businesses offering platforms for expansion within the region and beyond, in consumption-driven and export-driven companies, […]
Premier Energy (PE), one of the biggest energy groups in Romania, successfully closed its initial public offering (IPO) on the Bucharest Stock Exchange (BVB) on May 15, 2024. The company and IPO consortium set a final price of RON 19.5 per share, towards the lower end of the pricing interval (RON 19-21.5). This price implies a […]
Raiffeisen Bank Romania supports Dăruiește Viață with 1 million euro to start the construction of the medical campus at Marie Curie so that all patients treated at this hospital in Bucharest can benefit from the same treatment conditions at the best standards. ”We believe in change and impactful action, which is why year after year […]
The net result was RON 78.12 million on March 31, 2024, representing 81% of the budgeted level for the entirety of 2024. The total value of assets under management was RON 3.2 billion, an increase of 32.1% compared to March 31, 2023. The net asset value was RON 2.88 billion, an increase of 32.3% compared […]
The Praid Salt Mine, in central Romania, is temporarily halting both its extraction and visitation activities due to water infiltrating into the underground from a nearby stream, following recent heavy rainfall. This decision aims to protect and ensure the safety of staff and visitors until the situation caused by the recent infiltrations is resolved, the […]
Several sites in Romania have been added to the country's tentative list for UNESCO World Heritage, culture minister Raluca Turcan announced. The list includes the Peleș and Pelișor castles in Sinaia, former communist prisons, the Three Holy Hierarchs church in Iaşi and the Assumption of Virgin Mary cathedral at Curtea de Argeş, and the Movile […]
