The operator Distributie Oltenia announced on Monday that they started the project Advanced Distribution Management System, for the development of a smart network of distribution, for the benefit of the ove 1.4 million electricity users and the value of the project is 76 million lei, out of European Funds. ‘The strategic project is an advanced system of distribution management, a software platform which ensures the control and management of the distribution process as wel as its optimisation’ the company says. An ADMS system (Advanced Distribution Management System)is made up, in short, of four main elements: the SCADA which implies data acquisition in real time for the control of the distribution network. This is translated into the rapidity of the operator to react to unforeseen events. The DMS part, for the analysis and optimization of the network. This means the operator will be able to offer energy at the quality and quantity required, by observing the parameters in real time. The OMS for the management of breaks in the energy supply. The ADMS will reduce significantly the time for intervention for fixing the problems in supply with electricity. The reporting part, for analysis and data measurement connected to the functioning of the network. The new system offers advanced control means, allowing the rapid diagnosis and solutioning of the events which could influence the quality of energy distribution. The system involves, at the same time, a set of functions for the optimisation of the distribution network performance and it will function as a modern tool in the monitorisation and efficient control of the electricity distribution system, by improving the safety, the fiability, the quality of the services, response to emergency situations, accuracy of the network analysis, engine speed calculations and technological consumption.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
