The regulatory Committee of ANRE decided at Wednesday’s meeting to grant authorization to set up new energy capacities of 167 MW, according to a press release.It is about the authorization for setting up the new energy capacity Thermo electrical unit in Cogeneration Midia Navodari, with installed power 77.8 MW and maximally debited of 16.3 MW, offered to the company Rompetrol Energy SA with validity of 26 months, and authorization for setting up the new energy capacity Photovoltaic electricity unit (CEF) Oradea with installed power 90.035 MW and maximally debited of 86.565 MW to the company Eco Sun Oradea with validity of 15 months.All authorisations for setting up will lead to the putting into force of the energy capacities, and contribute to the increase of the electricity installed in the National Energy System.ANRE continues to analyse the capacities of production of electricity and published, regularly, on their own internet site, detailed reports regarding the updated situation of installed power.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
