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.
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
