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.
Prime Batteries, the only local battery manufacturer and one of the few active in Europe, has established a joint venture with the South Korean company Top Material to produce active material, a key element in the production of batteries. The unit is in South Korea. Top Material is also a shareholder in Prime, with a […]
Franklin Templeton, the administrator of Fondul Proprietatea, has launched 16 Franklin Templeton Investment Funds (FTIF) on the iFonduri platform, expanding access to investment solutions for individual investors in Romania, according to Ziarul Financiar. The iFonduri platform, launched on Thursday, December...
Some companies in the BETPlus index are expected to deliver an average dividend yield of 3.6% in 2026, down from the 4.1% projected for a similar selection last year, according to an analysis by the TradeVille Analysis Department, Bursa.ro reported. The estimates are based...
The American company Critical Metals, which concluded an agreement with the Romanian state-owned company Nuclearelectrica for the partnership construction of a processing plant in Feldioara for the rare earths that the former extracts from Greenland, is actually controlled by the Romanian businessman Frank Timiș, who was, among other things, behind the Roșia Montană project, according […]
West Beton, part of West Group, produced and delivered, through its three production sites, more than 200,000 cubic meters of ready-mix concrete in 2025. Over 90% of total deliveries went to residential projects, including HILLS Nord, the third phase of Nusco City, and developments by companies such as Hagag or Pedro Construct. The rest of […]
The government has added four more companies to the list of the first 17 that entered the reform process and the analysis of the Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu. These are CNCAF Minvest, Romaero, CNMPN Remin, and Avioane Craiova, companies from the portfolio […]
