Renewables, the fourth biggest renewable energy producer in the world, with projects of renewable energy in Romania, announced on Wednesday that they implement a new operating model. As part of their business plan for 2021 – 2025, EDPR means to implement 20 GW new capacity, with supplementary capital investment of 19 billion euro and an organization of 3,000 employees. ‘This includes the extension of the market at global level, including through acquisition of Sunseap which will allow the group to extend its geographic presence on 26 markets. Similarly, the new operating model includes the growth of the share of the solar energy and other new technologies production, such as storage of energy and green hydrogen’ the company announces. The operating model will organise EDPR over three regions: Europe- Latin America, North America and Asia-Pacific, followed by integrated approach of the global functions as centres of excellence such as Acquisitions, Investments and Technical Engineering, where the company may put to value its global footprint to support its competitive advantage. Miguel Stilwell d’Andrade (CEO) and Rui Teixeira (CFO) will work with the people nominated as COO for the three regions, Duarte Bello, leader in Europe and Latin America, Pedro Vasconcelor, leader in the Asia-Pacific region, Sandhya Ganapathy, leader in North America, as well as together with Bautista Rodriguez, Chief Technical Officer (CTO) and in charge with the offshore business through JV Ocean Winds of EDPR. By means of the new organisational structure and the nominations in the management team, the company consolidates its basic regions to stimulate growth, and to strengthen its position as a leader on these markets. EDPR accelerated its growth in 2021 by adding 2.5 GW of new capacities over the first nine months, getting the installed aggregated capacity to 13 GW. EDP Renewables (Euronext: EDPR) is a world leader in the sector of energy from renewable sources and the fourth biggest producer of energy from renewable sources in the world. With definite development, shares of first class and operational capacity as a market leader, EDPR had an exceptional development over the last years and it is present on 26 international markets in Europe, Latin America, North America and Asia. EDP, the main shareholder of EDPR is a global energy company and a leader in adding value, innovation and sustainability. EDP was included in the Sustainability Index Dow Jones for a period of 14 years in a row and was recently acknowledged as being the most sustainable electrical utility in the world in the Dow Jones index.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
