Electrica Furnizare announced on Monday that they start the construction project of an electrical photovoltaic power station for the furniture factory Lemet, the developer of the Lems chain stores, with installed power of 975.2 kWp and an average annual production of electricity estimated at 1,082 Mwh. The project started in Prahova county means the installation of photovoltaic modules, each with power of 530 Wp, on slanting roofs of three of the workhouses belonging to the furniture factory Lemet Campina, company which has turned 30 since setting up. At present, the project is under development, to be finalised at the beginning of 2022. With experience of over 120 years in the domain of energy, Electrica Furnizare entered in 2020 the market of electricity production from renewable sources, by the acquisition of the Stanesti Photovoltaic Park, Giurgiu county with a capacity of 7.5 MWp. At present, the company is developing a series of projects which involve delivery of personalized solutions, turnkey solutions for the production of green energy, joining the strategy of the Group Electrica which aims at contributing in the sustainable development of the business, in the context of the European Green Pact. Lemet Campina was set up in 1991 and this year they celebrate 30 years. Starting with 2005, the company localized in Brebu, Campina has developed the chain store Lems as brand of the furniture factory. The Lems retailer is the most extended chain of furniture stores in Romania. The factory Lemet produces annually approximately 150,000 furniture kits.
Two new investment funds active in Romania, Sparking Capital II and PCP SEE II, will receive allocations worth EUR 30 million under the National Recovery and Resilience Plan, or PNRR, after an approval from the Romanian executive and the European Investment Bank. The allocations are mediated by the European Investment Fund, a European financial institution, […]
The net revenues collected by Romania’s tax agency ANAF for the state budget increased by 12.2% in the first six months of 2025 compared to the same period last year, reaching RON 245.2 billion (EUR 49 billion), said outgoing ANAF president Nicoleta-Mioara Cîrciumaru. Nevertheless, the net revenues collected by ANAF are RON 3.8 billion (EUR […]
Romanians continue to place the most trust in the Army and the Church, while Parliament remains the least trusted institution, according to the second edition of the Informat.ro – INSCOP Research Barometer conducted between June 20–26. The monthly survey was commissioned by the news platform Informat.ro in partnership with the Strategic Thinking Group think tank. […]
Romania’s National Meteorological Administration, or ANM, issued on Thursday, July 3, an Orange Code warning for heatwave and heightened thermal discomfort, valid Friday and Saturday, July 4-5, in more than half the country, including Bucharest. The parts of Romania not covered by the Orange Code warning are under a Yellow Code for extremely hot weather. […]
Best Credit IFN announces the strategic partnership with the European crowdfunding platform Bondster, becoming the first Romanian non-banking financial institution (NBFI) to attract international capital through this platform. This initial round of financing marks a milestone in the company’s strategy to diversify its capital sources and rapidly scale its lending capacity in a dynamic market […]
Another 93 searches were carried out at public institutions and private residences on Thursday, July 3, in the case of illegally-obtained Romanian identity documents for citizens of former USSR countries. Earlier this week, Romanian police completed 206 searches in the same case. Prosecutors claim that between 2023–2024, over 1,700 individuals born in the Russian Federation, […]
