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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
