Hidroelectrica completed, on Monday, the part of preparation and tests for hydro unit number 5 from the Iron Gates I /Portile de Fier I Hydroelectric Power Plant in southwestern Romania, on the Danube river, and put the technical objective back into operation, the company informs, through a press release.On February 1, 2024, at around 8:30 p.m., Portile de Fier Hydropower Plant was affected by a fire at the transformer related to the previously mentioned hydro unit. The quick reaction of the Hidroelectrica employees, as well as the efficiency of the firefighting teams allowed the fire to be extinguished in record time."We are pleased to announce that hydroelectric unit 5 at Portile de Fier has successfully passed all stages of testing, and today we have resumed the operation of this unit. The hydroelectric unit is currently operating at reduced power, but it is on a schedule of gradual increase of work intensity. This success would not have been possible without the commitment and constant effort of our team, who worked ceaselessly to restore normal operating conditions and availability. We are talking about difficult work and maximum responsibility, and I take this opportunity to thank especially to the management of the Portile de Fier branch and the Hidroserv specialists for their involvement and for the record time in which they put HA5 into operation," said Karoly Borbely, general manager of Hidroelectrica.Hidroelectrica is the largest producer of green energy in Romania and provides essential technological services for the National Energy System. The company, crucial for a strategic sector with national security implications, operates 187 plants with a hydropower capacity of 6.3 GW and, in addition, owns a wind farm in Crucea, southeastern Dobrogea, with an installed capacity of 108 MW.
Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]
CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]
By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]
The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]
Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]
AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]
