Israeli renewables developer Nofar Energy Ltd (TLV:NOFR) has inked a EUR-76.6-million (USD 84.4m) agreement to buy solar panels from China’s LONGi Solar for projects in Romania, https://renewablesnow.com/ reads. The contract is for a power generating capacity of 576 MW. Longi will be responsible for the entire delivery process from the manufacturing to the arrival of the panels on-site, the Israeli firm said in a LinkedIn post. The deal includes taxes, import and export costs, insurance, international shipping, and the delivery of panels to the sites. Further details about the projects were not provided. In Romania, Nofar's portfolio includes a total of about 800 MW of renewable power assets, both already connected to the grid and under construction. At the beginning of 2023, Nofar unveiled a plan to build a portfolio of 1.5 GW of wind and solar schemes in Romania through 2023. Last month, the company, together with its partner Econergy Renewable Energy, inaugurated the 154-MW Ratesti solar park in Arges county, which was described as the largest photovoltaic (PV) complex in southeastern Europe.
ARTEX AG, a Liechtenstein-based company and sole shareholder of ARTEX MTF, a Lichtenstein-based regulated multilateral trading venue, has appointed Claudio Cisullo, Founder and Executive Chairman of the Swiss-based family office CC Trust Group AG, as non-executive Director, effective April 3rd, 2024. ARTEX AG was co-founded by H.S.H. Prince Wenceslas von Liechtenstein and Yassir Benjelloun-Touimi in […]
Prince Paul Phillippe of Romania, one of the country's notorious fugitives, was captured in Malta at a resort where he was on vacation. Paul of Romania has been on the run for nearly four years from the country, where he was sentenced to 3 years and 4 months in prison in the case regarding the […]
Hobița, the village of famous Romanian sculptor Constantin Brâncuși, is at the center of a new temporary exhibition at Art Safari in Bucharest, which opens on Wednesday, May 1, and will be on display until May 19. Art Safari also offers a family program during the Labor Day & Orthodox Easter mini-holiday, open daily from 12:00 […]
The first section of the Transapuseana, a road that crosses Romania's Apuseni Mountains, was recently inaugurated. The section consists of 43 kilometers of county road. The road (DJ 107I), initially known as the 'Transalpina of the Apuseni,' was later renamed Transapuseana. It is the largest investment on a county road in Romania, with a total […]
According to a report from Romania’s National Institute of Statistics, during the period 2020-2022, the proportion of Romanian companies that introduced new or improved products or business processes into the market was 8.8%, a decrease of 1.9% compared to 2018-2020. Business innovation refers to the wide range of activities that enterprises...
SD Worx, a leading European HR and payroll solutions provider, said that it completed the acquisition of Romanian Software SRL, the market leader in Romania for payroll and Human Capital Management (HCM) solutions. Romania thus becomes the 18th European country in which SD Worx has its own proprietary payroll & HR software. SD Worx announced […]
