Nofar Energy, one of the most dynamic renewable energy investors in Romania, has signed an EPC turnkey and O&M contract for a 265 MW photovoltaic power plant in Corbii Mari, Dambovita County. The Contractor and Operator is a consortium of companies that are part of Spain-based COX Energy and Romanian-based AJ Construction, part of AJ BRAND. A multijurisdictional team of Clifford Chance lawyers coordinated by the Bucharest office advised Nofar Energy on this deal. The team of Clifford Chance lawyers including Lavinia Dinoci (Counsel), Diana Borcean and Nicolae Grasu (Senior Associates) from the Bucharest office, and Marcin Markowski (Counsel) and Kinga Grzelczak (Associate) from the Warsaw office advised Nofar throughout the entire process, including the negotiation and drafting of contractual documents. The Nofar Energy project team included Favi Stelian (CEO Nofar Energy Romania), Roxana Gherghe (CFO), Alex Greenberg (Senior Legal Counsel), Elad Michaeli (VP Global Operations), and Sapir Naaman (Project Manager at Nofar Group).
The Patriarch of the Romanian Orthodox Church, Daniel, congratulated Pope Leo XIV for succeeding Pope Francis on Thursday, May 8. He expressed confidence that the new pope will continue to promote "the spirit of dialogue, peace, and cooperation between the Roman Catholic Church and the Orthodox Church." "In a world facing multiple spiritual, economic, and […]
The organizers of the Untold festival announced they will offer a RON 150 (EUR 30) voucher toward the purchase of a festival pass to anyone who votes on May 18, during the second round of the presidential elections. In an online message, Untold representatives emphasized the connection between civic participation and the future of every […]
The Open Streets program, which sees the city's major arteries close for car traffic and become pedestrian areas, returns this weekend with a program of exhibitions, concerts, and a Festival of Lights. On Saturday, May 10, at 2:00 p.m., the public is invited to the Made in Romania exhibition, which presents a selection of civilian […]
Joseph Stiglitz, the famous economist and professor at Columbia University in New York, and winner of the Nobel Prize in economy in 2001, told an audience in Cluj, Romania, that governments must stimulate exports and key sectors when facing deficits. Stiglitz was in Romania on Thursday, May 8, to receive the title of Doctor Honoris […]
The Constitutional Court unanimously validated on Friday, May 9, the results of the first round of the presidential elections. It also rejected as unfounded a request to annul the elections filed by Sebastian-Constantin Popescu, the presidential candidate of the New Romania Party, it announced. The runoff, set for May 18, will see ultranationalist leader George […]
Bucharest's culinary scene welcomes back OLEA, the JW Marriott Bucharest Grand Hotel's celebrated Mediterranean destination, now reimagined with a fresh concept that blends authentic coastal flavours with contemporary sophistication. Following an extensive transformation, OLEA reopens its doors to offer guests a refined journey through the Mediterranean's sun-drenched culinary traditions, right in the heart of Romania's […]
