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).
More than 680 houses in Suceava country and 170 houses in Neamţ county were impacted in the flash floods that hit northeastern Romania at the end of last week. Forty-one houses were completely destroyed, Raed Arafat, the head of the Department for Emergency Situations (DSU), announced on Friday, August 1. Three people were killed in […]
Romanian justice minister Radu Marinescu said on Thursday, July 31, that harsher penalties are being considered for violence against women and domestic violence, including the criminalization of femicide. The minister said that Romania currently has legislation that is fairly adequate, in line with European standards, for combating violence, including domestic violence. He also said that […]
Via Transilvanica, the long-distance trail that crosses the country, will apply to be the first accredited long-distance route in Romania after the government issued the methodological norms regulating the hiking trails of national interest. Tășuleasa Social, the non-profit that developed the trail, called the recently issued norms "a huge step that transforms a bold idea into...
Former prime minister and Social Democratic leader Marcel Ciolacu stated that he does not rule out a candidacy for the presidency of the Buzău County Council, after rumors to that end. PSD Buzău president Romeo Lungu had previously told journalists that discussions are underway for the former prime minister to run for the Buzău County […]
The Balneo-Physiotherapy Clinic in the Călimănești resort town, southern Romania, will undergo rehabilitation with a EUR 10 million financing from the European Union, according to representatives of the Vâlcea County Council. The project implementation period will be 24 months from the completion of the tender for the execution of the works, which include, in addition […]
Bringo, the first personal shopper-based rapid grocery delivery service in Romania, handling over 4,000 daily orders in more than 35 cities, launches a loyalty program that turns shopping into a continuous reward experience. "Beyond functional benefits like discounts, free delivery, or double refunds for SGR packaging collected right at your doorstep, Bringo YOU offers a […]
