Traditionally, summer has always generated new, alternative spaces for showing films, and generally more diverse screenings: documentaries, fiction, hybrid, features, many shorts. We have already covered some for you
The Greek group PPC, which bought Enel Romania last year, completed the acquisition of the 84 MW wind farm owned by Lukoil in our country. PPC plans to commission 1,300 MW of renewable capacity in Romania in just three years. PPC announces that it has completed, through its subsidiary PPC PPC Renewables, and after fulfilling the usual preconditions for such transactions set out in the previously signed agreement, the acquisition from the European subsidiaries of the Lukoil Group, of a 100% stake in Land Power S.R.L. , which operates a wind farm in Romania with a total installed capacity of 84 MW, according to a company press release. The wind farm is located in the towns of Dorobantu and Topolog, Tulcea, in a region in Romania with the best wind conditions and generates more than 200 GWh of electricity per year. The transaction was carried out through a competitive process, with the participation of international companies, during which PPC Renewables was selected as the preferred bidder. Kommunalkredit Austria AG acted as exclusive financial advisor to the buyer and CMS Cameron McKenna Nabarro Olswang LLP SCP and Milbank LLP acted as counsel to PPC Renewables. The renewable energy production capacities of the PPC group, which took over Enel’s business in Romania last year, will reach a level of almost 2 GW in Romania, as a result of the increase in investments to unprecedented levels, according to the plan announced by PPC in month January.
Traditionally, summer has always generated new, alternative spaces for showing films, and generally more diverse screenings: documentaries, fiction, hybrid, features, many shorts. We have already covered some for you
Tarom, the state-owned Romanian airline, estimates that it will register a net profit of RON 278 million (EUR 55.9 million) in 2024, after losses of RON 99.4 million (EUR 20 million) in 2023, according to this year’s revenue and expenditure budget. The company has been losing money since 2007. The airline’s management states in the budget […]
Dacia and Ford produced 292,378 cars in Romania in the first six months of the year, an increase of 8.66% compared to the same period in 2023, when 269,088 units were produced, according to data published on Friday by ACAROM – the Romanian Automobile Manufacturers Association cited by Economedia. ...
Romanian prime minister Marcel Ciolacu met with Hungarian counterpart Viktor Orban on Friday, July 26. The main discussion topics were the Budapest–Bucharest high-speed train and Romania’s full accession to the Schengen Area. "Today I had a pragmatic discussion with the prime minister of Hungary, Mr. Viktor Orban, on topics of mutual interest regarding our bilateral […]
The Executive Directors of the World Bank Group have approved a Development Policy Loan for Romania amounting to EUR 599.1 million, with a dual focus on economic and environmental sustainability. The loan will allow Romania to make reforms aimed at strengthening the country's fiscal framework, promoting green and inclusive economic growth, and stimulating private-sector investment. […]
Savor chef-crafted masterpieces at live stations while enjoying the beats of our live DJ. For over 20 years, JW Marriott Bucharest Grand Hotel has been the top brunch spot in Bucharest. Every Sunday from 12:30 PM, JW Steakhouse offers a gourmet haven with an extensive menu featuring USDA beef, seafood, French cheese, Italian pasta, and […]