* The first tender calls were published in the Greek and international press. ELICA MEDITERRANEAN ELECTRICAL INTERCONNECTION S.M. S.A., a member of Copelouzos Group, which is developing the GREGY electrical interconnection project, has published the first two calls for expression of interest for the final studies of the project. The first two calls were published in both the Greek and international Greek press, as well as on the company's website www.elicagroup.gr and refer to the necessary "Desktop Studies" for the finalization of the optimal choice of the submarine cable route and the landing points in the two countries, as well as the "Technical analysis of the project and the studies for the calculation of benefit indicators and cost-benefit analysis for the project". As it is already known, GREGY project has been included in the 1st PCI/PMI list of the European Union and concerns the electrical interconnection of the electricity systems of Egypt and Greece, which includes an HVDC connection with a capacity of 3,000 MW, for the transmission of 100% green energy from Egypt to Greece and Europe. The publication of the calls constitutes the next phase in the development of GREGY in order to expedite the implementation of this major national and European project. The electricity interconnection between Greece and Egypt is an energy leap forward for electricity interconnections in the Mediterranean and an upgrade of Greece's role in the energy map of South East Europe. The closing date for the submission of the Expression of Interest for the first two tenders is 31th May 2024.
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
A moose has been unexpectedly spotted in the Hunedoara county area, specialists from the conservation group Rewilding Romania announced on Wednesday, December 10, sharing footage of the animal on social media. The sighting is considered “an important discovery for Romania’s wildlife,” though experts caution that it remains unclear how the animal reached this region. According […]
Trade unionists will continue to require the Presidential Administration to mediate the conflict with the government on issues such as the minimum wage or the collective labour agreement, said Bogdan Hossu, president of the Cartel Alfa trade union confederation, as reported by
Prime minister Ilie Bolojan said on Wednesday, December 10, that Romania’s state budget for 2026 will be adopted only at the end of January, citing the need for Parliament to first approve legislation required to ensure predictability and compliance with the country’s deficit targets. His comments came as the government has been working to align […]
Bosch announced that its Global Business Services centre in Romania, at Timisoara, plans to reduce approximately 510 positions of the existing 1,800 by the end of 2030 as part of a cost-cutting plan that aims to lay off 13,000 employees worldwide across the entire group. The company cited “stagnant demand for services” and “productivity potentials […]
