Transelectrica kicks off the works to re-engineer its Stalpu substation, in Buzau County, and the construction of the new 400 kV substation, an investment of approximately 95 million RIN, with a completion date in January 2027."The National Electricity Transmission Company Transelectrica SA kicks off the execution works for the investment regarding the construction of the 400 kV Stalpu electrical substation and for the investment regarding the modernisation of 110 kV and medium voltage cells in Stslpu substation. Following the signing of the agreement for the execution and completion of the works, which took place this month, the Transelectrica management and the members of the team responsible for implementing the investment had the first meeting with the representatives of the contractor, namely Electromontaj SA. The execution works, with a value of approximately 95 million RON and a deadline for completion in January 2027," reads a press release of Transelectrica.According to the same source, the meeting aimed to establish a concrete action plan regarding the completion of the investment and also included a visit to the 220/110/20 kV Stalpu transformer substation, located in Buzau County."The need to increase the power to evacuate electricity from renewable sources in the southeastern area of the country, but also the need to build the new 400 kV line that will connect the southeastern system area, through the Stalpu station, to the Transylvania area, in the Brasov station, as well as the transition to 400 kV of the Brazi Vest - Teleajen - Stalpu axis, requires prioritising the completion of the investment in the Stalpu station. The strategic projects that Transelectrica carries out to increase the capacity to integrate renewable energy and to modernise electrical installations ensure Romania's energy security in the future, in the context of the energy transition, and at the same time create favourable premises for the development of the economic environment both at the national level and at the level of local communities," stated Stefanita Munteanu, president of the Transelectrica board of directors, quoted in the press release.The main benefits of the investment in the Stalpu station are: increasing the security of adequate and safe supply to consumers in the National Electricity System; efficiency of integrating renewable power plants; social and economic well-being; reduction of electricity losses in the electricity transmission network; reduction of CO2 emissions.
Homedit, a Romanian brand of premium furniture and home décor, announces the official opening of its first showroom, located in an interwar house in central Bucharest ("The Bamboo House”, located at No.3, Dumbrava Roșie St.). With a total investment of approximately EUR 12 million, the business was founded in 2016 as an online store by […]
The 32nd edition of the Sibiu International Theatre Festival (FITS) begins on Friday, June 20, bringing over 5,000 artists from 82 countries to the city. The events will take place over ten days and will transform the city into an "open-air stage, with large-scale productions, impressive installations, parades, fire shows, live music, aerial dances, and […]
The well-known science and nature channel Discovery is currently marking four decades since its global launch in 1985 with a special series titled "Discovery Changed My Life,” bringing testimonies from personalities whose vision was shaped by Discovery. Among those featured is also Romanian mountaineer and conservationist Alex Găvan. The series premieres on Sunday, June 22, […]
Meta Estate Trust (MET), a holding company operating in the real estate sector, has invested approximately EUR 2 million in a new retail park currently under development in Ciolpani, a commune located on the Bucharest–Ploiești corridor (DN1), it said. The project is scheduled to be completed and handed over to tenants this year, with an […]
Romania benefits from a series of favorable factors that facilitate the growth and expansion of data center capacity and could emerge as a developing market, according to an analysis conducted by the real estate consultancy company Cushman & Wakefield Echinox. A diversified energy mix, with over 50% of energy production coming from renewable sources, along […]
The German company DEHN, a manufacturer of electrical engineering solutions for critical infrastructure, including lightning and surge protection, as well as safety equipment, will open a production site in Piteşti, southern Romania. The facility, the company's first in the country, will expand its capacities to serve customers in Europe. It fits seamlessly into the company's […]
