PPC Romania to build 100 MW gas plant in Reșița

Business Forum
A company from the PPC Romania group will construct a natural gas power plant with a capacity of approximately 100 MW on Valea Terovei, on the site of the former UCC - Uzina Cocso Chimică platform in Reșița.

The company recently acquired a 99,241 sqm plot of land in the city through a public auction for RON 5.6 million (€1.1 million).

"The private investment will generate substantial revenues for the local budget, with which we can support the regeneration and modernisation projects necessary for the development of our community," said Reșița Mayor Ioan Popa.

The announcement was made by Agenția de Dezvoltare Locală Reșița (ADLR), which played a key role alongside the municipality in creating the necessary framework for implementing this strategic project.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Industry

Austrian Post buys Sameday Hungary

The Austrian Post Group has acquired 100% of Hungarian parcel service provider Delivery Solutions Zrt., operating under the brand Sameday Hungary.

Economy

CEOs bet on AI and M&A despite economic uncertainty

CEOs are more confident in their own companies' prospects than they are in the outlook for the global economy, according to the latest EY-Parthenon CEO Outlook Survey, a quarterly survey of 1,200 global CEOs across 21 countries.

READ MORE
Business Forum  |  23 January, 2026 at 5:13 PM
Business Forum  |  23 January, 2026 at 2:44 PM