Business Forum
| 12 August, 2024 at 8:35 AM
MOL Group profit before tax reaches $916 million in H1 2024
Consumer Services' results increased predominantly thanks to higher fuel sales volumes and the improvement in non-fuel margin.
Consumer Services' results increased predominantly thanks to higher fuel sales volumes and the improvement in non-fuel margin.
The acquisition marks Entek's entry into the Romanian energy market, with a transaction value of approximately €32.9 million, subject to closing adjustments.
Clifford Chance Badea advised PPC Group throughout the entire transaction, providing support on aspects of due diligence.
PPC is among the leading companies in the Greek market, according to the "ESG Transparency Methodology", with respect to the metrics outlined in the “ATHEX ESG Reporting Guide".
The project aims to modernize the electricity distribution infrastructure in the area located at altitude, within the radius of the municipalities of Slatina Timiș, Brebu Nou.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).