This strategic agreement is part of TenneT's efforts to modernize the Dutch energy infrastructure, with the aim of increasing the capacity of the electricity grid by at least 30%.
GLGH Steel is now working to secure the support of the Romanian Government for this transaction, which would put the future development of Artrom on the right track.
A €3 million investment in consultancy, production hall upgrade, high-performance equipment, and working capital positions Rafinor as a national leader in the field.
Tazz operates in over 35 cities and has become one of the most important platforms, offering a strong selection of restaurants, supermarkets, retailers, and local merchants.
Iulius Dan Plaveti has taken over as Chairman of the Board and CEO of Hidroelectrica starting 10 June 2026, with his mandate running until 7 November 2027.
Romania's annual inflation rate climbed to 10.85% in May from 10.71% in April, driven by rising costs across all sectors, according to data released by the National Institute of Statistics (INS).