Industry

Business Forum   |   21 April, 2026 at 11:00 AM

CEE emerges as Europe's new defence industry powerhouse, says KPMG

CEE is transforming from Europe's periphery into a defence industry powerhouse, according to a new KPMG study. The region's combination of cost efficiency, industrial capacity, and strategic location is attracting investment as European defence spending increases.

Business Forum   |   20 April, 2026 at 2:18 PM

Vodafone Romania merges Evotracking and iSYS units

Vodafone Romania has completed the merger of Evotracking and iSYS Professional, two wholly-owned technology entities, into a single company operating under the commercial name Evogps powered by iTrack.

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Electrica secures grid permits for 700 MWh of storage
Energy

Electrica secures grid permits for 700 MWh of storage

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.

Energy

Romanian grid operator to support peak power consumption during heatwave

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.