Industry | 10 December, 2024 at 12:33 PM
INVL Baltic Sea Growth Fund signs agreement to acquire Pehart Group
The transaction with Abris Capital Partners is expected to be completed in the first quarter of 2025.
The transaction with Abris Capital Partners is expected to be completed in the first quarter of 2025.
Greenvolt Power has secured €348 million in financing for the construction of a 253.1 MW wind project in Ialomița county, Romania.
The European Bank for Reconstruction and Development (EBRD) projects that Romania's economic growth will accelerate to 1.2% in 2026.
Romanian engineering group Simtel Team has reported a 68% year-on-year surge in preliminary consolidated operating revenue for 2025, reaching RON 605.7 million (€121.7 million).
Romanian energy group Electrica achieved record financial results in 2025, with preliminary net profit reaching RON 1.22 billion (€245 million), representing a 159% increase compared to 2024.
BCR Group reported a net profit of RON 3.32 billion (€658 million) in 2025, up by 20% year-on-year.