Simtel secures €16 million investment loan for solar park
The Romanian engineering company Simtel Team has announced the signing of a significant contract to finance its photovoltaic project in Giurgiu.
The Romanian engineering company Simtel Team has announced the signing of a significant contract to finance its photovoltaic project in Giurgiu.
Symmetrica, a local manufacturer of vibrated pressed paving stones and kerbstones, is preparing to complete its new factory in Bolintin Vale.
The facility from Giurgiu manufactures spiral welded steel pipes with diameters up to 2.540 mm used in the construction of pipelines.
The project is adjacent to another solar plant that Nofar Energy has previously bought from the same seller.

Romania's real GDP growth is forecast to remain low over the next two years, primarily due to the necessary fiscal consolidation measures that will slow consumption.
Almost 60% of companies in Romania plan to expand their use of flexible spaces over the next two years to support hybrid working strategies.
CEC Bank continues to support entrepreneurs from rural and agricultural sectors by signing a new guarantee agreement with the Rural Credit Guarantee Fund (FGCR), which allows refinancing of AGRO and RURAL loans.
Family business revenues are projected to reach $29 trillion by 2030, reflecting an 84% increase compared to 2020, according to a Deloitte study. These businesses currently account for 19% of all business revenue globally and represent more than 18,000 entities worldwide.
Endava, the technology-driven business transformation group, and Paysafe, a payments platform, announced a multi-year strategic partnership to bring payments and community engagement solutions to market faster.