Sinteza drops PNRR-funded energy storage project with Lockheed Martin
Sinteza, the Romanian producer of synthetic chemical substances, has decided to discontinue the implementation of its energy storage investment project.
Sinteza, the Romanian producer of synthetic chemical substances, has decided to discontinue the implementation of its energy storage investment project.
The Environment Fund Administration (AFM) has announced that 26 recycling plants are set to be built in Romania, backed by funding of RON 674.75 million.
Seamless pipes maker TenarisSilcotub has announced the completion of its first renewable energy production.
The National Company for Road Infrastructure Administration (CNAIR) has announced that Vodafone Romania has won the contract for implementing the electronic road toll system.
Romania's Government has signed in mid-July a memorandum of understanding with US tech giant Google as the country is looking to boost its cloud infrastructure for public services.
The agreement signed with the European Investment Bank is supported by the Ministry of Investments and European Projects, through the State aid and de minimis Scheme.

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).