Industry | 16 July, 2024 at 1:23 PM
Romanian utility tackles water losses with advanced data analytics
ApaVital S.A. to Optimize 4,000 Kilometers of Pipeline to Protect Water Supply for 500,000 People in Iasi.
ApaVital S.A. to Optimize 4,000 Kilometers of Pipeline to Protect Water Supply for 500,000 People in Iasi.
In Europe, out of four glasses of clean water extracted and produced, one is lost on the way to the final customer and never reaches the tap.
OMV Petrom, an integrated energy producer in South-Eastern Europe, commissioned a new aromatics unit at Petrobrazi, following an investment of around €140 million. The unit has a capacity of 150,000 tons per year of toluene and benzene, improving the refinery's production mix and energy efficiency while reducing environmental impact.
Romanian construction company Concelex recorded revenues of RON 1.48 billion (€296 million) in 2025, representing a 17 per cent increase compared to the previous year.
Polytrade Global, a Romanian group specialising in energy infrastructure, the supply of electrical equipment, and renewable energy projects, closed 2025 with a turnover of around €21.5 million, a 173% increase on the previous year, and a net profit of €579,000.
Christian Tour debuted on the BVB on 22 June, trading under the ticker symbol TRIP. The listing follows an IPO valued at RON 149 million (€28.4 million), with a 121% subscription rate. It is the first company from the organised tourism sector to debut on the local capital market.
NextPower, a provider of solar and power technology solutions for utility-scale power plants, has launched new solar tracker and foundation technologies designed to simplify installation, increase site flexibility and support the performance of solar projects.