Energy | 21 November, 2025 at 11:00 AM
Rețele Electrice Romania launches €27 million grid digitalisation project
Rețele Electrice Romania has begun implementing a new advanced automated distribution management system (AADMS).
Rețele Electrice Romania has begun implementing a new advanced automated distribution management system (AADMS).
Romania is reporting a substantial 20% growth in the digitalisation of its local and national public administration, a figure that is double the European average.
In such a volatile environment, digitalization becomes the safest way for SMEs to maintain control over their businesses.
The new contract was signed to further the digitalization efforts of Cluj County Council, a process initiated in 2020.
Connections reports double-digit growth in H1 2024 in key indicators, including a reduction in debt levels, and continues to anticipate an even better second half of the year.
Romanian companies represent 53% of the top 5,000 companies in Romania, but figures show significant differences between the country's regions, according to an analysis by Ionuț Simion, Partner at PwC Romania.
Raiffeisen Bank Romania ended 2025 with strong results, recording 22% growth in new clients compared to 2024.
The European Bank for Reconstruction and Development (EBRD) invested a record €955 million in 37 projects in Romania in 2025, up from €707 million for 44 projects the previous year.
Romania's Ministry of Finance attracted RON 1.86 billion (€367.3 million) through seven government bond issues for retail investors in January, marking the first Fidelis offering of 2025. The bonds began trading on Bucharest Stock Exchange (BVB) on Thursday.
Russian oil major Lukoil has signed an agreement with US investment firm Carlyle for the sale of Lukoil International.