The 23 wind turbines will be located on land plots in the localities of Deleni, Costești, Bogdănești, while the interconnection transformer station will be located in Banca.
Restart Energy has completed more than 150 PV projects and more than 50 MW installed with the capacity to produce 20.54 GWh and avoid 13,411 tons of CO2 emissions.
Romania has finalised a landmark contractual framework with German defence giant Rheinmetall for the construction of a new ammunition powder factory in Victoria, Brașov County.
BlackPeak Capital, a private equity firm focused on Southeast Europe, has made a growth equity investment in Affinity Life Care.
Starting August 1, Romania's new fiscal package increased the standard VAT rate from 19% to 21%. It also merged the 5% and 9% reduced rates into a single 11% rate.
Westlake Corporation, a global manufacturer of innovative materials and products, has announced its agreement to acquire the global compounding.
Romanian Agroland Group, specialising in retail, agribusiness, and food production, is set to receive a €15 million loan to expand its food division.