Energy | 19 November, 2024 at 12:32 PM
Rețele Electrice companies continue digitization of distribution network
The AADMS Integrated Platform, with the power grid analysis and modeling modules, will be realized through European fund.
The AADMS Integrated Platform, with the power grid analysis and modeling modules, will be realized through European fund.
Additionally, nearly a quarter of the total online stores and partner sellers now deliver products outside of Romania.
The works will consist in making loops on medium voltage lines, supplied from the 110/20/10 kV Fratelia and Cetate transformer stations in the Timișoara area.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.