INVL Fund secures €29.3 million for Romanian solar projects
The INVL Renewable Energy Fund I has secured a new €29.3 million loan agreement with Kommunalkredit Austria for the construction of photovoltaic projects.
The INVL Renewable Energy Fund I has secured a new €29.3 million loan agreement with Kommunalkredit Austria for the construction of photovoltaic projects.
Romanian engineering group Simtel Team has announced the acquisition of SMTL Solar Bughea, a company previously owned by Sergiu-Eugen Bazarciuc, one of the key shareholders of Simtel, for RON 32.2 million (€6.5 million)
Enexus, a provider of integrated EPC services for photovoltaic projects, has announced the signing of a contract for a 20 MWp photovoltaic power plant.
Kaufland has opened its fourth store in Pitești, expanding its national presence and reaching a network of 193 hypermarkets
Gebrüder Weiss Romania, the supplier of transport and logistics services, has announced the completion of a new photovoltaic system installation.
NEPI Rockcastle a new 54.1 MW greenfield photovoltaic park in Chișineu-Criș, Arad County, as part of an investment program worth €110 million.
Oil and gas major OMV Petrom has announced that its wind and photovoltaic projects in Romania have a combined capacity of 2.4 GW.
The Environmental Fund Administration (AFM) released a new list on Wednesday, featuring 10,418 applications approved under the Green Photovoltaic Homes Program.
Romanians are increasingly interested in photovoltaic power plants, either on their own or through subsidized programs.
NEPI Rockcastle, the largest owner of shopping centers in Romania, aims to cover its electricity consumption exclusively from renewable sources by the end of 2026.
The project is adjacent to another solar plant that Nofar Energy has previously bought from the same seller.
iO Partners has provided development management services for a 126 MW solar farm in Văcărești locality, Dâmbovița County.
Econergy has announced that its 92MW solar park in Parau, Romania, has started commercial operations.
Dairy giant Royal FrieslandCampina has reached an agreement to sell its Romanian operations, including the Napolact brand and production facilities in Cluj-Napoca.
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
Diehl Aviation, a leading aviation industry supplier, has begun construction on a new production facility in Craiova, in response to increasing demand in the aviation sector.
Orange Romania recorded a consolidated turnover of €684 million in H1 2025, a 2.1% decrease compared to the same period last year.
Citi Romania has implemented three GenAI tools for its employees, as part of a significant global investment designed to simplify workflows and streamline daily tasks.