The project aims to reconfigure, modernize and increase the capacity of the Perișoru power line by replacing the line over a length of about 35 km.
The works included in the projects are focused on the maintenance of the electricity distribution network.
The works will consist of the construction of two new medium voltage lines that will have a length of 13.5 km.
The network in the area will be extended by more than 32 km for the medium-voltage segment and by another 8 km for the low-voltage segment .
The total value of the tender is almost RON 70 million, while the value of the project is RON 74 million, of which RON 57.7 million will be provided by the Modernization Fund.
The purchase of modern equipment will significantly contribute to increasing protection against overloads and short circuits.
Romanian energy giant Hidroelectrica recorded a net profit of €263 million in the first quarter of 2026, marking a 122% increase compared to same period last year, according to a report submitted to the BVB.
Romania's central bank has decided to maintain its key policy interest rate at 6.5% per year, following a meeting of the National Bank of Romania's (BNR) board of directors on Friday.
Digi Communications reported consolidated revenues of €583 million in Q1 2026, a 10% year-on-year increase. At the same time, adjusted EBITDA (excluding IFRS 16 impact) reached €161.2 million, up 15% compared to Q1 2025.
Romania's central bank announced on Friday that annual inflation will rise above previously forecast levels in Q2 2026, but will experience a substantial downward correction in Q3.
Uber Technologies announced new products and features at its annual Go-Get product event, including hotel bookings and travel tools that are planned to roll out globally in the coming months.