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.
Banca Transilvania Group has entered the exchange-traded fund market by launching the BT Index Romania ETF BET-TR, managed by BT Asset Management.
Digi Communications continues to explore strategic options for its Spanish operations, including a potential initial public offering (IPO) of its subsidiary Digi Spain Telecom.
Romania's annual inflation rate will increase and remain at higher levels than previously forecast during March-June 2026, according to the minutes from the National Bank of Romania's monetary policy meeting held in early April.
Rețele Electrice Romania, part of the PPC group, has launched a tender worth up to RON 59 million (€12 million) for secondary stations in precast concrete enclosures. The equipment will be used in investment projects between 2026 and 2030.
Romanian awareness of sustainable construction concepts reaches 86%, significantly above the European average of 69%, according to the barometer published by Saint-Gobain's Observatory for Sustainable Construction.