ESG | 21 January, 2025 at 9:50 AM
Romania Eficienta completes new energy renovation project
The unit in Vernesti is part of the 5th phase of the Romania Eficienta program, supported by OMV Petrom with €7.6 million.
The unit in Vernesti is part of the 5th phase of the Romania Eficienta program, supported by OMV Petrom with €7.6 million.
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.
The project aims to modernize the electricity distribution infrastructure in the area located at altitude, within the radius of the municipalities of Slatina Timiș, Brebu Nou.
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.
Speedwell Polska, the new division of Speedwell, has made its debut in Poland with the acquisition of a 2,290 sqm plot jointly owned by BPI Real Estate Poland and Acteeum.
Construction of the project began in May 2024 and is planned to be completed by the end of 2025.
The European Commission (EC) has finalised the signing of the SAFE loan agreement with Romania.
Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.
Hidroelectrica signed a €188.5 million contract for the refurbishment of Râul Mare Retezat Hydropower Plant. The project aims to modernize and improve the efficiency of the company's generation capacities.
Banca Transilvania (BT) said its consolidated net profit reached RON 1.14 billion lei (€228 million) in Q1, representing a 30.1% increase compared to the same period last year. Total assets for the group expanded to RON 227 billion lei (€45.4 billion) as the institution neared the milestone of five million active customers.
Vastint Romania has announced a new leasing contract with Arcadis Romania, which will occupy 1,183 sqm in building A of Business Garden Bucharest. The global design, engineering and consultancy company joins a growing community of international tenants at the development.