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.
Romanian PM Ilie Bolojan announced on Wednesday a raft of measures designed to support the reduction of the country's budget deficit.
DP World has opened a drive-through scanner at the Port of Constanța, which reduces customs inspection times for trucks from 5-7 hours to just two minutes.
Flavours Group, an operator of event catering and premium restaurants within office buildings and educational institutions, has announced a 21.7% increase in year-on-year.
New tariffs imposed by the US on goods from the EU could significantly impact Romanian exporting firms, particularly those in the metallurgical and automotive sectors.
New car registrations in Romania fell by 22% in H1 2025, reaching 64,339 units, compared to the same period last year.