Oasis Retail Development & Consulting has announced the completion of the third development phase of Prima Shopping Center, the largest retail park in the central-west region of Romania, which now covers 60,000 sqm.
DRI, the EU renewables arm of DTEK, has secured a €60 million equivalent loan from UniCredit and Garanti BBVA to finance the construction of the Văcărești solar park in Romania.
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.
Hidroelectrica, Romania's largest green energy producer, announced the awarding of the turnkey contract for the Nufărul Pilot Project floating photovoltaic panel system.
Eurowind Energy, the Danish developer and operator of renewable energy projects, is investing €174.8 million in a new solar park in Vișina, Dâmbovița County.
OMV Petrom has purchased a 50% stake in the Gabare photovoltaic project in Bulgaria from Enery, set to become one of the country's largest solar installations.
Two financing contracts, totalling RON 233 million (€46.7 million), for local green energy production have been signed, announced the Minister of Energy, Sebastian Burduja.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
Romania has a potential market value of over €1 billion in investments for storage capacities in the coming years alone, based on announced projects and upcoming tenders.
Enexus, an integrated EPC company specializing in mid- to large-scale solar and storage projects, has announced a turnover of approximately €23 million.
The Ministry of Energy has launched the second auction within the state aid scheme in the form of Contracts for Difference (CfD) to support the production of electricity from wind and photovoltaic projects.
Hidroelectrica has announced the signing of a contract for the development of a photovoltaic project at its power plants on the middle and lower sections of the Olt River.
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Nofar Energy, a renewable energy investor listed on the Tel Aviv Stock Exchange, has signed an EPC turnkey and O&M contract for a 265 MW photovoltaic power plant in Corbii Mari.
The IMF projects that Romania's economy will grow by 1% in 2025 and 1.4% in 2026, according to a report released at the end of a mission in the country.
Despite significant market volatility, a new report by law firm CMS reveals that half of European dealmakers anticipate an increase in M&A activity over the next 12 months.
Romanian private healthcare operator MedLife has launched the new Institute of Orthopaedics, located within the MedLife Medici's Hospital in Timișoara.
PPC Energie, the electricity supplier with approximately three million customers, has announced its expansion into the retail sector, becoming the first energy company to...
Premier Restaurants Romania, the operator of McDonald's in Romania, has reached a new milestone with the opening of its 110th restaurant, reaching a total headcount of over 7,000.