This strategic agreement is part of TenneT's efforts to modernize the Dutch energy infrastructure, with the aim of increasing the capacity of the electricity grid by at least 30%.
Romania leads the European Union in both VAT and corporate tax collection failures, losing approximately one-third of potential revenue from each tax, according to a European Commission analysis published this week.
ABB Romania has opened its new customer experience center in Bucharest, a space designed to showcase the company's solutions in electrification, automation, energy efficiency and motion.
The Investment Committee designated by the Romanian Government for the Recovery Equity Fund has approved financing for five new investment funds in Q4 2025, announced the Ministry of Investments and European Projects (MIPE).