PPC Renewables Romania starts construction of largest wind farm in Moldova
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 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 is located in Buzau County, Romania and in its 1st phase, 30 Vestas wind turbines will be installed until 2025.
Scheduled to become operational in 2025, the wind farm in Constanța County will incorporate a total of eight foundations corresponding to the eight turbines.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.