Investments are meant to turn the grid into a smart distribution system, able to integrate green energy, energy storage solutions and last generation digital technologies.

DEER estimates that by end-2025 it will overshoot the minimum investment plan approved by energy watchdog ANRE, reaching a total volume of around RON800 million.

The company reached a RON3.8 billion turnover last year and net profit of almost RON650 million with nearly 6,400 employees.

(English version by Catalina Apostoiu)