Energy
OMV Petrom Signs New Contracts For Neptun Deep Black Sea Project
OMV Petrom, the largest integrated energy company in Southeastern Europe, has continued to make significant progress in implementing Neptun Deep project.
Moody’s Reconfirms Transelectrica's Baa3 Rating, With Stable Outlook
International rating agency Moody's Investors Service (Moody's) has reconfirmed the Ba1 rating, with a positive outlook, awarded to Romania's national power grid operator Transelectrica (TEL...
Delgaz Grid Completes Development Of Natural Gas Distribution Network In Toplita
Natural gas and electricity distribution company Delgaz Grid has completed development works on the gas distribution network in Toplita (Harghita County), therefore, the municipality of Topl...
Transelectrica Gets over EUR56M Non-Reimbursable Funding for Three Investment Projects
Romania’s national grid company Transelectrica has obtained an over EUR56 million non-reimbursable funding, via the REPowerEU component of PNRR, for three investment projects envisaging the...
CMS Advises M Core On EUR219M Acquisition Of 25 Retail Parks In Romania
International law firm CMS has advised L&C Properties, part of M Core, one of the UK’s largest, privately held commercial property collectives with combined assets in excess of EUR6 billion,...
Hidroelectrica Takes Over Assets And Employees Of UCM Resita In RON67M Deal
Hidroelectrica (H2O.RO), the largest company at the Bucharest Stock Exchange and the most profitable state-run firm, announced in a stock market report on Friday (Dec 8) the signing of the B...
EU Parliament Agrees Revision Of Energy Performance Of Buildings Directive
MEPs and the Spanish Presidency of the Council informally agreed on Thursday on plans to help reduce energy consumption and greenhouse-gas emissions from the buildings sector.
OMV Petrom And RenewAcad Set Up Training Center For Miners' Professional Reconversion Into Renewable Energy Specialists
RenewAcad, the Professional Training and Counseling Academy for Renewable Energy Sources, and OMV Petrom, the largest energy company in Southeast Europe, have joined forces to establish a tr...
Raiffeisen Bank Granted EUR60M Loan for Development of Romania’s and Southeastern Europe’s Largest Photovoltaic Park of Ratesti
Raiffeisen Bank Romania and Raiffeisen Bank International granted a EUR60 million loan for the development of the largest photovoltaic park of Romania and Southeastern Europe, which became o...