EU FUNDING
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Transelectrica Manages Nearly EUR51.7M In EU Funding For Three Solar Power And Grid Upgrades Projects
Romania’s national grid company Transelectrica (stock symbol: TEL) manages EUR51.7 million in funding from the National Recovery and Resilience Plan's (PNRR), the REPowerEU component, to implement three investments for modernizing, improving efficiency and dig...
EIB Group Expands Its Support to Romanian SMEs
The European Investment Bank Group announced Thursday it was expanding its support to Romanian businesses by allocating additional funding under the SME Initiative started in 2014.
Transelectrica Gets EUR33M Non-Reimbursable EU Funding for Overhead Power Line
Romanian state-run power grid operator Transelectrica (TEL.RO) said Thursday it has signed a financing contract to build the 400 kV overhead line (OHL) Gutinas –Smardan, amounting to EUR33.4...
E.ON's Delgaz Grid Gets RON19.5M EU Funding For Investments in Vaslui
Delgaz Grid, E.ON's gas and electricity distribution company in Romania, will invest over RON31 million, of which 19.5 million from EU funds, in modernizing transformer stations in Vaslui co...
Key Railway Connection Between Romania and Hungary Gets EUR1.3B EU Funds
The European Commission has allotted EUR1.3 billion from the Cohesion Fund to be invested in the is invested in the modernization of the rail corridor from the town of Curtici, on the border...
Investors Drop EU Funds As Romania's Renewable Enegy Support Scheme Is Generous Enough
A series of investors in renewable energy decided to give up EU funding to finance their projects, and chose the green certificate support scheme, which gives them higher profit and frees up...
Thermal Power Producer Craiova Files For EU Funds Worth RON105M
Romanian state-owned thermal power producer CE Craiova signed last week an EU funding contract for 105 million lei (EUR24.84 million), to finance desulphurization works.
Romania Needs To Sync EU Energy Funding With Project Demands
Romania’s structural funds on energy and energy efficiency should be calculated on specific requests by companies, since interest is disproportionate between the two segments, Economy Minist...