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UPGRADES

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Italy’s Beltrame Group Set To Invest Over EUR250M In Upgrades At COS Targoviste
Companies

Italy’s Beltrame Group Set To Invest Over EUR250M In Upgrades At COS Targoviste

Italy’s Beltrame Group, a producer of steel bars and special steels, which also owns Donalam Calarasi steel mill, said it would invest over EUR250 million for the modernization of the specia...

Ecaterina Craciun · 16.03.2022 · 17:40 · 2 min
EIB Confirms Latest EUR90M Long-Term Loan From EUR210M Facility For Electrica Group
Banks-Insurance

EIB Confirms Latest EUR90M Long-Term Loan From EUR210M Facility For Electrica Group

The 15-year EUR90 million loan granted by the European Investment Bank (EIB) to Distribuie Energie Electrica Romania S.A. (DEER), the electricity distribution subsidiary of the Electrica Gro...

Ecaterina Craciun · 06.01.2022 · 13:09 · 2 min
Liberty Steel Spends EUR5.5M To Upgrade Production Operations And Automate Galati Hot Strip Mill
Companies

Liberty Steel Spends EUR5.5M To Upgrade Production Operations And Automate Galati Hot Strip Mill

Liberty Steel Group has allocated EUR5.5 million towards the consolidation and automation of the Liberty Galati Hot Strip Mill, which this year celebrates half a century of continuous activi...

Ecaterina Craciun · 20.12.2021 · 16:12 · 1 min
Delgaz Grid Completes RON16.8M EU-Funded Project For Upgrades On Three Transformer Stations In Iasi
Energy

Delgaz Grid Completes RON16.8M EU-Funded Project For Upgrades On Three Transformer Stations In Iasi

Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, is completing an investment project worth RON16.8 million, financed from EU funds, where...

Ecaterina Craciun · 28.05.2021 · 14:50 · 1 min
Japan Tobacco International Invests EUR60M In Upgrades At Its Romanian Factory
Companies

Japan Tobacco International Invests EUR60M In Upgrades At Its Romanian Factory

Japan Tobacco International (JTI), one of the largest cigarette manufacturers in Romania, will invest EUR60 million in modernizing the production capacities of its factory in Romania.

Ecaterina Craciun · 31.03.2021 · 14:15 · 1 min
Hidroelectrica Completes Upgrades On 110kV Transformer Stations Serving Voila, Vistea Hydropower Plants
Energy

Hidroelectrica Completes Upgrades On 110kV Transformer Stations Serving Voila, Vistea Hydropower Plants

Romanian state-owned hydropower producer Hidroelectrica on Tuesday said it completed modernization works and is going to commission the 110kV transformer stations belonging to Voila and Vist...

Ecaterina Craciun · 20.10.2020 · 15:57 · 1 min
Hidroelectrica Completes RON5.4M Modernization Works On Bradisor Hydropower Plant
Companies

Hidroelectrica Completes RON5.4M Modernization Works On Bradisor Hydropower Plant

Romanian state-owned hydropower producer Hidroelectrica has announced the commissioning of a 110 kV electric station belonging to Bradisor hydropower plant, as part of Lotru hydropower retro...

Ecaterina Craciun · 09.10.2020 · 15:27 · 1 min
Posta Romana Concludes RON200M Financing Agreement With Eximbank
Banks-Insurance

Posta Romana Concludes RON200M Financing Agreement With Eximbank

Romania's state-owned postal operator Posta Romana has concluded a financing agreement worth RON200 million with lender Eximbank, following a competitive procedure attended by several banks,...

Ecaterina Craciun · 08.10.2020 · 19:37 · 1 min
Enel’s Romanian Electricity Distribution Companies Eye Nearly EUR100M Investments In Power Grid Upgrades In 2020
Companies

Enel’s Romanian Electricity Distribution Companies Eye Nearly EUR100M Investments In Power Grid Upgrades In 2020

E-Distributie Muntenia, E-Distributie Dobrogea and E-Distributie Banat, the electricity distribution companies in Romania of Italian utility group Enel Group, will be investing RON483 millio...

Ecaterina Craciun · 21.08.2020 · 12:48 · 1 min