The company has attracted European funds for co-financing projects, through the Modernization Fund. The European co-financing was worth nearly RON17.5 million.
At the end of 2025, Retele Electrice Romania completed a project to modernize and increase the reliability of the medium-voltage electricity networks related to the Navodari transformer station. The total value of the investment exceeded RON22 million, of which RON17.5 million came from the Modernization Fund.
The works carried out within this project, aimed at improving the quality of the distribution service, include, among others, the modernization of the medium voltage lines in the Navodari 110/20 kV transformer station, where about 37 km of medium voltage power lines have been modernized and extended. Also, 14 transformer substations have been modernized and digital systems have been introduced to ensure higher network level of monitoring and control.
“The completion of this project, financed through the Modernization Fund, reflects our constant commitment to consolidate and modernize the distribution networks in Constanta County, especially in the Navodari area, where we are also modernizing the transformer station. Through these investments, we create the premises for the integration of modern remote-control technologies and for the development of a safer and more efficient infrastructure, which better meets the needs of local communities and contributes to increasing the quality of life,” said Mihai Peste, General Director of Retele Electrice Romania.
Through these modernization works of the transformer lines and substations, the quality of the service offered is strengthened by increasing the safety, but also the reliability of the network in the electricity supply.
The company Retele Electrice Romania operates networks with a total length of about 136.000 kilometers in three major areas of the country: Muntenia Sud (including Bucharest), Banat and Dobrogea, covering one third of the local distribution market, and develops an investment program to improve the quality of services, safety and performance of the networks and local implementation of the environmental standards of the PPC group. The electricity networks operated by Retele Electrice Romania include 293 power stations and over 26.000 secondary substations.