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The project is being developed through Borzești Energy Storage SRL, the special-purpose vehicle owned by RNV Infrastructure and Greenvolt Power. Renovatio Solar is providing the full EPC contract, covering design, procurement, construction and commissioning, with an estimated execution schedule of 12 months. The selection of Renovatio Solar as the full EPC contractor for a BESS…

The deal, as reported by Economedia.ro, which cited Greek news outlet SofokleousIn, would add another piece to PPC’s expansion puzzle in Romania, following a model similar to that of Greek electronics retailer Kotsovolos, which PPC acquired in Greece. In addition to electricity production and supply, PPC is seeking to expand into the retail and distribution…

The agreement also marks the first installation of LONGi storage technology by Enexus, which has used more than 200 MW of LONGi photovoltaic modules in its projects since 2025. The two companies are thus expanding their cooperation from photovoltaic module supply to integrated solar generation and energy storage projects. The storage capacity will be installed…

The Triangle of Museums, a project gathering the Grigore Antipa National Museum of Natural History, the National Museum of Geology and the National Museum of the Romanian Peasant, has been launched with the aim of establishing a new cultural district in the city. The project, an initiative of the Bucharest City Hall and Bucharest’s Sector…

The company said the weaker profitability came as it expanded factory activity and strengthened the position of the Lăptăria cu Caimac brand, while consumers remained cautious and cost pressures stayed high. Factory volumes increased by 13% year-on-year in H1, while the share of milk from Agroserv Măriuța’s own farm used in processing rose to 74%,…

The Baa1 rating assigned to UniCredit Bank is two notches above Romania’s sovereign rating, “reflecting both the bank’s solid financial profile and the solid support from the UniCredit Group,” the bank said. “The rating granted by Moody’s represents an independent confirmation of the financial soundness of UniCredit Bank Romania and its credit profile. This assessment…

Aquila’s shares are already included in the MSCI Frontier IMI and MSCI Romania IMI indices. Following the latest FTSE Russell review, the number of Romanian issuers included in the FTSE Global All Cap index will rise to 10. Aquila was listed on the Bucharest Stock Exchange in 2021, raising EUR 74 million in what the…

President Nicușor Dan will attend the inaugural summit of the Carpathian Integration Initiative in Ukraine’s Ivano-Frankivsk region on Friday, September 18. He is participating at the invitation of Ukrainian president Volodymyr Zelensky, the Romanian Presidential Administration announced. The initiative seeks to bring together representatives from the countries crossed by the Carpathian Mountains: Austria, Czechia, Poland,…

President Nicușor Dan proposed Liberal (PNL) MEP Siegfried Mureșan as Romania’s next prime minister on Thursday, September 17, saying he had received the highest level of support among parliamentary parties present at the consultations held earlier in the day. In his turn, Mureșan accepted the proposal shortly afterwards, announcing on Facebook: “I accept the proposal…

The Dacia official said Romania is losing its competitiveness in the automotive industry, as energy prices have doubled compared with the pandemic period. He reminded that the automotive industry accounts for one-third of Romania’s exports, 14% of GDP, and directly and indirectly supports approximately 200,000 jobs. Romania is currently sixth in Europe in terms of…