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Category: News

Restart Energy Completes Photovoltaic Project for Fileca Industry Worth Over €300,000

Restart Energy has successfully completed a photovoltaic power plant for Fileca Industry, valued at over €300,000. The new facility, located in Beclean, Bistrița-Năsăud County, is designed to generate significant energy savings while contributing to environmental sustainability. The project includes 852 photovoltaic panels installed across 3,500 square meters on the roof of Fileca Industry’s building. With […]

NEPI Rockcastle Issues EUR 500 Million in Green Bonds with Clifford Chance Badea’s Legal Counsel

NEPI Rockcastle, a leading real estate developer and investment group in Central and Eastern Europe, has successfully issued EUR 500 million in green bonds, with legal counsel provided by Clifford Chance Badea. The issuance, which was oversubscribed by more than six times, marks NEPI Rockcastle’s return to the Eurobond market after more than two years. […]

Alfa Group Acquires IRIDE Business Park, Boosting Real Estate Portfolio

Alfa Group has completed the acquisition of the IRIDE Business Park from CPI Group, marking a significant expansion in its real estate portfolio. The deal includes not only office spaces but also logistics facilities, essential for enhancing Alfa Group’s future operations. This acquisition strengthens the company’s presence in Bucharest’s real estate market, particularly in office […]

BASF Aims to Distribute €12 Billion to Shareholders by 2028

BASF has outlined an ambitious corporate strategy aimed at reinforcing its financial performance and commitment to sustainability. During Capital Markets Day in Ludwigshafen, Dr. Markus Kamieth, Chairman of BASF’s Board of Executive Directors, emphasized the company’s goal to become the preferred chemical partner facilitating green transformations for its customers. Dr. Dirk Elvermann, BASF’s CFO, highlighted […]

OMV Petrom Acquires 710 MW of Solar Projects in Romania from Jantzen Renewables

OMV Petrom, one of Southeast Europe’s largest integrated energy producers, has finalized the acquisition of several photovoltaic park projects from the Danish company Jantzen Renewables. These projects, located in Teleorman County, Romania, have a planned installed capacity of approximately 710 MW. Once operational, the parks will be among the largest solar projects in Southeast Europe. […]

Ascendis Acquires Cariere and HR Manager in a €300,000 Deal

Ascendis Group, one of Romania’s leading professional development training and consultancy firms, has acquired the renowned magazines Cariere and HR Manager in a transaction worth €300,000. This acquisition strengthens Ascendis’ commitment to expanding communication platforms for the HR community in Romania, Moldova, and the Romanian diaspora. Andrei Goșu, Managing Partner at Ascendis, emphasized the significance […]

Restart Energy Completes €900,000 Photovoltaic Project for Tehno Proenergy, Cutting CO2 Emissions by 155 Tons Annually

Restart Energy has successfully finalized a €900,000 photovoltaic power plant project for Tehno Proenergy, a company based in Alba County. The plant, featuring 1,818 solar panels spread across 10,000 square meters, has a total capacity of 999.9 kWp and will produce 1,287 MWh of electricity annually, fully covering the energy consumption of the company. This […]

Saint-Gobain Installs 1,725 Solar Panels at Turda Factory, Cutting CO2 Emissions by 238 Tons Annually

Saint-Gobain Romania has taken a significant step in its sustainability strategy by completing the installation of a photovoltaic power plant at its Saint-Gobain Rigips factory in Turda. This solar project, funded through the National Recovery and Resilience Plan (PNRR) and Saint-Gobain’s internal Carbon Fund, is designed to power the factory’s production line with clean energy, […]

E.ON Invests €18 Million in Community Projects, Reaching 5 Million Romanians Annually

E.ON Romania has significantly expanded its community support efforts, investing €18 million in 2023 in key projects focused on safety, education, and environmental protection, according to its latest sustainability report. This brings the total investment in community initiatives to almost €20 million over the past years. These projects have had a direct impact on over […]

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