Electrica, a leading player on Romania electricity wholesale and supply, has announced the initiation of the process to get the needed permits for the construction of 15 battery energy storage parks with a capacity of around 1GWh.
Ivatherm, a Romanian dermocosmetics company, is considering attracting an investment fund to step up the company’s expansion.
Constructii Erbasu, a company owned by Erbasu family, continues investments on projects based on EU funding and own sources.
Cold cuts producer Cris-Tim, one of the oldest family businesses in Romania, indirectly held by the Timis family, is starting its initial public offering on Friday, October 17, with the aim of listing on the Bucharest Stock Exchange. The operation is handled by BRD and BCR and is worth up to RON473 million.