ANRE (the National Energy Regulatory Authority) has granted authorization for the construction of upstream supply pipelines for natural gas production as part of the Neptun Deep project, the institution announced on Tuesday.
Retailer Mega Image has appointed Luiza Taut to the position of Operations Vice-President.
Rezolv Energy, backed by investment fund Actis, through its project subsidiary First Look Solutions, announces additional investments of EUR331 million for the construction of the second phase of its VIFOR wind farm in Buzau County, Romania.
Shipbuilder Santierul Naval Orsova on July 21 sealed two external contracts for the construction of two river vessels.
OMV Petrom, the largest energy producer in Southeastern Europe, and NewMed Energy Balkan, a subsidiary of NewMed Energy, announce the signing of a rig contract for the drilling of two offshore exploration wells in the Black Sea, offshore Bulgaria.
Cargus, a leading player on Romania’s courier services market, has relocated its warehouse of Drobeta-Turnu Severin to a facility with a 560-sqm area, double that of the previous location, which allows for the processing of up to 4,000 parcels per day, up 60% from the old capacity.
Rodbun group, a leading agribusiness company in Romania, has signed a syndicated loan facility with state guarantee worth EUR17.3 million, which will be used to cover working capital needs and development plans.
Law firm Clifford Chance Badea has assisted Alpha Bank and Alpha International Holdings in finalizing sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista Bank Romania.
SolvIT Networks, a Romanian company specializing in providing and integrating IT&C solutions, registered turnover worth about EUR11 million last year, slightly down from the EUR13 million reported in 2023, Mihai Scemtovici, the company’s general manager, told ZF.
GLS General Logistics System Romania, part of the group of the same name controlled by Britain’s Royal Mail, in 2024 generated turnover worth RON418.2 million (EUR84 million), up 14.4% from 2023, in line with ZF calculations based on Finance Ministry data.