Romania’s national grid company Transelectrica has obtained an over EUR56 million non-reimbursable funding, via the REPowerEU component of PNRR, for three investment projects envisaging the retooling of the electricity transmission network, with two of them being aimed at the SMART and Teletrans subsidiaries.
Polish group Amrest will keep Starbucks franchise for the Romanian market for another five years, namely until 2028. The agreement between the sides has been recently extended after the initial deal expired in October 2023.