modernization

The National Company "Poșta Română" kicked off the procedure for purchasing 80 vans, part of a modernization campaign following EUR 4 million contract. The total estimated investment for this acquisition amounts to 18,964,298 lei,…

The authorities plan to modernize the arms factory in Cugir, Alba County, following investments of 410 million lei. The modernization aims to increase production capacity, but also diversify the manufacturing range of NATO ammunition of…

Romania received the approval for a financing worth 200 million euros from the European Investment Bank (EIB), money that will be used for the modernization of the electricity distribution network, according to a press release of the…

The Ministry of Energy and the companies Rețele Electrice Muntenia, Rețele Electrice Banat and Rețele Electrice Dobrogea (part of the PPC Group in Romania) have signed three new non-reimbursable financing contracts through the Modernization…

FintechOS, an end-to-end financial product management platform, today announced the successful completion of a $60 million Series B+ investment round. This round was led by Molten Ventures, Cipio Partners, and BlackRock, alongside existing…

Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), has started the processes of restarting the production facilities in the Petromidia Năvodari refinery, after the scheduled completion of the maintenance,…

Ana Hotels announces the grand reopening of the iconic "Europa" hotel in Eforie Nord following an extensive modernization effort. The historic building has undergone significant enhancements, both structurally and internally, to offer…

Rețele Electrice Muntenia company (part of the PPC Group, formerly named E-Distribuție Muntenia) has finalized the modernization works for the North Power Station, the largest primary substation in the country. The value of the investment…

The contract for the development of the necessary documentation for the modernization of Transfăgărășan, on the section between km 104 - km 130+800, was signed with the winning bidder, Rutier Connex XXI S.R.L, Transport ministry officials…

In the context of the urgency and the unique opportunity to manage the systemic problems faced by the business environment, as a result of Brexit , the Romanian-British Chamber of Commerce (BRCC) calls for an integrated approach to…