modernization

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…

A multidisciplinary team of lawyers specialized in administrative and commercial litigations from Reff & Associates | Deloitte Legal obtained, as a result of pro bono legal services, a Bucharest Court of Appeal decision which…

Romania will buy F-35 fighter jets produced in the USA, among the most advanced fighter jets in the world, it was decided in the Supreme Council for National Defence (CSAT) meeting on Tuesday. "The modernization process of the Air Force…