Tag: Romania (689 articles)

Energy   |   7 February, 2023 at 11:11 AM

Electrica acquires company developing photovoltaic project in Vrancea

The energy supplier and distributor Electrica has completed the acquisition of the project company Green Energy Consultancy & Investments, which is developing the Vulturu photovoltaic project, Vrancea county, with an installed capacity of 9,75 MW (evacuating power in the network).

Real estate   |   19 January, 2023 at 10:45 AM

Romania to implement new rules for energy building performance

New technical regulations regarding the methodology for calculating the energy performance of buildings will be enforced in Romania starting February. The new rules will help the local construction market will take an important step forward by aligning with European standards and trends in terms of sustainability

Real estate   |   19 January, 2023 at 10:44 AM

How will CEE's energy consumption structure impact real estate?

The concentration of population in rural areas, lower construction standards and less service-driven economy contribute to the divergence between the CEE region and Western European states when it comes to energy consumption structure, reveals Colliers in its recent report.

Finance   |   2 January, 2023 at 1:16 PM

Pehart extends syndicated loan to €78 million

Pehart Group, one of the largest tissue paper producers in Southeast Europe and the largest producer and processor of household paper products in Romania, is extending the syndicated loan obtained two years ago to €78 million.

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Energy

Orlen secures €1.8 billion for grid upgrade

Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.

Business

OMV Petrom builds sustainable fuels unit

OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.

Energy

TotalEnergies and Liquide decarbonize refineries

In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.