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Koncar, Electromontaj partner for 188 mln euro HPP overhaul deal
Koncar, Electromontaj partner for 188 mln euro HPP overhaul deal

Croatian electrical engineering firm Koncar Elektroindustrija [ZSE:KOEI] said on Friday its subsidiary Koncar – Engineering has signed a deal as part of a consortium led by Electromontaj to carry out the revitalisation of Hidroelectrica's Vidraru hydropower plant in Romania.

addedJun 28, 2024
Countries stories
Deals in energy
View all news from Deals in energy

Dutch-based DRI, the renewable energy arm of Ukrainian energy holding The DTEK Group, said on Tuesday that it acquired a 126 MW solar photovoltaic (PV) project in Romania's southern commune of Vacaresti, Dambovita county, from undisclosed local developers.

Chinese investments in SEE
View all news from Chinese investments in SEE

Bulgarian car parts manufacturer ZS Europe, part of China's Shanghai Unison Aluminium Products, is investing nearly 19 million levs ($10.6 million/9.7 million euro) in a new high-tech plant, the innovation ministry in Sofia said on Monday.

Economic outlook
View all news from Economic outlook

The majority of investors foresee an increase in Romania's appeal as an investment destination over the next three years despite a 13% annual drop in foreign direct investment (FDI) in the country in 2023, according to a poll by consultancy EY.

Dutch-based DRI, the renewable energy arm of Ukrainian energy holding The DTEK Group, said on Tuesday that it acquired a 126 MW solar photovoltaic (PV) project in Romania's southern commune of Vacaresti, Dambovita county, from undisclosed local developers.

Bulgarian car parts manufacturer ZS Europe, part of China's Shanghai Unison Aluminium Products, is investing nearly 19 million levs ($10.6 million/9.7 million euro) in a new high-tech plant, the innovation ministry in Sofia said on Monday.

The majority of investors foresee an increase in Romania's appeal as an investment destination over the next three years despite a 13% annual drop in foreign direct investment (FDI) in the country in 2023, according to a poll by consultancy EY.

Despite geopolitical turbulence, soaring inflation and declining demand, the biggest companies in Southeast Europe booked double-digit growth in both revenues and profit in the fiscal year ended December 31, 2022. See details in SeeNews’ SEE TOP 100 – the only annual ranking of the biggest companies, banks and insurers in Southeast Europe
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