PPC blue, the electric mobility arm of PPC group in Romania, has taken over Hermes Flow network that comprises 116 EV charging stations, of which 72 unit in Bucharest-Ilfov and the rest distributed in 10 counties of Romania.
Housing prices have risen by as much as 100% in major cities of Romania in the past six years and Bucharest administrative crunch swells market pressure. Bucharest registered a 45% decline in building permits in the past three years, which is severely constraining new house supply.