State-run Hidroelectrica (stock symbol: H2O.RO), the largest electricity generation company in Romania, has signed a contract with the winning bidder of a tender for the Li-ion battery storage project in the Crucea Nord Wind Farm.
Romania's Finance Ministry raised RON897 million from banks on Monday (April 7), selling government paper in two auctions, at annual average yields of 7.10% and 7.22%, respectively.
BRD acted as Green Loan Coordinator for the RON1.7 billion loan granted by a syndicate of banks to the company Distributie Energie Oltenia (DEO), the electricity distribution company in the Oltenia region and one of the four electricity distributors in Romania.
The National Bank of Romania (NBR) has decided at its Board meeting on Monday (April 7, 2025) to keep its key interest rate unchanged at 6.5% a year, being the bank's third consecutive rate freeze so far in 2025.
Astra Rail Industries, a company controlled by U.S. giant Greenbrier, has decided to close the railcar factory in Romania's Arad.