OMV Petrom, the largest integrated energy producer in Southeast Europe has made the final investment decision for Gabare, one of the largest integrated solar energy and battery storage projects in Bulgaria.
OMV Petrom (stock symbol: SNP), the largest company in Romania and most valuable firm listed at the Bucharest Stock Exchange, has announced the completion of drilling operations at the Krum-1 exploration well, the second exploration well drilled in the Han Asparuh Block, offshore Bulgaria.
Private equity fund Invenio Partners, headquartered in Bulgaria, which around a year and a half ago became a stakeholder in local coffee shop chain 5 to go, wants to invest as much as EUR30 million in three-four new companies of Romania in the next three-five years.