Romania's energy minister Sebastian-Ioan Burduja and Ion Sterian, Director-General of state-run natural gas transmission company Transgaz (TGN.RO), have signed two funding contracts for two investment projects.
Patristrans VT Logistic in Apahida, Cluj County, a company that transports general freight by road, ended last year with RON50 million (about EUR10 million) revenue, up 10% from the previous year and expects similar growth this year, its officials say.
Veolia Romania Integrated Solutions (VRSI), a member company of Veolia Romania and provider of operation, maintenance, and management services for water, sewerage, and thermal energy systems, on Jan. 15, 2024 signed an additional agreement extending until 2045 the concession contract targeting water and sewer services in the town of Otopeni.
Greece’s PPC Group, which officially became the owner of all Enel companies in Romania in 2023, estimates Romania’s electricity demand will increase by 10% by 2030, which means additional investments in clean energy sources are needed to stimulate the competitiveness of the economy.
Investment fund Early Game Ventures (EGV) has co-opted Florin Vişa as a partner, an expert with 24 years of experience in private equity, venture capital, M&A, and corporate finance in Central and Eastern Europe, EGV representatives said in a statement.