Electrica (EL.RO), an electricity supply, distribution and generation company, plans to build in partnership with Electrocentrale Grup a state-of-the-art combined cycle plant powered by natural gas and integrating the hydrogen component and storage facilities, with a maximum nameplate capacity of 500 MW. The project was devised to be implemented in Fantanele, Mures County.
Accor, a leading global hospitality group, announces the signing of a franchise agreement with local partner Grand Hotel West for the opening of a new Mercure hotel, in Romania's northwestern city of Oradea, in 2026.
Global law firm Dentons has advised CEC Bank on raising over EUR162 million through a tap of its February 2028 senior non-preferred MREL (Minimum Requirement for Own Funds and Eligible Liabilities) Eligible Notes, issued in February 2023.