Retele Electrice Romania, part of PPC Group in Romania, has launched a public tender on the electronic public procurement platform SEAP, worth about RON30 million (excluding VAT), for the modernization of the 110/20 kV Sannicolau Mare transformer station in Timis County.
Romania's finance ministry has announced the start of a pre-stabilization period on March 26 for a new issuance of euro-denominated bonds, via two tranches with 7 and 14-year maturities, which will subsequently be listed on the Luxembourg Stock Exchange.