Romania: Romania allocates EUR 250 mln from Modernisation Fund to smart (…)

July 20, 2026

Romania allocates EUR 250 mln from Modernisation Fund to smart meters and energy storage
Jul 20, 2026

Romania allocates EUR 250 mln from Modernisation Fund to smart meters and energy storage.

Romania will allocate EUR 250 million from the EU Modernisation Fund to expand electricity storage capacity and accelerate the rollout of smart (…)

[Read the article in Romania-Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

Poultry Producer Safir Completes EUR32M Investment In Protein Flour Plant Poultry and poultry product company Safir, a business owned by Safir family of Vaslui, completed a EUR32 million in investment in a protein flour plant, which was initially announced two years ago.

Jelna Winery Operator Drosera Comserv Posts 38% Growth In Revenue To RON76.4M In 2025 Drosera Comserv, the operator of the Jelna winery in Bistrita-Nasaud County, owned by brothers Ovidiu and Daniel Moldovan, posted RON76.4 million (EUR15.1 million) revenue in 2025, up by 38% compared with the previous year’s about RON55.4 million (EUR11.1 million), according to Finance Ministry (…)

Packaging Maker Electric Ends 2025 With EUR19M Turnover, Up 5.4% YoY Focsani-based packaging maker Electric, owned by Buzaianu family, ended 2025 with a turnover of RON95.8 million (EUR19 million), up 5.4% from RON90.9 million (EUR18.3 million) reported in 2024, in line with calculations by Ziarul Financiar (ZF) daily based on finance ministry data.

Bittnet Launches Bond Issue On July 24, Seeks To Raise Up To EUR15M IT group Bittnet Systems (BNET.RO) on Monday notified the capital market about a new public offering for the sale of corporate bonds, under the BNET31E ticker, whose prospectus the Financial Supervisory Authority has recently approved.

Finance Ministry Raises Nearly RON229M Via Bond Issue On July 20 Romania's Finance Ministry raised RON228.5 million from banks on Monday (July 20) by reopening a bond issue due in October 2036, above the planned amount of RON200 million.

Romanian-American University and MONZA Hospital announce scholarships for the General Nursing study programme Romanian-American University and MONZA Hospital have signed a cooperation agreement aimed at strengthening the partnership between academia and the healthcare sector and supporting the education of future healthcare professionals. A key component of this partnership is the granting of a (…)

BCR Asigurari De Viata VIG Ends Q1, 2026 With RON252M Gross Written Premiums BCR Asigurari de Viata VIG ended the fist quarter of 2026 with RON252 million gross written premiums, an increase of 45%, and its market share on the life insurance market rose to 16% from 14% in the first quarter of 2025.