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Top thediplomat.ro News

Intesa Sanpaolo Bank Romania and First Bank enter the final stage of the merger process

Romania · Romania

Intesa Sanpaolo Bank Romania and First Bank enter the final stage of the merger process

100% Right coverage: 1 sources

The merger process between Intesa Sanpaolo Bank Romania and First Bank has entered its final stage. The merger is scheduled to be completed on October 31, 2025, subject to the fulfillment of all legal and regulatory requirements, including obtaining the necessary approvals from the competent authorities. Upon completion of this complex process, First Bank will merge by absorption with Intesa Sanpaolo Bank Romania, and the portfolio of clients, p…See the Story

German company STIHL opens its first battery-exclusive plant in Oradea following 125 million euros investment

Oradea · Oradea

German company STIHL opens its first battery-exclusive plant in Oradea following 125 million euros investment

The German family-owned STIHL Group has officially inaugurated its first battery-only production site in Oradea, Romania. The investment of 125 million euros marks a major milestone in the company’s transformation toward battery technology and strengthens its European manufacturing footprint. The new facility has become STIHL’s European center of competence for the production of battery packs and battery-powered tools, adding a key hub to the Gr…See the Story

EXCLUSIVE NEPI Rockcastle to Develop Two New Solar Parks in Romania with a Total Investment of 70 Million Euros

Romania · Romania

EXCLUSIVE NEPI Rockcastle to Develop Two New Solar Parks in Romania with a Total Investment of 70 Million Euros

NEPI Rockcastle is moving forward with its green energy strategy in Romania. Following the inauguration of its first solar park in Arad County with an installed capacity of 54 MW, the company has announced the development of two additional photovoltaic projects in Prahova County. “We are preparing two new solar projects in Prahova County — the first with a capacity of 59 MW and the second with 47 MW. These are neighboring projects; the first wil…See the Story

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