OMV Petrom, a key player in the energy sector, is set to significantly bolster its renewable energy portfolio with two strategic acquisitions. The company is purchasing a 50% stake in Electrocentrale Borzesti from RNV Infrastructure. This acquisition includes roughly 1 GW of renewable energy projects, comprising 950 MW from wind energy and 50 MW from photovoltaic...

Drutex, a renowned Polish producer of windows, doors, roller blinds, and facade blinds, is set to initiate the construction of a significant new facility in the early months of the year, either January or February. This expansion, expected to double the company's manufacturing capacity, will be situated on a 30-hectare site. The development will encompass three...

Swedish sustainable battery cell and system manufacturer Northvolt is expanding its presence in Gdańsk. The company, which currently has over 350 staff at its Northvolt 2 battery systems and energy storage facility in Gdańsk, is set to establish a new Business Scaling Center and a Research & Development Center for IT services in the city. The recruitment...

LDZ Cargo, the Latvian rail freight operator, is actively broadening its reach in the Baltic region, having recently won significant contracts in Estonia and secured access to Lithuania's rail infrastructure. This strategic expansion is in line with the company's goal to establish itself as a key rail operator in the region. In a notable achievement, LDZ Cargo...

Compal Electronics, a leading manufacturer of notebook computers, is set to diversify its global production capabilities by establishing its inaugural automotive electronics manufacturing facility in Europe. This strategic move aims to mitigate geopolitical risks and respond to the deceleration in the PC market. In a recent announcement, Compal President Martin...