Data centers in Romania consume about 1.5 billion kWh of electricity annually, which represents about 3% of the total of about 50,818 billion kWh nationwide, according to Tema Energy, Data Center Forum Romania conference’s organizer, now in its fifth edition. In 2019 this percentage was 2.1%, according to Tema Energy estimates, but the intense digitalization in recent years, the emergence […]

The first quarter of 2022 was characterized by significantly higher energy and raw materials prices as well as supply chain disruptions. “Nevertheless, we had a very good start to the year 2022,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE, at the company’s virtual Annual Shareholders’ Meeting this year. BASF had already released preliminary […]

River Development announces that International Institution SEK Bucharest International School is opening its first school in Romania in a building in Sema Parc, for current educational activities and future expansion. The transaction was brokered by ESOP Consulting, a local real estate consulting firm. Founded in 1892, the International Institution SEK Bucharest International School offers its students a program of trilingual […]