Browsing: DEER

Distributie Energie Electrica Romania (DEER) is spearheading a major investment initiative to modernize and expand the electricity distribution infrastructure in Maramures County, located in Romania’s northern…

Mihaela Sucia, CEO of Distributie Energie Electrica Romania (DEER), announced that the company will invest approximately 100 million euros each year to modernize its electricity distribution…

Distributie Energie Electrica Romania (DEER) has launched a public tender for the procurement of 1.1 million smart meters, with a maximum value of €74.3 million. This…

The Board of Directors of the Electrica Group approved the consolidated value of the investment plan (CAPEX) for the year 2024, in the total amount of…

Romanian company Electrica reached a net profit of 21.4 million euros in the first half of 2023, compared to a loss of 35.5 million euros in…

Electricity distribution network operator Distributie Energie Electrica Romania (DEER) received 57 million euros of non-refundable European financing through the Modernization Fund.  The amount represents 80%…

The European Bank for Reconstruction and Development (EBRD) said that it is considering providing a loan worth 49 million euros to Romanian electricity distributor Distributie Energie…