Established in Bucarest (Romania) the new subsidiary of the Group

TerniEnergia, a company active in the renewable energy sector, energy efficiency and waste management, listed on Star segment of Borsa Italiana, as a part of its development strategy and business internationalization has completed the establishment of TerniEnergia Romania Srl in Bucarest (Romania), a 100% subsidiary.

The romanian subsidiary will operate with maximum efficiency in carrying out the substantial program of activities in which the Group expects to develop in East Europe, considered to be strategic in terms of tendency for growth business related to renewable energy and environment. In particular, TerniEnergia Romania will be involved in preparatory activities to the develop new projects both in the energy sector, through the creation of additional photovoltaic palnts, both in the environmental sector, through the possible implementation of activities in the “circular economy” (material recovery).