Adrem, a Romanian group specialized in services for the energy industry, borrowed over 32 million lei from ING Bank Romania. With these funds, Adrem aims to implement the company’s development plans, with an emphasis on energy efficiency services.

In the summer of 2022, the company obtained financing from the Polish capital market through a corporate bond issue. Thus, Adrem Energy Solutions SA issued bonds worth 12.35 million euros (the equivalent of almost 62 million lei, at the current exchange rate), the issue being governed by Polish bond legislation, according to Profit.ro.

Adrem is one of the largest suppliers in Romania of systems for smart grids, from complex general contracting works, SCADA type automation systems, to turnkey energy efficiency projects, including the installation of photovoltaic panels and the construction of charging stations for electric cars. The company ended 2023 with a turnover of approximately 280 million lei, more than 50% higher than in 2022. The Adrem Group consists of three companies: Adrem Invest, Adrem Engineering and Adrem Link. Adrem Invest offers complete services and solutions for the development and maintenance of utility networks. Adrem Engineering supports the digitization of the Romanian energy infrastructure through complex general entrepreneurship projects, and Adrem Link implements turnkey green energy and energy efficiency projects. The group has more than 1,500 employees throughout the country.