On August 1, 2024, the distribution operator Distribuție Oltenia obtained financing through the Modernization Fund from the Ministry of Energy for 13 projects, in the entire operational area of ​​Argeș, Dolj, Gorj, Mehedinți, Olt, Teleorman and Vâlcea counties. The projects aim to continue the modernization of the electricity distribution network, with investments amounting to over 930 million lei.

Through its development strategy, Distribuție Oltenia aims to improve the level of safety in electricity distribution and reduce energy losses.

The vision of Distribuție Oltenia is to become a modern company, flexible and able to respond to any challenges raised by the evolution of technologies in the distribution of electricity, at the same time satisfying the demands of consumers.

“The accelerated growth of the number of prosumers, together with the meteorological changes of recent years, confirmed our belief in the need to invest in energy infrastructure. The currently funded modernization projects will define how Romania will successfully achieve the energy transition in the coming decades. We remain committed to achieving climate neutrality goals, digitizing the energy sector and modernizing infrastructure to bring long-term benefits to our consumers,” said Ondrej Safar, Country Manager, Evryo Group.

Through the Modernization Fund, Distribuție Oltenia received financing worth over 930 million lei and is investing over 322 million lei from its own sources.