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Greece’s PPC buys Enel Romania in a deal valued at 1.9 billion euros
Enel Spa, Italy’s largest utility, will sell its Romanian operations to Greece’s Public Power Corp (PPC) for 1.26 billion euros…
Delgaz Grid plans to absorb 700 mln. euro from European funds until 2030
The Delgaz Grid company, part of the E.ON group in Romania, plans to attract, in the coming years, 700 million…
PwC: The local M&A market grew to 5.4 bln. euro in 2022, thanks to Neptun Deep
The mergers and acquisitions market in Romania, transactions signed and concluded, reached 5.4 billion euros last year, surpassing the pre-pandemic…
First Rompetrol integrated service centers and gas stations on the A1 Nadlac-Sibiu motorway
The Kazakh-Romanian Energy Investment Fund (KREIF) and Rompetrol Downstream – the retail structural subdivision of the KMG International Group in…
DEER signs a service and software contract with Bento for 32 mln. lei
Bento, a Romanian company specialized in the development and implementation of software solutions and the provision of IT and Cloud…
Eight candidates for the Romgaz Board of Directors, for a four-year term
Eight candidates registered for the elections for the Romgaz Board of Directors (SNG), for a four-year term, which will take…
Project of the first floating solar power plant in Bulgaria, presented in Sofia
A major project to build Bulgaria’s first floating solar power plant was presented in Sofia. The construction of the plant…
Nicolescu: A petition regarding Schengen will be discussed in the EP in an emergency procedure
The petition regarding Romania’s entry into the Schengen area submitted in January by the Association for Clean Energy and Combating…
BASF and Tenova enter into a joint development agreement for recycling lithium-ion batteries
BASF, a leading battery materials producer, has entered into a long-term collaboration agreement with Tenova Advanced Technologies (TAT) of Yokneam,…
Deloitte: Circular economy can reduce by almost one third the global resource and material consumption
Circular economy can reduce by almost one third the current global volume of resource and material consumption by extending the…
Electrica: Profit of 559 million lei, revenues up by 39% in 2022
In 2022, the net profit of the Electrica Group was 559 million lei, the result being generated, mainly, by the…
Nuclearelectrica advances Cernavoda U1 Refurbishment Project through new agreement with SNC-Lavalin
Nuclearelectrica advances Cernavoda NPP Unit 1 Refurbishment Project by selecting Candu Energy Inc., a member of the SNC-Lavalin Group to…
New Continental R&D center in Timișoara uses Schneider Electric equipment
Schneider Electric Romania has completed equipping the buildings of the Continental Automotive Research and Development Center in Timișoara, with electrical…
Hidroelectrica will appoint a new Supervisory Board by the end of March
Hidroelectrica will have a new Supervisory Board by the end of March, following the decision of the Bucharest Court of…
Deloitte: Insurance sector, crucial role in the transition to a low carbon economy
Insurers’ growth and profitability will most likely be negatively impacted in 2023 by the current macroeconomic and geopolitical challenges such…
Siemens Energy to supply key components for the Mintia combined cycle power plant
Siemens Energy and independent power producer Mass Global Energy Rom have signed a contract for the supply of the HL-class…
Simtel Team invests in a virtual platform that optimizes energy production and consumption
Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a…
AE Solar to invest 1 billion euros in a solar panel factory in Romania
Prime Minister Nicolae Ciucă met, at the Victoria Palace, representatives of the AE SOLAR company and the Black Sea Universities…
Mass Global will invest 1 billion euros at Mintia in an over 1,500 MW Siemens gas-fired power plant
Prime Minister Nicolae-Ionel Ciucă met at the Victoria Palace with representatives of the Mass Global Energy Rom company, which purchased…
EC welcomes Enel’s donation of 3Sun solar PV panels to Ukraine
By launching the project “Ray of hope” with Enel, the European Commission is taking a first step as part of…
Premier Energy to modernize electricity grid around Chișinău
The European Bank for Reconstruction and Development (EBRD) is lending 30 million dollars to ICS Premier Energy Distribution S.A., Moldova’s…
Russia cuts currency sales as energy exports stabilize
Russia will reduce the amount of currency it plans to sell by early April as energy export earnings show signs…