ENGIE to build an 8.6 MWp photovoltaic park for Saint-Gobain Romania
ENGIE Romania and Saint-Gobain Romania have announced a partnership to build the largest photovoltaic park in Romania, located on the…
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Transgaz made a profit of almost 268 mln. lei, up 70%, in Q1
In the first quarter of this year, Transgaz registered a net profit of 267.918 million lei, up 70% compared to…
Giles Dickson: REPowerEU is the strategy we need to accelerate investments in renewables
European Commission will present on Wednesday its new energy strategy REPowerEU, and this is how we can accelerate investments in…
Pignoloni: Renewable energy could lower prices nationally and regionally
Renewable energy is essential to achieve energy independence and could lead to lower prices at national and regional level, said…
Gas prices in Europe continue to fall following the Commission’s clarifications on the payment of Russian gas
Reference prices for natural gas in Europe continued to fall on Tuesday, after the European Commission clarified how EU companies…
Catherine MacGregor: Engie will pay in euro for Russian gas
Engie will pay Gazprom in euro for Russian gas, CEO Catherine MacGregor announced on Tuesday, Reuters reports. “We’ll pay in…
Reopening the magnesium and graphite mines could begin in 2023
The process of reopening the magnesium and graphite mines could start in 2023, with certain quality conditions regarding the graphite,…
Romania’s economy grew by 5.2% in the first three months of 2022
Romania’s economy grew by 5.2% in the first quarter of this year compared to the previous quarter, while compared to…
Oradea wants 16 million euros from NRRP for trams and electric charging stations
Oradea continues to modernize its public transport system by purchasing new trams and electric charging stations, reports Transilvania Business. Local…
Marius Dan, FP: Hidroelectrica’s public offering – the most important listing in recent years in CEE
Fondul Proprietatea hopes that “Hidroelectrica’s IPO will be the largest in Central and Eastern Europe in the last six to…
EY: Geopolitical priorities are shifting across Europe and energy is no exception
The current geopolitical framework forced European countries to redefine their energy relationships and initiate quick steps to become energy independent,…
Rompetrol records a loss of 132 mln. USD in Q1, despite the increase in turnover
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), had a gross turnover of 1.17 billion USD in…
EC halved its estimates for the growth of the Romanian economy in 2022
After a robust growth in 2021, Romania’s economy is expected to slow to 2.6% in 2022, as inflation reduces disposable…
Electrica posted a loss of 158 mln. lei in Q1 despite a 52% increase in turnover
Electrica posted a loss of 157.8 million lei after the first quarter of this year (Q1), compared to the same…
Romgaz’s profit doubles in Q1, margins remain high
In the first quarter (Q1) 2022, Romgaz Group recorded a revenue of RON 3,925.8 million, increased by 195.78%, namely RON…
Budget for the green car subsidy program for businesses, finished in less than two hours
The budget for the “Rabla Plus” program allocated to legal entities has been exhausted in less than two hours from…
Florin Spătaru: Ford’s Craiova plant aims for an electric future, transition to electro-mobility is an important goal
Economy Minister Florin Spataru met on Friday with Ford of Romania President Josephine Payne and other members of the company’s…
NGOs call for demolishing Nord Stream 2 to avoid environmental damages
Environmental NGOs warn that leaving the unused Nord Stream 2 pipeline at the bottom of the Baltic Sea could cause…
Fitch Ratings gives E.ON a positive and stable rating following its recent mandate
The E.ON Group has announced that it has recently commissioned the rating agency Fitch to give it a new rating,…
Romanians began to save on electricity – household consumption fell by 4.4% in Q1
Romanian households electricity consumption was lower by 4.4% between January and March 2022, compared to the same period last year,…
Gazprom will no longer use Yamal-Europe for gas transit via Poland
Russia’s Gazprom Group said it will no longer be able to export natural gas through Poland via the Yamal-Europe pipeline,…
Electrohold, buyer of CEZ assets in Bulgaria, targets digitalization and e-services
Electrohold, part of the largest public holding in Bulgaria – Eurohold, launched its new visual and corporate identity at an…
10 million euro for the rehabilitation of heating points in Oradea – one month to submit projects
Oradea City Hall has started a European project of about 10 million euros, excluding VAT, for the rehabilitation of the…