Virgil Popescu: With the Green Deal, there is an urgent need to strengthen the electricity transmission grid
Strengthening the electricity transmission grid is becoming an urgent necessity, along with the Green Deal, writes the Minister of Energy,…
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A working group was set up to approve projects under measure 10C
The Minister of Energy, Virgil Popescu, approved the establishment of a working group at the level of the ministry to…
Ion Sterian, appointed for 4 years following the selection carried out according to corporate governance rules
The Board of Directors of Transgaz appointed Ion Sterian general manager of the company, following the conclusion of the selection…
OMV Petrom – net profit up by 13%, to 980 mln. lei in H1
OMV Petrom ended the first half of this year (H1) with a net profit of 980 million lei, up 13%…
Accenture: Organizations that migrate to cloud primarily as a one-time cost savings activity risk missing out on competitive advantages
A new report from Accenture has identified a select group of organizations that treat cloud as a new operating model…
Competition authorizes the EBRD – Vestmoldtransgaz deal
The Competition Council approved the operation by which the European Bank for Reconstruction and Development (EBRD) takes over a part…
Mintia thermal power plant closed amidst unions’ protests
Bogdan Tudorache The closure of the Mintia unit yesterday was marked by protests, on Monday night to Tuesday several employees…
TeraPlast Group – net profit up 71% in H1
During the first half of 2021 (H1), TeraPlast Group registered a turnover close to RON 273 million and an EBITDA…
E-Distribuție Dobrogea invests 1 mln. lei in the extension of the electricity grid in Năvodari
E-Distribuţie Dobrogea, the electricity distribution operator part of the Enel group, completed the works for the extensión by over 4.4…
Tesla earned more than $1 billion for the first time in a quarter
Thanks to a record number of vehicles delivered in the second quarter of this year, the American electric car manufacturer…
EU: 122m euro investment in innovative projects to decarbonise the economy
For the first time since the creation of the Innovation Fund, the European Union is investing 118 million euro in…
E.ON joins global initiative to protect tropical rainforests
E.ON is actively committed to climate protection and is the first energy company to join the LEAF coalition (Lowering Emissions…
Thermoenergetica – first step towards taking over Elcen
Termoenergetica București, the company subordinated to the Capital City Hall that deals with the distribution and supply of thermal energy…
AFM settled 13.5% of funding applications submitted in the Green House-Photovoltaics program
Three years after its launch, the Green House – Photovoltaic program of the Environmental Fund Agency (AFM) managed to finance…
Transgaz keeps last year’s dividend at 50%
Bogdan Tudorache The Ordinary General Meeting of Transgaz Shareholders decided on Monday, July 26, to keep the value of the…
E.ON has installed a photovoltaic power plant for Wetterbest
E.ON Energie Romania and Wetterbest, one of the main manufacturers of roofing systems, have completed a project worth over 245,000…
Romania’s crude oil imports increased by 30.5% in the first five months
Romania imported, in the first five months of 2021, a quantity of crude oil of 3.383 million tons of oil…
New cable between Germany and UK advances Europe’s integrated power system
One of the first project financed interconnectors in Europe is due to be built between Germany and the UK by…
Enel X and Hubject set up partnership to expand the charging point network in Romania
Enel X Romania, a subsidiary of Enel X, the Enel Group’s advanced energy services business line, has signed an agreement…
Energy Community Secretariat supports trans-regional cooperation on development of integrated SEEGAS market
On 21 July 2021, a Memorandum of Understanding about trans-regional cooperation on the development of an integrated South-Eastern and Eastern…
EC opened 40 infringement proceedings last year against Romania
Last year the European Commission opened 40 new cases of non-compliance by Romania, up about 5% compared to 2019, when…
The price paid by Romanians for electricity has risen faster than the European average in the last 11 years
The price paid by the population for electricity has increased by 50% since 2009; more than half of the increase…
Romania’s natural gas distribution network has increased 4 times in 30 years
Romania’s natural gas distribution network has increased 4 times in the last three decades, from 10,772 kilometers in 1990 to…