Dacian Petroleum buys 40 perimeters from OMV Petrom for almost USD 18 mln
Dacian Petroleum will buy 40 OMV Petrom fields located in the south of Romania and with a cumulative oil and…
Acasă »
All posts
OPEC cut its oil demand estimates for 2020
Global oil demand will fall more sharply this year than previously forecast due to the coronavirus pandemic (COVID-19) and there…
Ember: Wind turbines and solar panels produced 10% of global electricity
Wind turbines and solar panels produced a record 10% of global electricity in the first half of 2020, following the…
Prime minister’s control body found irregularities at Transelectrica and the Smart subsidiary
The Prime Minister’s control body completed a control at Transelectrica and its Smart subsidiary, following which it discovered irregularities in…
eMag invests 90 mln. Euro in a “green” logistics center of 130,000 sqm
Online retailer eMag is investing 90 million euro in a new 130,000 sqm logistics center, located at kilometer 19 of…
Foreign direct investment fell to 352 million euro in H1
The direct investments of non-residents in Romania decreased to 352 million euro in the first half of this year (H1),…
Pewete chose Romania in order to create a hub of services for Europe
Pewete Evo Europe SRL appeared on the Romanian well services market in 2018, but the General Manager, George Căpățînă is…
Mintia trade unionists threaten to stop the activity on August 18
The employees of the Mintia Thermal Power Plant are threatening to stop working since next week, on August 18, on…
E.ON is lowering its outlook for 2020 due to the effects of the pandemic
E.ON, Germany’s largest energy group, cut its estimates for this year’s results on Wednesday as the crisis hit its grid…
PwC: 53% of entrepreneurs in CEE predict revenue declines over the next 12 months and only 7% expect growth
More than half (53%) of Central and Eastern European (CEE) entrepreneurs predict revenue declines over the next year due to…
Alexe: Parliament approves compost law, recycling awareness campaigns to be launched
Parliament recently approved the compost law, so all Romania’s territorial administrative units are required to organize separate collection of the…
Industry revenue fell 14% in the first six months, energy industry – decline of more than 30%
Total industry turnover (internal market and external market), in nominal terms, decreased by 14% in the first six months compared…
Electricity consumption fell by 7.1% in H1, imports doubled
Romania’s national electricity consumption was of 25.7 TWh, 7.1% lower in the first half of this year (H1), compared to…
Pandemic affected revenues and sales of more than 55% of companies
The pandemic affected revenues and sales of more than 55% of companies, and 39% had to temporarily shut down, Andrei…
Annual inflation rate rose to 2.8% in July
The annual inflation rate rose to 2.8% in July this year, from 2.6% in June, given that food prices rose…
Senate: The Energy Strategy and the PNIESC must be adopted by Parliament
The Senate adopted, on Tuesday, a draft law stipulating that Romania’s Energy Strategy and the Integrated National Plan in the…
Gas consumers will support the connection of new industrial customers to the grid
Gas consumers will bear the costs of connection to the grid of the industrial players with projects smaller than 2.5…
Enel X Romania launches EV charging points network in Bucharest and surrounding areas
Enel X Romania, a subsidiary of the Enel Group’s advanced energy services business line, Enel X, has installed and put…
EC approved the acquisition of Borealis by OMV
The European Commission has approved, according to EU merger regulations, the acquisition of plastics producer Borealis AG by OMV Aktiengesellschaft…
PKN Orlen is seeking EC approval for the merger with gas company PGNiG
Poland’s largest refinery, PKN Orlen, will try to get European Commission approval this year for the planned takeover of gas…
BMW Group reaffirms outlook for full year 2020, profit of about 500 mln. EUR for H1
The BMW Group remains on course towards achieving its targets for the full year, says the company. After implementing controlled…
Mercedes-Benz and CATL team up for future battery technology
Mercedes-Benz and CATL (Contemporary Amperex Technology Co., Limited) have entered the next stage of their strategic partnership and will create…
EC investigates the 95 mln. euro aid granted by Poland to the battery manufacturer LG Chem
The European Commission (EC) has launched an in-depth investigation into Poland’s plan to provide a 95 million euro state aid…