MEEMA has decided to extend the application period for the Start-Up Nation by three months
The Ministry of Economy, Energy and Business Environment has decided to extend by three months the period in which the…
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PMB approves on Thursday personnel expenses of 647 mln. lei for the 23 companies set up by Firea
The budget of the 23 companies of the Capital City Hall set up under the administration of the current mayor,…
Ford will resume production in Craiova starting May 4
Ford announced on Tuesday the gradual resumption of production of vehicles and engines at its main plants in Europe, starting…
The capping of car fuel prices should only apply to retail
The measure on capping the prices of motor fuels should apply only to their sale in distribution stations, depending on…
ANIS proposes three packages of measures for the development of Romania’s digitalization process
Three packages of measures aimed at digitalizing Romania were recently proposed by the representatives of the Employers’ Association of the…
OMV Petrom estimates a 45% drop in fuel demand in the second quarter
OMV Petrom estimates a 45% drop in fuel demand in the second quarter of this year and a 20% year-round…
Meyer: The listing of Hidroelectrica could take place in 2021
Bogdan Tudorache Listing Hidroelectrica is not possible this year, but next year, says Johan Meyer, CEO of Franklin Templeton Investments…
Electrica approved dividends worth 246 million lei
The shareholders of Electrica SA approved a gross dividend per share amounting to RON 0.7248, the payment date being June…
ELCEN has 400 million lei worth bad debts from Termoenergetica; it has already gone to court
In the few months since taking over the operation of the district heating network in Bucharest, TERMOENERGETICA has accumulated debts…
Common approaches for energy efficiency (video conference, April 28)
On April 28, Energynomics continued the series of meetings dedicated to energy efficiency in 2020 with an online video conference…
OMV Petrom: Operating results 21% lower in Q1, investments down by 30%
OMV Petrom had a 21% reduction in operating income to 975 million lei in the first quarter of this year.…
Electrica, affected by legislation and declining demand
Bogdan Tudorache The COVID-19 pandemic affects Electrica on two levels – through lower electricity demand and negative impact of the…
OMV Petrom has approved dividends of 1.76 billion lei for 2019
The Ordinary General Meeting of Shareholders of OMV Petrom (SNP) approved the proposal of the Management Board to distribute dividends…
Frames survey: 78% of entrepreneurs do not trust the plan to support the economy
Bogdan Tudorache About 78% of entrepreneurs surveyed by the consulting firm Frames do not trust the plan to support the…
The Fiscal Council estimates a deficit of 7.45% of GDP in 2020
The Fiscal Council considers that the macroeconomic scenario based on the Government, built on a decline in real GDP by…
Moody’s estimates decline of only 5% for Romania’s GDP
Moody’s Investors Service expects Romania’s government deficit to reach 7.7% of GDP in 2020, while the level of debt as…
Enel begins construction of the second 50 MW photovoltaic plant in Spain
Endesa, through its renewable energy generation subsidiary Enel Green Power España (EGPE), has started construction of the second photovoltaic (PV)…
PwC: Global companies report USD 42 bln. in losses due to cyber fraud in the last 2 years
The value of losses reported by global companies due to cyber fraud amounts to USD 42 billion in the last…
Green Group has completed its rebranding process
Green Group, the first recycling industrial park in Romania and one of the largest in Europe, completed the rebranding process…
Transgaz distributes 52% of net profit as dividends
The company that operates the national natural gas transmission system, Transgaz, will distribute a gross dividend of 15.47 lei/ share.…
E-Distribuție connects a new field hospital, supports the efforts of medical teams in the fight against Covid-19
E-Distribuţie Banat, the electricity distribution operator part of the Enel Group, will perform the works of connection to the electricity…
Energy Transition: CEEP asks for more, fresh money and better allocations
The costs of the energy transition are enormous and there is a clear need to increase the spending for the…
ANRE sets the gross rate of return of electricity and gas distributors at 6.19%
Bogdan Tudorache ANRE changed the rate of return of electricity distribution operators, setting a new index of 6.19%. “The regulated…