Sweden adds name to growing list of coal-free states in Europe
Sweden has become the third European country to eliminate coal from electricity production, after its last coal power plant permanently…
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CIECH Soda approved the collective redundancy plan in Romania
CIECH Soda Romania has already approved, in the first part of the month, a collective redundancy plan within the company,…
Refurbishment of the Vidraru hydropower plant is being postponed again
The tender for the refurbishment of the Vidraru hydropower plant was canceled, according to the information appearing in the electronic…
Gold reached a new all-time high on Friday, at almost 250 lei/gram
The gram of gold rose, on Friday, by 49.79 bani (0.19%), to a quotation of 249.9219 lei, from 249.4240 lei,…
Minister of Economy: Dacia and Ford plants will resume their activity on May 4
The production of cars from Dacia and Ford will resume on May 4, the Minister of Economy, Energy and Business…
Virgil Popescu promises that Romania will not return to the old pre-crisis economy
Romania is preparing to get out of quarantine but officials say the economy will not be the same, their intention…
EBRD has a new country strategy for Romania; focus on infrastructure, productivity growth and the financial sector
The Board of Directors of the European Bank for Reconstruction and Development (EBRD) approved on Friday the new strategy for…
Romgaz: 1.5 mln. lei support for Alba County Emergency Hospital
Romgaz announced that it is directing the money allocated to sponsorships for the medical sector to hospitals in the country…
Efficient Romania: Energy renovation of buildings can contribute to Romania’s economic recovery after the Covid-19 crisis
Bogdan Tudorache Starting a national investment program in building renovation, to increase energy efficiency and housing quality, would be one…
Mărculescu: Supervisory Board of CE Oltenia revoked the old management
The Supervisory Board of CE Oltenia decided yesterday to dismiss the former management, implicitly of the former general manager Sorin…
MOL Romania supports the fight against coronavirus with another 400,000 euro
Bogdan Tudorache MOL Romania supports the efforts to fight the new coronavirus by granting 400,000 euro to the Dăruiește Viață…
H2 2019: Approximately 2,000 electric and hybrid cars, registered in Romania
About 1,960 electric and plug-in hybrid electric cars were registered in Romania in the second semester (S2) of 2019, so…
Sales of new motorcycles increased in Romania by 14.7% in Q1
New motorcycle registrations increased in Romania by 14.7% in the first three months of 2020, compared to the same period…
Oros: For irrigations, we buy electricity directly from Hidroelectrica, not from smart guys
The electricity used for irrigations will be bought directly from Hidroelectrica and not from the “smart boys”, at very high…
Oil Terminal decided to distribute 50% of last year’s profit to shareholders
The shareholders of Oil Terminal (OIL) decided to distribute 50% of last year’s profit, respectively 1.13 million lei, according to…
Romgaz shareholders approved the distribution of dividends worth 620 mln. lei
The shareholders of Romgaz (SNG) approved, today, the distribution of dividends of 535.7 million lei, respectively a gross dividend of…
ROMATOM: Romanian nuclear industry requests the EC to set up a group of independent experts
Bogdan Tudorache Romanian nuclear industry calls on the European institutions to unequivocally reconsider its role in order to achieve a…
Mercedes-Benz gives up on fuel cell cars – report
Daimler subsidiary Mercedes-Benz has given up on fuel cell-powered hydrogen cars. Mercedes-Benz will soon stop production of its only fuel…
Roland Berger’s Romanian E-Mobility Index shows strong increase in demand for electric-powered vehicles
Demand growth for electric powered vehicles has accelerated in 2019 H2, shows the second edition of the Romanian E-Mobility Index…
Dedeman installs PV power plants on the roofs of its stores
Dedeman, a company founded by the brothers Dragoș and Adrian Pavăl, announces that it is installing photovoltaic power plants on…
Teams of Oltenia Distribution have so far serviced over 125 electrical deficiencies that affected the power supply of people in isolation
With increased caution, the electricians Distribuţie Oltenia intervened and serviced the electrical deficiencies in places of consumption with people in…
IFC Invests EUR 18.5 mln. in EFSE to boost lending to MSMEs in the ECA Region
IFC, a member of the World Bank Group, is investing €18.5 million in the European Fund for Southeast Europe SA,…
Cîţu: Romania’s economy will emerge from this crisis better than we expect
The Minister of Finance, Florin Cîţu, said that the Romanian economy will emerge from this crisis better than expected and…