Lungu, AFEER: Suppliers should be supported by low interest loans
Bogdan Tudorache AFEER President Ion Lungu believes that suppliers should be supported by the possibility of being able to get…
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Oil prices still low after sharp losses caused by US stockpile surge
Oil prices fell on Thursday after OPEC lowered its global oil demand forecast due to the “historic shock” delivered by…
Dragu, E.ON: Delaying the payment of invoices is an unfortunate solution; gov’t has to come with liquidity injection
Delaying the payment of electricity bills is an unfortunate solution for the energy system, instead the Government should inject liquidity…
EY: More than half of business leaders believe that the recovery period will extend to 2021
Nearly three-quarters (73%) of global executives estimate that the COVID-19 pandemic will have a strong impact on the economy, and…
ANRE has approved the order regarding the connection of prosumers to the electrical networks of public interest
The Regulatory Committee of the National Energy Regulatory Authority approved the Order on the Connection of Prosumers to the Public…
Enel X and HERE Technologies launch “City Analytics – Mobility Map” to support government agencies
To support the response to the COVID-19 emergency, Enel X, the innovative global business line of the Enel Group, and…
Hidroelectrica will invest in a research center for renewable energy
Hidroelectrica, the largest electricity producer in the country, has included in the budget for this year, in the chapter “investments”…
The Export Promotion Program will be reformulated
The Export Promotion Program will be analyzed, rethought and adapted to the new conditions, said Virgil Popescu, Minister of Economy,…
More Germans dissatisfied with energy transition’s implementation – survey
A vast majority of Germans continue to support the energy transition in principle but there is growing frustration about its…
Electrica’s objective is a balanced portfolio including renewables
Undergoing an ambitious process of internal transformation, Electrica group is facing this year rather unclear market conditions after the legislative…
EPG: Emergency short-term solutions should be combined with measures for a smooth and sustainable post-crisis recovery
EPG pleads for the need of an economic recovery plan as response to the Covid-19 crisis, especially in Romania and…
Record Results For Photon Energy in 2019
Photon Energy N.V. announced record audited financial results for 2019, with consolidated revenues up by 48.9% to EUR 30.15 million,…
Andrei Căvescu, AON Romania: The new risks are now insurable too
The legislative risk is among the biggest risks that may lead to financial risks, according to the Global Risk Management…
Corina Popescu, Electrica SA: The crisis caused by the Covid-19 pandemic has set our work on new principles
2020 was going to be a year of preparations and challenges raised by the new rules and procedures introduced by…
Romgaz Vs. SIF Moldova: Dividends were affected by the Coronavirus crisis
SIF Moldova (SIF2), a shareholder with investments of 267 million lei in Romgaz, considers that the dividend of 1.61 lei…
Havrileț: Electricity prices could be liberalized in advance, starting July 1st
In the context of the significant reduction of the price of electricity on the wholesale market, the government plans to…
INS: The turnover in the industry increased by 4.3% in the first two months
Industry business increased by 4.3% in the first two months of 2020, compared to the same period last year, following…
The current account deficit increased by 84% in the first two months of 2020
The deficit of the current account of the balance of payments increased by 84.65% in the first two months of…
Foreign direct investment decreased by over 70% in the first two months of 2020
Foreign direct investments fell by 70.86% in the first two months of this year, to 409 million euro, compared with…
Electrica Furnizare grants a sponsorship worth 30,000 euro to the County Emergency Hospital Drobeta-Turnu Severin
Electrica Furnizare grants a sponsorship worth 30,000 euro to the Drobeta-Turnu Severin County Emergency Hospital, for the purchase of medical…
IMF predicts that Romania’s economy will shrink by 5% in 2020
The International Monetary Fund (IMF) has revised significantly the estimates of the evolution of the Romanian economy this year, in…
CEZ: Basic food for 1,750 vulnerable elderly during the Easter season
This year, approaching gestures, visits and time spent with seniors should be replaced with responsible actions designed to protect and…
CEZ donates about 800,000 lei to the local community
CEZ feeds its #energiepentrubine network, actively engaging in the fight against COVID-19, with donations of medical equipment and food to…