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The Minister of Economy promises 100% subsidies for photovoltaics in hotels
Virgil Popescu announced that the Ministry of Economy is working on a support program through which hoteliers can reduce their…
3 Green Deal priorities – renewable energy, clean mobility, energy efficient houses
EU energy ministers express strong support for the European Green Deal as an essential part of the EU’s recovery strategy…
Urban Mobility: City halls gain new European funding for electric buses
Bogdan Tudorache The city halls of Târgovişte, Fetești, Slobozia and Craiova announced the implementation of new projects in the field…
Petromidia: Declining gross margin, but sales kept constant, in 2019
Bogdan Tudorache The refining segment’s financial results in 2019 were negatively affected by unfavorable market conditions, Petromidia’s gross refinery margin…
Verchere, about the Neptune Deep project: Time is not on our side
OMV Petrom wants to continue the Neptun Deep project, but legislative changes are needed to ensure stability, fiscal competitiveness and…
UNTRR: 30% of Romanian international road haulage companies will not survive the coronavirus crisis
Approximately 30% of Romanian international road haulage companies in the European Union will not be able to survive the coronavirus…
Europe’s steel industry must invest 100 bln. euro for climate neutrality by 2050 – study
At least 100 billion euros of investments are necessary to make European steel production climate neutral by 2050, according to…
Merkel endorses proposal to raise 2030 EU emission reduction target
German Chancellor Angela Merkel has said she welcomes the proposal by the European Commission to raise the bloc’s greenhouse gas…
Petrom’s Brazi gas plant will produce more electricity this year
The gas power plant in Brazi produced 1.12 TWh of electricity in the first quarter of the year, a slight…
Conpet approved dividends worth 61 million lei
Conpet informs that based on the Decision of the Ordinary General Meeting of Shareholders no. 2 of 29.04.2020, the distribution…
Distributie Oltenia continues its projects for digitalization and modernization of the electricity network
Approximately 59 million euro, from own financial sources and co-financing from European funds, will be invested in important sectors of…
IHA and IRENA coalition call for renewables-driven recovery
The International Hydropower Association (IHA) has teamed up with the International Renewable Energy Agency (IRENA) and more than 100 renewable…
Ursula von der Leyen: Green Deal will be ”our motor for the recovery”
European Commission President Ursula von der Leyen promised on Tuesday (28 April) to put the European Green Deal at the…
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…
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…