Popescu: We will solve the provisory management in companies through a serious selection
Bogdan Tudorache The current governance program has the time horizon of November, and during this short period, no major transformations…
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Hidroelectrica could first sell 5 to 10% of shares to EBRD, to give through IPO only the rest of up to 20%
Bogdan Tudorache The Minister of Economy and Energy (MEEMA), Virgil Popescu, argues that Hidroelectrica could be privatized this fall, but…
Transelectrica provided for this regulatory period investments worth 1.7 billion lei
Virgil Ivan, director of national energy dispatcher within Transelectrica, estimates investments of 1.7 billion lei for this regulatory period in…
Popescu: We will unlock Neptune Deep when we have consensus in the Parliament
The government is currently in talks with the opposition on the modification of the offshore Law, said the Minister of…
Nicolescu, Deloitte: Climate neutrality involves investments of 250 bln. euro per year in Europe; we have to bring this money to Romania, too
Răzvan Nicolescu, former Minister of Energy and partner at Deloitte, says that we should pay attention not to the several…
Chiriţoiu: The presence of the Romanian representatives in the leadership of ACER can help us in the process of integration into the European energy market
The presence of the Romanian representatives in the ACER management boards constitutes an additional assurance on the fair treatment applied…
Minister of Economy: There will be no gas increases since July 1st
The liberalization of the gas price from July 1 will not bring new price increases, says the Minister of Economy…
Interagro builds a new 22 million euro terminal in Zimnicea
Interagro has under development, in partnership with the American group Nitron, an investment of approximately 22 million euros for the…
V. Popescu: The gas infrastructure in the rural area will double in the next four years
Bogdan Tudorache The gas infrastructure has 200 million euros from European funds to develop in the next four years, rising…
The Supervisory Board could change the CE Oltenia directorate on Tuesday
Bogdan Tudorache The Supervisory Board of the EC Oltenia could decide on Tuesday, February 18th, to change the current directorate,…
It’s official: Dacia will launch an electric model next year
The first Dacia electric car will be launched on the market in 2021-2022 and will be a small city car,…
GEO that prevents Exxon from selling its Black Sea shares needs CSAT approval
One of the 25 Emergency Ordinances approved last week concerns the changes brought to the Oil Law. But this has…
Nițu, Transelectrica: Investments are our main priority
The National Transport Company of Electric Energy Transelectrica ”pays more attention to the charts for the investments of the modernization…
Oil Terminal – profit almost nine times higher than in 2018
Oil Terminal, the operator of the Black Sea oil terminal, reported a preliminary net profit of 2.42 million lei for…
Transelectrica’s profit, up 28% in 2019
Transelectrica’s profit registered an increase of 28% in 2019, to 104.4 million lei, according to the preliminary financial report. The…
Bode: Electrifying and refurbishment of the railway Cluj-Napoca – Episcopia Bihor, one of the most important projects
The Minister of Transport, Lucian Bode, said on Friday in Cluj-Napoca that one of the most important railway infrastructure projects…
Romania’s economy advanced 4.1% in 2019
The growth pace of the Romanian economy slowed to 4.1% last year, after increases of 4.4% in 2018 and 7.1%…
Competition authorized the takeover of Hydro Extrusion by the Austrians from Hammerer Aluminum
The Competition Council authorized the transaction by which Hammerer Aluminum Industries Holding Gmbh from Austria takes over the local company…
New maritime fuel with low sulfur content produced at Petrobrazi, following an investment of 3 million euro
OMV Petrom has developed, at the Petrobrazi refinery, a new maritime fuel with a low sulfur content, up to 0.5%.…
Verchere: The first cubic meter of gas in Neptune Deep could be extracted only from 2024-2025
The first gas molecule could be extracted from the Neptune Deep perimeter of the Black Sea only in 2025, if…
AIK Energy, a London-based company run by Harald Kraft, takes over Valahia Gaz
The Competition Council authorized the transaction by which AIK Energy, a company registered in London and locally managed by Harald…
Cîţu, MFP: There is no discussions of a pollution tax at this time
I do not think that a pollution tax for cars alone would solve the problem at national level, and my…
The EIB will allocate more money for clean energy projects, also in Romania
The European Investment Bank (EIB) will no longer finance projects on fossil fuel energy production, which means more money will…