OMV Petrom has started the process of selling its assets in Kazakhstan
OMV Petrom has started the process of selling its oil and gas fields in Kazakhstan, its only overseas assets, according…
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PwC: Local car fleet increased to over 8.2 mln. vehicles in 2018, the infrastructure is deficient
The car fleet in Romania increased to over 8.2 million vehicles in 2018, but the road infrastructure is not keeping…
Tanase: The Hidroelectrica listing is decisive, BET increased by 35% in 2019
Bogdan Tudorache Hidroelectrica and CEC Bank’s IPOs are decisive for the growth needed to ensure the emerging market status from…
Raiffeisen Global Equity, the first fund in Romania that invests according to sustainability criteria
Raiffeisen Asset Management launches a new investment fund – Raiffeisen Global Equity – that will invest in equity funds and…
CFA Romania estimates the advance of the exhange rate at 4.88 lei per euro, increasing interests
CFA Romania’s financial analysts anticipate a depreciation of the leu in the next 12 months, up to a 4.8823 lei/…
CE Oltenia sells below cost to secure the market share and to keep prices down
UPDATE January 28 Few hours after we published this article, information emerged that Sorin Boza was replaced from the position of…
Iancu: The move of the Department of Energy Efficiency has been made for the sake of management of European projects
The move of the Department of Energy Efficiency from the energy regulatory Authority (ANRE) to the Ministry of Economy and…
Josef Reiter: BMW has so far sold 550 electric vehicles in Romania
The BMW Group has so far sold over 550 electric vehicles in Romania, said Josef Reiter, general manager of the…
E.ON Energie Romania opened the 15th station within the NEXT-E project
E.ON Energie Romania opened this week the 15th station within the NEXT-E project, said Dragoș Negruțu, director of the E.On…
German company e-trofit wants to replace Diesel bus engines in Romania with electric ones
The German company e-trofit replaces about 30-40 Diesel propulsion systems in European buses with electric motors annually and aims to…
Orban: Hidroelectrica, Nuclearelectrica, Romgaz are companies that are profitable, they are well managed
The Government’s vision is to ensure an efficient management in all state-owned companies, Prime Minister Ludovic Orban said on Thursday.…
Renewables remain close to the 24% target, although slightly decreasing – Eurostat
The share of energy from renewable sources in gross final consumption of energy in the European Union increased in 2018…
Romgaz extended the term of execution of the contract for the Iernut power plant
Romgaz extended the term of execution of the contract with DuroFelguera and Romelectro, for the Iernut power station, according to…
V. Popescu: Romania has no problems regarding the supply of natural gas during the winter
The Ministry of Economy, Energy and Business Environment informs that there are no problems regarding the provision of natural gas…
VW fined 135 mln. euro by a court in Canada
German carmaker Volkswagen was fined by Euro 135 million by a Toronto court after pleading guilty to 58 counts of…
Fiscal Council: The budget deficit could increase to 4.8% of GDP by 2020
The Fiscal Council (CF) estimates a probable level of the budget deficit for 2020 between 4.6 – 4.8% of GDP,…
Alstom attains a score of “A-” in CDP 2019 climate change ranking
Alstom has maintained its score of “A-” in the 2019 CDP climate change questionnaire. This consistency demonstrates Alstom’s commitment to…
Ringhel gets financing from InnoEnergy to grow business in the East European countries
EIT InnoEnergy announced a financing partnership within Romanian Ringhel, in the Boostway program. As a growing business, the main objectives…
A German company wants to organize the first fully electric rally in Romania
Bogdan Tudorache Rafael de Mestre, general manager of TRON Consulting, is the first man that made a trip around the…
German investors in the AHK Romania delegation: There is an increased interest of Romanian cities for urban mobility
Bogdan Tudorache German investors present in the delegation organized by AHK Romania (Romanian-German Chamber of Commerce and Industry) told energynomics.ro…
Iorgulescu answers to Greenpeace: We have respected the contracts concluded with the MA
Bogdan Tudorache More than 13 million euro are allocated in the Casa Verde project (and probably partially spent) to collateral…
A first for Romania: eMAG launches 100% electric car delivery
Bogdan Tudorache In an effort to meet the challenges of urban pollution and lower carbon emissions, the online retailer eMAG,…
First compressor station in Croatian gas transport system put in operation
The first compressor station in the Croatian gas transport system was formally put in operation last week, with Prime Minister…