Dafora goes back in black: Profit of 1 million euro in H1, revenues increase 17%
Bogdan Tudorache Dafora Mediaș reports going back into black, with a net result for the first six months (H1) of…
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Transelectrica will increase its share capital by 20 million lei
Bogdan Tudorache Transelectrica will increase its share capital by 20 million lei over the next three years, according to the…
Firea: The Government will not agree to stop of hot water in Bucharest
The capital’s mayoralty assures Bucharest that the process of supplying hot water is carried out normally, without being jeopardized by…
Mark Gitenstein has received a new term in the Committee of Shareholders’ Reps of Fondul Proprietatea
Shareholders of Fondul Proprietatea have decided to appoint former United States Ambassador to Romania Mark Henry Gitenstein as a member…
Petromidia Refinery: Investments worth 50 mln. USD in 2019
Bogdan Tudorache Petromidia Refinery Navodari will invest in 2019 50 million dollars, allocated for the alignment and continuation of installation…
Meyer, FP: Investing into Reactors 3 and 4 does’t make financial sense, we don’t see the project done with the Chinese
Bogdan Tudorache Investing into Reactors 3 and 4 of the nuclear power plant in Cernavoda does not make financial sense,…
Meyer, FP: Hidroelectrica needs political decision to get privatized; any acquisitions in Enel or CEZ would diminish its value
Bogdan Tudorache Privatization of Hidroelectrica needs a political decision, and so far we have seen uncertainty at government level, which…
There are 55 nuclear reactors under construction in the world
In 2018, the nuclear power generated 2,563 terawatt hours of electricity worldwide, which is up with 61 terawatt hours from…
Kozloduy NPP Unit 6 is expected to receive a new operating license within a month
Kozloduy NPP Unit 6 is expected to receive a new operating license within a month, which will allow it to…
Utility-linked smart thermostats to account for 36% of $75bn automated home market by 2025 – GlobalData
The automated home market exceeded $23bn in 2018 and is expected to reach $75bn by 2025, at an impressive compound…
Lungu, AFEER: The repeal of some provisions of GEO 114 is a good thing, it marks the return to a normal situation
The repeal of some provisions of GEO 114 is “a good thing”, which confirms a return to normality, said Ion…
Hajdinjak, ACUE: A sudden repeal of GEO 114, without transitional measures risks creating major imbalances
Frank Hajdinjak, president of the ACUE (Federation of Energy Utility Companies Associations), sent a letter to the Committee on Budget,…
The Enel group, included in the STOXX Europe 50 index
The Enel Group, Europe’s largest utility provider by market capitalization, will be included, starting September 23, in the STOXX Europe…
Cornel Feruţă officially entered the race for the head of the International Atomic Energy Agency
Romanian diplomat Cornel Feruta informed the employees of the International Atomic Energy Agency (IAEA) on Wednesday that he has decided…
ELCEN creditors consider stopping the delivery of hot water to Bucharest
Bogdan Tudorache The ELCEN Lenders Committee will meet to discuss the possible cessation of hot water in the Capital, following…
Infrastructure projects in the Black Sea countries – more at the 7th edition of the Black Sea Oil and Gas Conference!
In partnership with Global Data, Globuc – the organizers of the Black Sea Oil and Gas Conference (October 23-24, Bucharest)…
Danish pension fund excludes top oil firms from portfolio
Danish pension fund MP Pension said on Tuesday it would sell its stakes in 10 of the world’s biggest oil…
China still pursuing nuclear fuel reprocessing plant with France
China is still actively promoting a nuclear fuel reprocessing project with France’s Orano, formerly called Areva, the head of China’s…
Zelenskiy slams Nord Stream 2 as Ukraine seeks LNG gas from the US
Ukraine’s president on Saturday (31 August) slammed the controversial Nord Stream 2 pipeline set to send Russian gas to Germany…
Switzerland pledges climate neutrality by 2050
The Swiss government announced on Wednesday (28 August) that it will cut its greenhouse gas emissions to a net-zero level…
Seat will present in Frankfurt its first electric SUV under the Cupra brand
The Cupra brand of Seat will be present at the Auto Show which starts in Frankfurt on September 10 with…
e-nergia.ro: ACUE calls for a gradual re-liberalization of markets
The Association of Utility Companies shows that, in the event of a sudden deregulation of the gas and electricity markets,…
Eximbank will merge with Banca Romaneasca
The Ministry of Public Finance (MFP) wants the state bank Eximbank to become a universal bank, that is to address…