National Chemistry Contest, supported by KMG International
KMG International (Rompetrol) is the main sponsor of the 53rd edition of the Chemistry Contest, which is organized by the…
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Ford to invest more in the production of electric vehicles
Ford Motor Co said it is adding production of a fully electric vehicle at a second North American plant as…
Conpet will provide shareholders 90% of the profit and additional dividends
The shareholders of Conpet are summoned on April 23 to approve the distribution of dividends amounting to 59.24 million lei,…
Lukoil continues drilling in the Black Sea
Lukoil, one of the most powerful players in the local oil market, says this year will drill a probe in…
Brexit postponed, but no later than May 22nd
The European Union has accepted Britain’s request to postpone Brexit, but only for a maximum of one month, until May…
PwC, ARB: We have the lowest degree of financial intermediation, ROBOR has evolved in resonance with inflation
Dafora has decided to extend its reorganization period by another year. Thus, Dafora will empower the owner, Geroge Calburean, to…
PwC, ARB: We have the lowest degree of financial intermediation, ROBOR has evolved in resonance with inflation
Romania has the lowest degree of financial intermediation in the European Union, with a value of 25.7% in 2018, three…
Ghiţă, SNN: The agreement for mini-reactors does not involve the installation of technologies in the testing phase
Nuclearelectrica’s Memorandum of Understanding with NuScale does not involve the installation of technologies in the testing phase, says Cosmin Ghita,…
OMV Petrom and Exxon have new proposals for the gov’t
OMV Petrom and Exxon do not want to be subject to the financial tax provisions of the Offshore Law, OUG…
Over the last five years, 50 new laws have been adopted that have adversely affected investments
In the last five years, approximately 50 new laws have been adopted, which have increased the level of unpredictability of…
Dacia to launch the e-version of Duster, its SUV
Renault’s budget brand, which is based in Romania, which has proved a hit on many European markets, simply thanks to…
Hydro power now produces 30% of total electricity
Hidroelectrica is today the main producer of electricity in Romania, as together with the small units (MHC), the production of…
Voluntary lay-off program at Transelectrica
Transelectrica has initiated a voluntary lay-off plan, providing compensation packages of up to ten salaries. About 49 employees decided to…
EY: The value of oil and gas transactions rose in 2018 due to record of 11% in downstream
The total value of oil and gas transactions increased by 79.7 billion USD in 2018 to 426.8 billion, despite a…
NuScale and Nuclearelectrica want to bring small modular reactors to Romania
Nuclearelectrica announces that it has signed a Memorandum of Understanding (MOU) with NuScale, a US based company, to exchange business…
SOCAR intends to sell Azerbaijani oil and oil products in Romania
SOCAR’s subsidiary in Romania – SOCAR Petroleum SA plans to sell in Romania oil and oil products produced at the…
ELCEN: Bucharest’s hot water is at risk of being stopped
„The Capital supply of hot water is likely to be stopped in the following period, given that the City Hall…
Romanians bought about 650 green cars in January and February
The number of green cars bought in Romania in the first two months of the year reached 649, up by…
Isarescu: Entry into the Eurozone is no longer a panaceum; if we go unprepared, the problems get worse
Governor of the National Bank of Romania, Mugur Isarescu, said that joining the Eurozone is no longer a panaceum, and…
Bosch assumes full control of electric motor manufacturer EM-motive
Bosch is now assuming full control of EM-motive, one of Europe’s most successful manufacturers of electric motors. Bosch and Daimler…
Prospex Oil and Gas raises funds for Romanian concession
K-based Prospex Oil and Gas has raised 800,000 British pounds (899,562 euro) via a share placing to help fund its…
Moldova’s state-owned supplier requires a 10% increase in electricity tariffs
Electricity supply company Nord SA (FEE-Nord) requested to increase electricity tariffs for 2019. The state-owned company supplies energy to about…
Merkel says Germany needs e-cars for 2030 climate goal, faces “tough decisions”
Germany needs e-mobility to reach its 2030 emissions reduction targets in transport, Chancellor Angela Merkel said, according to Suddeutsche Zeitung.…