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Meteş, FP: The provisions of GEO 114/2018 lured away Hidroelectrica’s potential buyers
Bogdan Tudorache Ordinance 114 introduced an uncertainty in the market due to legislative instability, and it is difficult for investors…
Hidroelectrica recorded new record profit in 2018, says Fondul Proprietatea
Hidroelectrica recorded a new record profit of 1.55 billion lei in 2018, according to Fondul Proprietatea. “According to the preliminary,…
Global energy demand set to plateau by 2035 – McKinsey
With the rise of renewable energies and the improvement of energy efficiency technologies, global energy demand is expected to plateau…
The Environmental Fund Authority provides the prosumers with financing buffer for installation costs
AFM will provide a small-scale photovoltaic producers (prosumers) a buffer fund for project financing, says Andrei Iorgulescu, Director General for…
Diesel price rose by almost 7% in 2019
The price of diesel sold by Petrom climbed by more than 1% as against February 11th, in the sixth week…
Romania’s Transgaz and Romgaz 2018 profit drop
Romanian gas transmission company Transgaz [BSE:TGN] said on Friday its 2018 net profit fell 14% on the year to 498.9…
Turkey to reduce dependence on foreign energy: Erdoğan
President Recep Tayyip Erdoğan said on Feb. 16 that Turkey aims to reduce its dependence on foreign energy source. Speaking…
Romgaz: 2018 net profit declined by 22%, production and investment grew
Romgaz recorded a net profit of 1.4 billion lei in 2018, 22% less than in 2017, with a turnover of…
Havrileţ: GEO 114 was requested by households gas suppliers
Power and as suppliers for household customers are those who have requested adoption of GEO 114/2018 and they benefit from…
Former Finance Minister Anca Dragu becomes deputy general manager of E.ON Romania
Former Finance Minister in Cioloş Cabinet, Anca Dragu, will take the post of Deputy General Manager of E.ON Romania, one…