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ABB to divest cable business to NKT Cables
NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of 836 million euros (US$934…
NVIDIA: from video interfaces to world’s leading driverless car provider
NVIDIA was mostly involved into big projects behind the scenes. It’s first foray into the tech world was as a…
Bulgaria-Romania interconnector, finished this year (Temenuzhka Petkova)
Bulgarian Energy Minister Temenuzhka Petkova has voiced her hope that the construction of an interconnector with Romania will be complete…
Poland aims to have 1 mln electric cars by 2025
Poland aims to have 1 million electric cars on its roads by 2025 as it seeks to cut carbon emissions…
România – Black market for green certificates
Investors in renewables anxiously expect the legislative changes proposed by the Government and by the market regulatory body ANRE to…
Dan Catalin Stancu, the new elected General Director of Electrica
The Electrica S.A. Board of Directors has appointed Dan Catalin Stancu in the position of General Manager. He will assume…
Hidroelectrica, responsibility policies worth 50 mln. euro
Hidroelectrica wants to conclude a professional liability insurance policy for all members of the Supervisory Board and of the Directorate,…
Enel clients can no longer pay their bills via Posta Romana
The cash payment of the Enel electricity invoices is no longer available at the Poşta Română offices, the company said.…
Russia’s Central Bank estimates crude oil at 40 USD by 2019 end
The bank’s report says possible decision on freezing oil production will not have significant effect on rebalancing oil market. Russia’s…
OMV Petrom will offer a dividend of minimum 30% this year
OMV Petrom proposes its shareholders a dividend worth a minimum 30% for this year, says a release sent to Bucharest…
”New Perspectives in Construction Law” Conference (Sep 30, 2016)
The Romanian Society of Construction Law organizes in 30 September 2016, in Bucharest the second edition of the ”New Perspectives…
European Commission must approve RADET subsidies
The Bucharest City Hall must ask for the European Commission’s approval for the subsidies they grant to RADET, but this…
Gazprom wants more than 25 percent of OMV North Sea assets
Gazprom wants more than 25 percent of OMV’s Norwegian North Sea holding company but is being prevented from taking a…
Romanians bought twice as many electric and hybrid cars
Romanians bought in the first eight months of the year 571 hybrid and electric cars, twice the volume of the…
Linde Gas: Green certificates exemption – mild effects
Linde Gas is one of the large energy consumers that have been exempted from the payment of green certificates in…
Autumn energynomics.ro Magazine 2016 issue released on September 20th at IEAS
A new issue of energynomics.ro Magazine will be released Tuesday, September 20, within the International Electric&Automation Show, IEAS 2016. 184 pages…
CEZ invests more in power distribution networks
The over 1.4 million consumers in the Arges, Dolj, Gorj, Mehedinti, Olt, Teleorman and Valcea counties, will benefit in 2016…
BRM and Keler CCP took the first steps for clearing services on the Romanian gas market
BRM has partnered with the Hungarian clearing house Keler CCP for the implementation, starting with 2017, of the financial clearing…























