Nuclearelectrica shares are cheaper to half the level reached in 2013 listing
The shares of Nuclearelectrica (SNN) ended Friday’s session at 5.12 lei / share, 54% below the IPO price in September…
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Electricity
Hidroserv could go insolvent; blames the lack of orders from Hidroelectrica
Hidroserv’s Board of Directors may ask the insolvency of Hidrosev today, according to market sources. Board of Directors of Hidroserv,…
Romania officially accepts the Black Sea power cable to Turkey is a dead horse project
The Black Sea power cable project between Romania and Turkey will not be found in the future energy strategy of…
I. Iancu (RNC-WEC): Energy efficiency can be one of the country projects for Romania
Reducing energy intensity is one of the opportunities for development of the Romanian economy, believes Iulian Iancu, President of the…
Evatran to launch Plugless, wireless charging systems for Tesla Model S
US Evatran, founded in 2009 in Richmond, Virginia, will soon launch the wireless charging systems for Tesla Model S owners.…
Hungary plans further cuts to household energy prices
Hungary’s government is looking for ways to continue a household energy price cut programme, Development Minister Miklós Seszták told the…
Halmai: EuroGsm believes in the long-term return of the renewables
Choosing a renewable energy provider to supply cheap energy to customers comes in the background of EuroGsm’s renewed confidence in…
Enel Distribuţie Muntenia modernizes Pipera power station
Enel Distributie Muntenia has completed the rehabilitation works for the 110 kV transformation station in Pipera, from which will benefit…
Electrica: Net profit up 21% in H1 due to increased supply
Electrica Group registered in the first half of 2016 a consolidated net profit of 336 million lei, up by 59…
Lower tariffs and halved exports cut one third of Transelectrica’s profits in 2016, S1
Transelectrica posted a net profit of 142 million lei in the first six months of 2016, down by about 32.6%…
Alro Slatina wins a long term contract with the aircraft manufacturer Airbus
Airbus, the leading producer of aircraft, has selected the company Alro Slatina as provider of aluminum, the agreement is concluded…
Works on Unit 1 of Cernavodă NPP got Nuclearelectrica in the red in first half of the year
Nuclearelectrica finished the first half of the year with a net loss of 37.83 million lei, derived from the reduction…
CEZ shares fall, but the adjusted profit holds ground
CEZ AS fell the most in more than six weeks after its second-quarter profit missed all analyst estimates and the…
EUR 15 million in public money for over 840 electric car charging stations
The Ministry of Environment launched the user guide for financing the infrastructure development program for charging stations for electric and…
Siemens expands two Romanian factories
Siemens announced the expansion of two factories in Romania, in Sibiu and Buziaş, according to a release received by energynomics.ro.…
Electrica admits that there is conflict of interest, “analyzes its elimination”
Electrica recognizes that there are still cases marked by conflict of interest within the company, but it is “currently investigating…
NARE has approved Transelectrica’s Development Plan of the Power Transmission Grid for 10 years
The total value of planned investments in the Development Plan of the Power Transmission Grid is estimated at 5 billion…