Ursarescu (ANRM): Refusal to update gas price has damaged the state by 3 billion USD
Keeping the reference price of natural gas by the previous management of the National Agency for Mineral Resources (ANRM) at…
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Economics&Markets
FIC: Investors are more reluctant regarding their business development this year
Bogdan Tudorache The most recent results of the Foreign Investors Council’s (FIC) Business Sentiment Index raise some important worries and…
PNL submits motion against Energy minister Anton Anton
PNL on Wednesday submitted to the Chamber of Deputies a simple motion on Energy, accusing the Ministry of Energy of…
The EU wants to use energy taxes to meet its climate goals
The European Commission asks the European Parliament and the Council to look at how energy taxation could contribute more effectively…
Moneycorp: Romania’s exports could exceed 70 billion euro
The Romanian economy is heading towards a historic record in terms of exports in 2019. Construction of automotive and automotive…
Alpha Bank will launch the first mortgage bonds in Romania, worth 1bn. euro
Alpha Bank Romania will launch the first Mortgage Bond Program in Romania worth 1 billion euro and the first issue…
EC: Romania, 23rd in the European Union in eco-innovation
Romania ranked 28th in the European Innovation Scoreboard 2018, its score being 14 percentage points lower than in 2010, while…
INS revised upward GDP growth to 0.9% in the fourth quarter of 2018
The National Institute of Statistics (INS) revised to 0.9% (up from 0.7%) the real terms GDP growth estimate in the…
Stock exchange marks a comeback to pre-GEO 114 levels
The capitalization of listed companies on the Bucharest Stock Exchange’s regulated market increased by 3.6% last week, totaling 164.68 billion…
Romania’s M&A market dropped by 50% in Q1 2019
Romania’s mergers and acquisitions (M&A) market reached 200-300 million euro in the first quarter of the year, including silent transactions,…
WB: Economic growth in Europe to decline to 2.1%
Economic growth in the Europe and Central Asia region slowed to 3.1% in 2018, and is projected to decline to…
Central bank keeps monetary policy interest rate at 2.5%
Bogdan Tudorache The Board of Directors of the National Bank of Romania has decided to keep the monetary policy rate…
No-deal Brexit will hit Eastern Europe trade: EBRD
Trade in a host of Europe’s emerging economies and nearby Turkey will be hit if Britain crashes out of the…
The European Parliament votes new limits on car emissions
Plans to reduce greenhouse gas emissions from passenger cars and vans by 2030, which were already informally agreed with the…
ABB presents new digital technologies at Hannover Messe
At this year’s Hannover Messe, ABB will provide a glimpse into the groundbreaking collaboration and digitalization technologies that are at…
Romania takes one more step towards financing energy investments through the CfDs
The Energy Ministry has made public a study on CfD as a financing tool for investments in the energy sector;…
TeraGlass increases by 26% due to export
The turnover of TeraGlass, TeraPlast Group’s thermo-insulating division, increased by 26% in 2018, while 90% of the production capacity of…
Nagy-Bege: 2% tax to ANRE is overwhelming, money might be redirected for financing energy efficiency
The 2% contribution of the energy companies to the National Energy Regulatory Authority (ANRE) according to GEO 114/2018 is exceedingly…
Gas for Climate Study: The optimal role of gases in a net emission net emission system
A new study, launched by Navigant Consulting for Gas for Climate: A path to 2050, a group of seven European…
Ecopolis asks the government not to adopt the anti-car sharing ordinance
The Center for Sustainable Policies Ecopolis has sent an open letter today to the Romanian government requesting it not to…
Romanian carriers protest again at Strasbourg against the Mobility Package
The Federation of Romanian Transport Operators (FORT) will protest on Wednesday, March 27, in Strasbourg, against Mobility Package 1, along…
EU-ETS system allows for investment worth more than 45 billion euros by 2030
The European Union offers member states at least 45 billion euro through the EU ETS to meet its climate targets…
The final version of GEO 114 – presented on Thursday, each line ministry discusses the requirements from the market
FIRST INFO First amendment to GEO 114: Coal gets rid of 2% tax, the gas cap of 68 lei/ MWh stays…