Virgil Popescu withdrew his candidacy from the position of PNL first vice-president
On Friday, the Minister of Energy, Virgil Popescu, withdrew his candidacy from the position of first vice-president of PNL’s political…
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General Interest
Chimcomplex will increase employees’ salaries by 24.5%
Chimcomplex, the largest chemical plant manufacturer of polyols in Eastern Europe, announces a significant increase in the salaries of its…
Hungary will tax extra high-profit companies, income will go to the military and energy subsidies
Hungary will force banks, telecommunications companies, insurance companies, airlines, the energy sector and large supermarket chains to pay a large…
EC and Romania have signed an agreement to stimulate investment in SMEs and the green transition
European Commission signed a contribution agreement with Romania on Wednesday in order to use the InvestEU Fund as a tool…
First simulator of a SMR control room, at Politehnica University of Bucharest
At the Small Modular and Advanced Reactor Workshop Planning IV held in Bucharest, co-hosted by the U.S. Trade and Development…
Bosch announces an increase in sales and investments in Romania
Bosch, the global leader in the provision of technologies and services, ended fiscal year 2021 with 2.4 billion lei (494…
Hidroelectrica celebrates 50 years since the inauguration of the Iron Gates system
Hidroelectrica celebrated half a century since the inauguration of the most important hydropower objective in Romania, SHEN Iron Gates I,…
D. Dărăban: The state should re-analyze the use of suppliers as intermediaries for capping
The Romanian state should consider whether, at the level of intervention policies, the model of support for energy consumers, by…
Competition analyzes the transaction by which Cyprus-based Leabrook becomes the sole shareholder of EnergoBit
The Competition Council is has under scrutiny the operation by which Leabrook Ltd becomes the sole shareholder of EnergoBit Holding…
AFM publishes new lists of funding approvals
The Environmental Fund Administration has published new lists of legal entities accepted in the National Car Park Renewal Stimulation Program…
Rompetrol’s “Ready for Career” program, in the recruitment and selection phase of candidates
KMG International (Rompetrol) recently launched a series of events aimed at popularizing, among students, the start of the recruitment and…
Pavel Popescu: MPs who opposed the offshore law must be held accountable
Lawmakers who have opposed the offshore law over time must be identified and held accountable for working to the detriment…
Chimcomplex announces 14.6 million euros profit in the first quarter of 2022
Chimcomplex, Eastern Europe’s largest chemical polyols producer, reports a 23.2% increase in turnover for the first quarter of 2022 compared…
“Forum: Careers in the Energy Industry” attracted 19 companies and over 600 participants
19 companies and more than 640 people participated in this year’s edition of “Forum: Careers in the Energy Industry”, organized…
EC adopted REPowerEU: The RES targets grows to 45% in 2030, extra hundreds of billions of euro to be invested
The European Commission today presented the REPowerEU Plan, which provides for major changes, needed to ensure the independence from Russian…
Alexandru Chiriţă takes over the helm of the Electrica Group, with a temporary mandate
Electrica’s Board of Directors has decided to appoint Alexandru-Aurelian Chiriţă as Interim General Manager, after Corina Popescu left the company…
Adrian Dumitriu, at the end of his term within Chimcomplex
The Board of Directors of Chimcomplex announces the end of the term of office of the economic director Adrian Dumitriu…
Romania’s economy grew by 5.2% in the first three months of 2022
Romania’s economy grew by 5.2% in the first quarter of this year compared to the previous quarter, while compared to…
EY: Geopolitical priorities are shifting across Europe and energy is no exception
The current geopolitical framework forced European countries to redefine their energy relationships and initiate quick steps to become energy independent,…
EC halved its estimates for the growth of the Romanian economy in 2022
After a robust growth in 2021, Romania’s economy is expected to slow to 2.6% in 2022, as inflation reduces disposable…
Electrica posted a loss of 158 mln. lei in Q1 despite a 52% increase in turnover
Electrica posted a loss of 157.8 million lei after the first quarter of this year (Q1), compared to the same…
Budget for the green car subsidy program for businesses, finished in less than two hours
The budget for the “Rabla Plus” program allocated to legal entities has been exhausted in less than two hours from…
Fitch Ratings gives E.ON a positive and stable rating following its recent mandate
The E.ON Group has announced that it has recently commissioned the rating agency Fitch to give it a new rating,…