VW set to pay EUR 4.5 bln. in EU fines for excessive emissions
Volkswagen, the world’s largest carmaker, will significantly exceed EU fleet emission limits in 2021 regardless of its ambitious push into…
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General Interest
Delgaz Grid to install smart meters for more than 10,000 consumers in Iasi by 2021
Delgaz Grid announced it signed execution contracts for the installation of over 10,000 smart meters, by the end of 2021.…
Digitize the Upstream O&G – 5 principles and 7 tips from Strategy&
A most recent report from Strategy&, part of the PwC network of firms, capitalizes on six senior O&G gas executives…
Romania ended 2019 with a larger budget deficit, also due to lack of additional dividends
Romania ended last year with a budget deficit of 4.6% of GDP, exceeding the estimates of the authorities in November,…
ANRM archive will be moved
The archive of the National Agency for Mineral Resources (ANRM) is currently stored in a number of 66 sites, according…
Minister of Finance: The budget for investments reaches 50 bln. lei
The volume of this year’s investments amounts to 50 billion lei, respectively 4.5% of GDP, but the philosophy will be…
Gas grid operators say few new pipelines needed to build hydrogen network
Germany’s gas industry plans to establish a pipeline network measuring 5,900 kilometres to enable the large-scale use of hydrogen in…
The new wave in FM digitalization (Lucian Anghel Timepal Romania & Facilities Management Services)
Lucian Anghel, Fondator și CEO, Timepal Romania și Facilities Management Services The world of Facilities Management (FM) is now a…
Starace confirms commitment to an economy against the climate crisis
Francesco Starace, CEO of Enel, participated in the presentation, at the Sacred Convent of Assisi, of the “Manifesto of Assisi…
Amazon employees are dissatisfied with the company’s climate policies
Hundreds of Amazon employees have openly criticized the environmental position of the online retail giant in violation of the company’s…
Eurostat: Production of industrial chemicals in the EU increased
Production of industrial chemicals in the European Union (EU) increased in 2018 compared with the previous 3 years, but it…
PwC: Local car fleet increased to over 8.2 mln. vehicles in 2018, the infrastructure is deficient
The car fleet in Romania increased to over 8.2 million vehicles in 2018, but the road infrastructure is not keeping…
Raiffeisen Global Equity, the first fund in Romania that invests according to sustainability criteria
Raiffeisen Asset Management launches a new investment fund – Raiffeisen Global Equity – that will invest in equity funds and…
CFA Romania estimates the advance of the exhange rate at 4.88 lei per euro, increasing interests
CFA Romania’s financial analysts anticipate a depreciation of the leu in the next 12 months, up to a 4.8823 lei/…
VW fined 135 mln. euro by a court in Canada
German carmaker Volkswagen was fined by Euro 135 million by a Toronto court after pleading guilty to 58 counts of…
Fiscal Council: The budget deficit could increase to 4.8% of GDP by 2020
The Fiscal Council (CF) estimates a probable level of the budget deficit for 2020 between 4.6 – 4.8% of GDP,…
Ringhel gets financing from InnoEnergy to grow business in the East European countries
EIT InnoEnergy announced a financing partnership within Romanian Ringhel, in the Boostway program. As a growing business, the main objectives…
German investors in the AHK Romania delegation: There is an increased interest of Romanian cities for urban mobility
Bogdan Tudorache German investors present in the delegation organized by AHK Romania (Romanian-German Chamber of Commerce and Industry) told energynomics.ro…
Enel, included for the first time in the Bloomberg gender equality index
Enel has been included for the first time in the Bloomberg Gender Equality Index (GEI), being one of the leading…
2020: When economic prudence will lead to improved performance
Thirty years after the fall of the communist regime, Romania seems to be well anchored in European values and on…
France, Germany join BlackRock for climate investment
France and Germany are joining forces with investment giant BlackRock to speed up attracting capital to invest in projects fighting…
Alro gets a USD 40 mln. loan from Black Sea Trade and Development Bank
Bogdan Tudorache Alro Group has decided, at the general meeting of shareholders, to borrow USD 40 million from the Black…
Greta Thunberg: ”Nothing has been done” to tackle the climate crisis
Greta Thunberg took the stage at the World Economic Forum Tuesday to admonish world leaders for doing “basically nothing” to…