Eximbank will merge with Banca Romaneasca
The Ministry of Public Finance (MFP) wants the state bank Eximbank to become a universal bank, that is to address…
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General Interest
Fitch: Political uncertainty in Romania increases risks for public finances
The divide of the Romanian government coalition increases the political uncertainty before an election year and due to the advance…
Commission for the definition of the vulnerable consumer started debates
The Interministerial Commission for the definition of the vulnerable consumer has started its activity. Established at the request of Prime…
ANRE fined companies with 12 million lei in 2018
The National Energy Regulatory Authority (ANRE) has imposed, in 2018, fines of 4 million lei to the operators in the…
ANRE wants to take European funds worth 20 mln. lei to simplify the process of changing suppliers
The National Energy Regulatory Authority (ANRE) wants to access a European funding line of 20 million lei, for the Project…
Risks of technical recession are increasing
The outlook is deteriorating in many countries, says Christopher Dembik, director of Macro Analysis, Saxo Bank. All the major economic…
Elon Musk is rumored to unveil first China-made Tesla Model 3 at event this week
Tesla CEO Elon Musk is going to Shanghai, and he is now rumored to unveil the first China-made Tesla Model…
Opposition tries to amend GEO 114/2018, PSD manages to block the return to free markets
Deputies from the Committee of Budget postponed discussions on GEO 114/2018, with subsequent changes, after the members of the Committee…
The Grant Program “Electrica puts Romania in a different light” 2019, in its fourth edition
Electrica today launched the fourth edition of the Grant Program “Electrica puts Romania in a different light”, a national competition…
ALDE ministers resigned, Nicolae Bădălău might become interim Energy minister
Following the resignations of ALDE ministers Graţiela Gavrilescu – Minister of the Environment, Viorel Ilie – Relations with the Parliament…
Bill Gates-led USD 1 billion fund expands its portfolio of startups fighting climate change
The world needs to deploy and scale technologies that cut emissions—and fast. Breakthrough Energy Ventures (BEV), a USD 1 billion…
Ministers of Energy and Environment will resign on Tuesday after government meeting – sources
ALDE has decided to step out of government, and Energy Minister, Anton Anton and Environment Minister, Grațiela Gavrilescu will submit…
E.ON joins ranks of Germany’s corporate green bond issuers
German utility E.ON has raised 1.5 billion euros by issuing its first green bond, which ties the generated capital to…
Green registration plates as an incentive for e-cars in Bulgaria
Green registration plates for electric cars is “one of the measures the state is proposing to encourage the use of…
The share of green car sales in Romania reached 3.7%
Sales of cars increased by 9.5% in Romania, in the first seven months of the year, compared to the same…
About 700 young sportsmen and artists obtain financing of 560,000 lei via MOL Talent Promotion Program
MOL Romania and the Community Foundation grant this year 560,000 lei for 700 talented young people in the arts and…
KMG International introduces KindTap in its Rompetrol gas stations for the benefit of HOSPICE Casa Speranței
KMG International will install in its Rompetrol gas stations network from Romania the donation box KindTap, an innovative device that…
Inflation in Romania is three times higher than the European average – Eurostat
In July 2019, Romania kept the highest annual inflation rate among EU Member States, with an increase in consumer prices…
Compact power-to-liquid pilot facility demonstrates high degree of efficiency
Researchers in Germany have combined all steps of producing synthetic fuel with renewable electricity into one compact facility, with the…
The energy demand will double in the next 20 years
Global energy demand will almost double over the next 20 years, in the absence of efficient consumption projects, according to…
Bucharest City Hall acquires 130 Mercedes hybrid buses
The winner of the tender for 130 hybrid buses in Bucharest is Mercedes – Benz and the type of bus…
About 4 million electric cars from over 300 models will be available in Europe in 2025
Electric vehicles in Europe will increase dramatically in the coming years. 214 electric vehicle models will be available in the…
CIECH Soda interrupts production due to price increase of CET Govora by 135%
Bogdan Tudorache CIECH commences preparations to halt production in its Romanian soda factory from September 18. The direct reason for…