Delgaz Grid specialists practice training in virtual reality
The virtual reality learning system at Delgaz Grid’s Education Center in Suceava simulates a three-dimensional space that faithfully reproduces an…
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General Interest
After Italy, Turkey’s economy enters technical recession
Turkey, a major emerging economy once perceived as a rising star by international investors, entered a technical recession (two consecutive…
Annual inflation rose to 3.83% in February
Consumer prices rose by 0.79% in February 2019, compared with the previous month, while annual inflation rose to 3.83%, amid…
Global partnership for artificial intelligence technologies in irrigation
Valmont® Industries, Inc., a leading global provider of engineered products and services for infrastructure and irrigation equipment for agriculture announced…
Tesla is raising prices after backtracking on store closures
Tesla will raise the price of its vehicles after going back on a recent decision to close most of its…
Fiscal Council: The budget deficit will reach 3.5% of GDP in 2019
The latest version of the 2019 budget provides for higher spending by more than 2 billion lei, following the introduction…
The sovereign fund will reduce budget revenues by 4.7 billion lei
The Sovereign Development and Investment Fund (FSDI) will reduce revenues to the state budget by 4.7 billion lei, according to…
Dragnea announced the amendment to GEO 114
PSD President Liviu Dragnea announced on Saturday that in the second part of the month the Government could adopt an…
New Supervisory Board at SAPE
The Ordinary General Shareholders Meeting of the of the Energy Participation Management Company (SAPE) elected five supervisors with four-year mandates…
Cosmin Marinescu explains why Iohannis rejected the budget: Excessively optimistic forecasts
The government’s macroeconomic forecasts are excessively optimistic, budget revenues are overvalued and based on promises, and spending is underestimated and…
Nicolescu: GEO 114 will either bring price increases or profit cuts for state-owned companies
Government Emergency Ordinance 114/2018 could have a very negative impact on the energy sector if it is not quickly changed…
Labor Inspectorate conducts inspections at LPG facilities
In March, the Labor Inspection conducts an action to verify how minimum requirements for improving the safety and health protection…
INS: Net investment in the national economy slightly increased last year, by 0.8%
Net investments in the national economy totaled 84 billion lei last year, increasing by 0.8% compared to 2017, according to…
INS: Romania’s economy, up 4.1% in 2018
The Gross Domestic Product estimated for 2018 was of 940,477 billion RON in current prices, rising – in real terms…
Dozens of withdrawals from OPCOM markets
In January, more than 35 companies withdrew or were revoked their right to operate on the centralized energy markets managed…
Romania’s most polluted cities: Iasi, Cluj, Brasov and Bucharest top the list
A total of 22 cities from Romania have been included in the World Most Polluted Cities 2018 report from AirVisual, which…
ELCEN – net loss of 18 million Lei in 2018
Elcen recorded a net loss of 18.27 million lei in 2018, from a profit worth 35.9 million lei in the…
Romanian-Kazakh Fund approved two projects worth 230 mln. USD
The Board of Administration of the Romanian-Kazakh Energy Investment Fund met last week on their first working meeting since the…
The last days of signing up for Romanian energy start-ups to apply to PowerUp
PowerUp is the biggest competition from CEE for energy focused entities. Applications for the fifth edition of PowerUp! will close…
Romgaz Energie and Titan Power were set up, companies dedicated to state investments
Romgaz Energie and Titan Power are two companies newly set up by SAPE in partnership with Romgaz and Electrocentrale Grup,…
Romania received France’s support for joining the OECD
Romania has received France’s support for joining the Organization for Economic Cooperation and Development (OECD), according to a press release…
INS: Sales of non-food products and fuels contributed to 6.6% increase in retail business
Turnover for retail trade (excluding trade in motor vehicles and motorcycles) increased by 6.6% in gross series in January 2019…