APIA estimates a 29% market share for green cars in Romania in 2024
Green cars will reach a 29% share of sales by the end of 2024, while the total new car market…
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General Interest
Hungary: Veolia buys a gas plant from Uniper
Veolia has agreed to purchase a gas-powered power plant in Hungary (Gönyű locality), from the German energy group Uniper, the…
Bucharest thermal units might be connected to Transgaz, saving 50 mln. euro annually
The Minister of Energy, Sebastian Burduja claims that a solution has been found to connect the four thermal power plants…
UK: SMRs might miss the decarbonisation target deadlines, MPs warn
Though the UK government has championed SMR technology in the planned decarbonisation of the energy grid, the Environmental Audit Committee…
Competition analyzes the takeover of Greenvolt Energias Renovaveis by GVK Omega SGPS Unipessaol
Competition Council announced that it is analyzing the transaction by which GVK Omega SGPS Unipessaol Lda intends to take over…
Romania’s first green bond issue, of 2 bln. euro, oversubscribed
The first issue of green bonds launched by the Romanian state on Thursday on the international market was a success.…
KMG Rompetrol – new e-mobility projects of 2.2 million euros with European funds
KMG Rompetrol Development submitted, in November 2022, an application for financing a project on the purchase and installation of ultra-fast…
PPC: Rețele Electrice Companies attract European financing of over 433 mln. lei
The Ministry of Energy and the companies Muntenia, Rețele Electrice Banat and Rețele Electrice Dobrogea (part of the PPC group…
FP sells the 12% stake held in Engie Romania for 432 mln. lei
Shareholders of Fondul Proprietatea (FP) gathered during the extraordinary general meeting (AGEA) on Tuesday approved the sale of the 12%…
Chirițoiu: This year we have to prepare the steps following the exit from the capping mechanism
The steps following the exit from the energy price capping mechanism must be prepared during this year and solutions must…
Ministry of Energy officially notified the Capital City Hall regarding the need of an ELCEN-Termoenergetica merger
The Ministry of Energy has officially notified the Capital City Hall regarding the proposed merger between Societatea Electrocentrale Bucureşti SA…
C-bank holds key interest rate at 7%, inflation rate keeps on dropping
The Board of Directors of the National Bank of Romania decided, on Tuesday, to maintain the monetary policy interest rate…
Dumitru Chiriță is the new president of Electrica’s board
On Monday, the Board of Directors of Electrica elected Dumitru Chiriță, former president of the Energy Regulatory Authority, as president…
OMV Petrom has 1.5 bln. lei for acquisitions in 2024
OMV Petrom allocated this year 8 billion lei for investments, of which 1.5 billion lei for acquisitions, OMV Petrom’s financial…
Competition analyses the transaction through which Premier Energy takes over CEZ Vânzare
The Competition Council is analyzing the takeover of CEZ Sale by Premier Energy plc, Cyprus, the institution announced. In Romania,…
Bucharest’s budget for 2024, estimated at 6.5 bln. lei, in public debate
Capital’s budget for 2024, estimated at 6.5 billion lei, is in public debate for the next 15 days, the City…
Hidroelectrica warns about the increase in online fraud attempts
Hidroelectrica informs the public about the appearance in the online environment of counterfeit video clips, using deepfake technology, which include…
REI Grup: Over 800 million euros are available for green energy investments through the Modernisation Fund
More than 800 million euros in non-reimbursable funds for investments in green energy projects will be available within the next…
Hydrogen demand in Europe will increase massively and Romania has the potential to compete in this market
Hydrogen demand is expected to increase five-fold by 2060, and half of e-fuel demand will be met by domestic production…
Romania – last place in the EU for municipal waste recycling
In 2022, as in 2021, Romanians were in last place in the European Union in the production of municipal waste,…
Consumer interest in EVs drops due to charging time and price
Reluctance to adopt electric vehicles is gaining momentum as both traditional car companies, investors and consumers decry high prices and…
Competition analyses the transaction through which Omv Petrom acquires 50% of Electrocentrale Borzești
The Competition Council is analyzing the operation by which OMV Petrom intends to acquire from RNV Infrastructure 50% of the…
Bosch registers a 5% increase in EBIT, creates an integrated structure for the Mobility sector
The Bosch Group met its targets, despite the challenges of the financial year 2023: according to preliminary figures, the technology…