EBRD invests alongside 3Seas Investment Fund in R.Power
R.Power has attracted additional capital of 75 million euro from the EBRD, following the investment made in March 2023 by…
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General Interest
TeraPlast Group’s activity continues to accelerate in Q3: Positive net result and growing EBITDA margin
TeraPlast Group’s activity accelerated in Q3/2023 with additional traction from the increase in infrastructure works and exports, but hindered by…
Nițulescu: Romania will become an energy hub since 2027
Romania will be a 100% energy hub from the year 2027 and must take advantage of the natural gas deposit…
PPC finalized the acquisition of Enel’s Romanian operations
PPC has completed the acquisition of Enel’s activities in Romania, successfully concluding its first major expansion abroad. The acquisition represents…
ProCredit Bank signed a guarantee agreement with the European Investment Fund to support SMEs
ProCredit Bank, a bank dedicated to the SME sector, has signed with the European Investment Fund (EIF) the guarantee agreement…
High prices shorten the payback period of energy efficiency investments
Global progress in energy efficiency last year was more than twice the five-year average, while global energy demand grew by…
EU: EV battery recycling will require investments of 9 bln. euro by 2035
The electric car battery recycling sector in the European Union (EU) will require EUR 9 billion investment to expand capacity…
Câciu: 41% of PNRR represent investments related to EU climate objectives
A percentage of 41% of the allocation from the National Recovery and Resilience Plan, i.e. 11.9 billion euros, represents investments…
OMV Petrom renews its partnership with the Gheorghe Hagi Academy
OMV Petrom renews, for the next three years, the partnership with the Gheorghe Hagi Academy (AGH), and the contribution of…
Alpha Bank Romania merges with UniCredit Romania
Alpha Services and Holdings SA, owner of Alpha Bank SA, and UniCredit have agreed on the main financial terms for…
Avigail Shtamler-Paz: By 2030, Israel will replace coal with renewables
Israel plans to completely phase out the use of coal for electricity generation by 2026, and the country’s energy mix…
Mioara Brașoveanu is the new Executive Director of Electrification Business off ABB Romania
Mioara Brașoveanu has been appointed to the position of Executive Director, Vice President Commercial, Electrification in Romania as of October…
Burduja: At this moment we have not considered giving up MACEE
The capping-compensation system has helped citizens, and it will continue to be maintained, Minister of Energy Sebastian Burduja said at…
Nuclearelectrica allots over 37 mln. lei for the maintenance of the Cernavodă plant
Nuclearelectrica allocates 37.57 million lei for maintenance services of electrical systems and equipment at the Cernavodă Nuclear Electric Power Plant,…
Cluj-Napoca received the EU mission label for its plan to become climate neutral by 2030 the latest
Along with nine other European cities, Cluj-Napoca received, on Thursday, the label of the EU mission for smart and climate-neutral…
Dobre: PNRR foresees 30,000 electric car charging stations by 2026
Romania must install, by 2026, according to a milestone in the National Recovery and Resilience Plan (PNRR) 30,000 charging stations…
110 employees of OSCAR Downstream renovated the Sextil Pușcariu High School in Brasov County
OSCAR Downstream, the largest independent fuel distribution company in Romania, contributed at the end of September to the renovation of…
Burduja: We are on schedule to have the new PNIESC in the spring of next year
The Ministry of Energy is in the process of updating the National Integrated Plan in the field of Energy and…
Ilinca Von Derenthall and Adina-Lacrimioara Hanza, provisional mandates in Transgaz Board
Ilinca Von Derenthall and Adina-Lacrimioara Hanza received new provisional mandates in the Transgaz Board of Directors, following today’s General Shareholders’…
Fechet: Romania is the country with the most strategies per capita
Romania needs measures to support the concrete way in which a strategy is implemented, through sanctioning measures, where there is…
Republic of Moldova is increasingly open to foreign investors
By year end, the Government of the Republic of Moldova will announce the first tenders for large wind and photovoltaic…
ProCredit Bank promotes sustainable agriculture at Sustenagora
ProCredit Bank successfully organised the first edition of the conference “Sustenagora: Sustainable Agriculture”, which brought together more than 50 farmers…
SAMER convenes General Assembly of members to elect new leadership
The professional association of the Society of Energy Auditors and Managers of Romania – SAMER, convenes the General Assembly for…