Vestra – state-of-the-art technologies for the utilities industry in Romania
Vestra, a Romanian company with more than 25 years of experience in the utilities and automation equipment industry, recognized for…
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General Interest
OMV Petrom, financing through PNRR for the production of green hydrogen at Petrobrazi
OMV Petrom, the largest integrated energy company in Southeast Europe, announces the signing of a financing contract through PNRR for…
ENGIE Romania: New CEO Nicolas Richard, Eric Stab becomes CEO of ENGIE Germany
ENGIE Romania announces that, after 13 years of activity in Romania, Eric Stab will end his mandate as CEO of…
Distribuție Oltenia chose the best professionals in the Electrician’s Trophy
Distribuție Oltenia resumed the tradition of the most coveted competition in the energy field, the Electrician’s Trophy, taking place between…
Codirlaşu: Exchange rate returned to the depreciation trend of last 5-7 years
The leu/euro exchange rate has returned to the depreciation trend it has been in for the last 5-7 years, Adrian…
Chiriac, CONAF, on Green Transition: If Romania will not take big enough steps, then we’ll deserve our fate
Romania must take big, gigantic steps regarding the Green Transition, otherwise we will deserve our fate, says Cristina Chiriac, president…
EY: European banks, among the first in terms of ESG, growing trend in Romania as well
European banks lead globally on overall ESG (Environmental, Social and Governance) efforts, according to the latest EY Sustainable Finance Index.…
ENGIE is training a new generation of installers in Bucharest and Ploiești
ENGIE Romania launches a new edition of the professional education program in the dual system. Graduates of the 8th grade…
Depogaz: Grant of 38 mln. euro for the modernization of the Bilciureşti gas storage
Depogaz Ploieşti signed on Wednesday with the European Executive Agency for Climate, Infrastructure and the Environment (CINEA) the agreement for…
Inflation falls more strongly in Romania than in the EU in April
The annual inflation rate in the European Union decreased slightly in April to 8.1%, from 8.3% in March, while in…
Electrica Group’s EBITDA grows, net balance in an upward trend, in Q1
In the first quarter of 2023 (Q1), EBITDA at the level of the Electrica Group registered an increase of 220…
Principle agreement for the reimbursement, with EU funds, of the expenses already incurred by the Ministry of Energy to suppliers
The Minister of Investments and European Funds, Marcel Boloş, obtained a principle agreement from the European Commission for the settlement…
ORSE: Romania must invest in building and heating systems refurbishment through REPowerEU
The high costs for heating caused by the inefficiency of buildings and thermal systems represent the main source of vulnerability…
Hidroelectrica cancels procedures to replace its car fleet
Hidroelectrica cancels the purchase procedure for the operational leasing of 203 sedan and station wagons, respectively SUVs, under the conditions…
EBRD improved outlook for the Romanian economy in 2023 to 2.5%
The European Bank for Reconstruction and Development (EBRD) has improved the estimates regarding the evolution of the Romanian economy in…
It’s official: OMV Petrom will pay the solidarity tax – 300 mln. euro for 2022 and 76 mln. for Q1 2023
OMV Petrom announced, through a statement sent to the Bucharest Stock Exchange, that it will pay a solidarity tax of…
Transgaz reported a 53% drop in net profit after the first quarter
In the first quarter of this year, Transgaz recorded an individual net profit of 125.37 million lei, down 53% compared…
IFC invests 100 mln. euro in BCR’s green bond issue
To help expand climate finance while strengthening Romania’s banking system and capital markets, IFC is investing 100 million euro in…
Enel: New board appoints Flavio Cattaneo as CEO and general manager
The Board of Directors of Enel, appointed by the ordinary Shareholders’ Meeting on May 10th, 2023, meeting for the first…
Boloş: Romania’s REPowerEU plan has not been rejected, but is in the informal consultation phase
Romania’s REPowerEU plan has not been rejected, but is in the informal consultation phase, the European Commission asking for additional…
First quarter profit: Hidroelectrica increases by 34%, Romgaz stagnates, SNN loses 6.4%
Hidroelectrica achieved a net profit of 1.74 billion lei after the first three months of 2023, 34% higher than that…
Mircea Man, ANRE: We will make a series of important changes that will help investors
Mircea Man, the vice-president of ANRE, announced announced during the Energy Forum – Renewables event organized on Thursday, May 11,…
Dan Drăgan: Europe first of all needs energy security at affordable prices
Europe primarily needs energy security at affordable prices, and reducing dependence on Russian energy imports, increasing security of supply and…