IEA: One in five cars sold this year will be electric
Electric cars will represent almost a fifth of the global market in 2023, according to the report of the International…
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General Interest
Menlo Electric and its partners install PV systems for free through the “Energy to Power your Future” program
Menlo Electric, in collaboration with selected partners, organizes free support projects for institutions involved in child welfare as part of…
Forty Management officially launches Central District Lagoon City, the first climate neutral project in CEE
Forty Management has announced that it has started work on the development of Central District Lagoon City Bucharest, the most…
OMV Petrom has started the general overhaul of the Petrobrazi refinery
OMV Petrom, the largest integrated energy company in South-Eastern Europe, announces the start of the general overhaul of the Petrobrazi…
EY: European economy shows resilience but the recovery will be sluggish
Euro area economic growth surprised on the upside, with stagnant GDP in Q4 2022 and likely modest growth in Q1…
Fitch: Romania and Bulgaria, highly vulnerable to decarbonisation transition risks
Romania, Bulgaria and Poland have the highest decarbonisation transition risks in Central and Eastern Europe (CEE), an analysis by global…
Knauf Insulation started works at the new thermal insulating wool factory in Târnăveni
Knauf Insulation, one of the largest producers on the market of insulating materials, part of the Knauf Group, started the…
Fondul Proprietatea sells its Romanian holdings in Enel to PPC for 650 mln. lei
Fondul Proprietatea sold its holdings within the Enel group in Romania to PPC for the sum of 650 million lei,…
Russians from the management of Petrotel Lukoil Ploiesti were dismissed
The Supervisory Board of the Petrotel refinery in Ploiești, controlled by the Russian oil giant Lukoil, has replaced 4 of…
OMV Petrom finances a program aimed at conserving biodiversity with 800,000 euro
The Foundation for the Development of Civil Society (FDSC), the ProPark Foundation (ProPark) and the OMV Petrom Foundation are launching…
For the second consecutive year a CEZ professional is part of the Aspen Young Leaders Program
If last year, a valuable member of the distribution operator was selected to participate in the ASPEN Young Leaders program,…
A new stage of the dialogue with the EC regarding the payment of the second payment installment from the PNRR, completed
Romania has completed a new stage of the dialogue with the European Commission regarding the payment of the second tranche…
ANRE elections: George Niculescu- president, Gabriel Andronache – vice-president
The joint plenary session of the Chamber of Deputies and the Senate decided, on Wednesday, to appoint George Niculescu, former…
EP adopted the reform of the EU system for trading emission certificates
The European Parliament adopted, on Tuesday, several key legislative acts that are part of the “Fit for 55 in 2030”…
APIA announces a 35% increase in sales of electric cars in Q1
New car registrations increased in Romania in the first quarter of 2023 (Q1) by 27.7% compared to the same period…
Flavio Cattaneo, proposed for the position of general manager of the Enel Group
Italian Government led by PM Giorgia Meloni proposed on Wednesday evening Flavio Cattaneo for the post of general director at…
Romanian annual inflation rate decreases slightly in March
The annual rate of inflation decreased to 14.53% in March 2023, from 15.5% in February 2023, as food goods price…
OMV Petrom launches the CarHome app, a personal assistant for drivers
OMV Petrom launched CarHome app, which digitizes services available in OMV and Petrom stations, such as RCA (CLI) and vignette…
IMF forecasts a slowdown of the Romanian economy and an inflation of over 10% in 2023
The International Monetary Fund (IMF) has significantly revised the estimates regarding the growth of the Romanian economy this year, from…
Raiffeisen Bank launches a carbon footprint calculation solution in the loyalty application
The loyalty and reward application Raiffeisen Smart Market diversifies its services by adding the carbon footprint calculation solution in Romania,…
EY: Enel-PPC deal, the most important of 2023
The Romanian mergers and acquisitions (M&A) market recorded 57 transactions in the first three months of 2023, representing a repeat…
Ariston: Positive results in Q4 lift annual revenue and EBIT result to record levels
The Ariston Group today announced net revenues of 2,379 million euros in 2022, 19.7% more than in 2021. Growth was…
AOAR protests against the selection made by the Ministry of Economy for state aid
The Association of Romanian Businessmen (AOAR), representing companies with Romanian capital that carry out production activities, brings to the attention…