Investments in smart cities are crucial for increasing the quality of life
Investments in smart infrastructure and smart cities are crucial to improving quality of life and sustainable business, but technology is…
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General Interest
The City Hall of Sector 2 will create a one-stop shop for energy efficiency solutions
The City Hall of Sector 2 in the Capital intends to create a map of energy poverty and a one-stop-shop…
Funds of 1.3 billion euros from ADR-BI available between 2021 and 2027
The Bucharest-Ilfov Regional Development Agency (ADR-BI) has over 1.3 billion euros of funds available in the period 2021-2027 for digitalization…
P. Moldovan: Bucharest’s digitization stalled for a while, but it is finally moving forward
Bucharest has stagnated for a period of several years in terms of digitization and efficiency of energy consumption, but the…
Individual buildings must also be energy renovated in Romania
Romania will also have to deal with the efficiency of energy consumption in the private-own residential buildings, not just blocks…
Certification of sustainable cities is making slow progress due to resistance from local authorities
The certification of sustainable cities in Romania is progressing at a slow pace due to the “resistance” of municipalities, but…
REI: Budgets of 3 billion euros for PVs and energy efficiency
Companies and local public authorities in Romania are still interested in ensuring as much independence as possible from energy suppliers…
Strict criteria for European Green Bond
Lawmakers in the European Parliament and the European Council reached to an agreement on the creation of standards for proposed…
Romcarbon sold its stake in Green Group
Romcarbon Buzău (ROCE), leader in the Romanian plastic recycling market, has sold its stake in the Green Group holding, owner…
Dan Drăgan: Prices were kept at a sustainable level for domestic and industrial consumers
The measures that were implemented by Ministry of Energy, during 2022 showed their effects, and prices were kept at a…
Delgaz Grid to invest 180 mln. euro in 2023, 36% more than the previous year
Delgaz Grid, part of the E.ON group in Romania, has budgeted for this year investments of 915 million lei (over…
OMV Petrom sponsors the “Romania plants for tomorrow” project with 3 mln. euro
OMV Petrom, the largest integrated energy company in Southeast Europe, continues the “Romania plants for tomorrow” project and focuses its…
Aramco may become a shareholder of the joint venture created by Renault and Geely
Saudi Arabia’s oil giant Aramco is close to a deal to take a stake in the new combustion engine joint…
Patria Bank doubled its net profit last year, to 20 mln. lei
Patria Bank posted a net profit of 20.24 million lei last year, up 114%, from 9.46 million lei in 2021.…
Germany’s bill for gas imports doubled last year, in spite of decrease in volume
Germany’s natural gas imports cost double in 2022 compared to 2021, even though imported gas volumes fell by 30%, according…
Chimcomplex: Sales of over 2.2 bln. lei, EBITDA of 480 mln. lei in 2022
Chimcomplex reports total revenues of 2,415,212 thousand lei, of which 2,385,750 thousand lei operating income. The increase in utility purchase…
Romania to open new foreign investment agency which will report into the prime minister’s office
Romania’s new agency for investment and foreign trade will be operational within “a few months”, said George Agafiței, state counsellor…
Olimpia Parking uses ABB technology for electric vehicles charging and smart buildings
Olimpia Parking, the largest private car park serving the Henri Coandă International Airport in Bucharest, is the first parking service…
FP: Net profit of around 2.8 bln. lei in 2022, shares yield of 12%
Fondul Proprietatea recorded an audited net profit of RON 2,769,448,871 for the financial year ended 31 December 2022. The main…
Transgaz reports a 97% increase in net profit in 2022
Last year Transgaz obtained a net profit of 368.689 million lei, an increase of 97% compared to 2021’s figure, which…
Romgaz ended 2022 with a net profit of 2.54 billion lei
In 2022, Romgaz obtained a net profit of 2.544 billion lei, up 32.87% compared to the previous year, according to…
Transelectrica announces a net profit of 529 mln. lei for 2022
The National Electric Energy Transport Company Transelectrica registered a net profit of 529.16 million lei in 2022, a significant increase…
Teofil Mureșan, E-Infra: Nova Power&Gas finalized a 40 MW plant, an investment of 100 mln. euro
The companies of the E-Infra group are considering numerous investments in green capacities. Thus, Nova Power&Gas, part of the E-Infra…