Schneider launches industrial digital transformation consulting and deployment service
Schneider Electric, the leader in the digital transformation of energy management and automation, today launched its new Industrial Digital Transformation…
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General Interest
Deloitte: Transition toward green economy can create 300 mln. jobs worldwide by 2050
Transition to the net-zero economic model can protect the labor market against climate change related risks and can create up…
OMV Petrom Foundation and World Vision launch the “Start in education” project
OMV Petrom Foundation and World Vision Romania launch the largest early education project in Romania – “Start in education”. The…
Kathleen Ann Kavalec, new US Ambassador to Romania
The US senate recently confirmed Kathleen Kavalec as the US ambassador to Romania. Last week, at the State Department, Ms.…
TeraPlast expands its logistics chain with a distribution center for southeast Romania
TeraPlast strengthens its geographic coverage in Romania by opening a new warehouse in the southeast of the country, in Galati.…
The solidarity tax will affect over 40 Romanian companies, but cost will be supported by consumers
The solidarity tax will affect over 40 large Romanian companies, including many energy companies such as Electrica Furnizare, Transelectrica, Tinmar,…
Positive evolution for UPRUC-CTR: turnover increased to 11.7 mln. euro in 2022
UPRUC-CTR, manufacturer of welding fittings and steel pressure vessels for the oil&gas and thermal industry, recorded a 27% increase in…
Ovidiu Neacșu, Sierra Quadrant: We transformed ELCEN from a bankrupt company into a solid economic actor
The court confirmed the end of the reorganization procedure of ELCEN Bucharest, thus officially marking the reinsertion of the company…
Global ESG Monitor assessed sustainability reporting for the 20 companies included in the Bucharest Stock Exchange (BET) index
Romanian corporations significantly trail their global peers when it comes to the reporting of non-financial ESG data, according to Global…
2.7 million dollars for cyber security at Transelectrica
The national electricity transmission and system operator, Transelectrica, has 2.7 million dollars available to carry out a feasibility study and…
Franck Neel: We are working on the financing and EPC contracts for the projects at CE Oltenia
OMV Petrom is currently working on concluding the financing agreement and the EPC contract for the projects developed together with…
OMV Petrom does not pay the solidarity contribution, but announces a special dividend
OMV Petrom will not pay the new solidarity contribution, established by GEO 186/December 28, 2022, as the threshold of 75%…
E-acumulatori doubled its sales in 2022 due to prosumer demand
E-acumulatori.ro, a platform that sells renewable energy solutions and a photovoltaic system installation company authorized by the Environmental Fund Authority,…
Târgu Mureş PET Recycling Team factory, an investment of 7.5 mln. euro, started production
The Alpla Group, together with its partners, Ecohelp and United Polymer Trading (Switzerland), opened in Târgu Mures its first PET…
CITR: Only 67 impact companies entered insolvency in 2022
More than 6,700 companies entered insolvency in 2022, a 10% increase compared to 2021 (6,144). Of these, 67 are impact…
Accenture: Companies that invest in technology and transform their businesses have higher growth
New research from Accenture finds that to grow and lead in today’s volatile environment, a small group of companies are…
OMV Petrom overcharging: A special commission meets on Wednesday evening
A special commission formed by members of the Government and ANRE and also of OMV Petrom will meet on Wednesday…
PwC: Global M&A market falls below record 2021 levels
In 2022, the global mergers and acquisitions (M&A) market fell 17% in volume and 37% in value from its record…
The new EU ETS reform to generate price increases
The EU ETS market, that covers around 40% of the EU’s emissions (energy sector, industrial installations and aviation), will see…
REI: 5 bln. euro non-refundable funds for companies and local authorities
Companies and local public authorities have at their disposal 12 financing programs totaling approximately 5 billion euros in the coming…
CSR: OMV Petrom supplements the contribution for the modernization of the Ploiești Emergency Hospital
OMV Petrom supplements the contribution for the modernization of the operating block of the Ploiești Emergency Hospital with around 2…
AFM subsidies for prosumer solar panels to grow to 3 bln. lei in 2023
The budget provided for the photovoltaic panels of the prosumers for 2023 will increase to 3 billion lei, funds that…
Transelectrica plans the expansion of OPCOM in the Republic of Moldova
The National Electric Power Transport Company Transelectrica SA received on Thursday, January 26, 2023, the official delegation from the Republic…