Simtel Team to be listed on the main tier of the Bucharest Stock Exchange
Simtel Team intends to get listed on the main tier of the Bucharest Stock Exchange either at the end of…
Schneider Electric’s first Sustainability School opens for enrolment
Schneider Electric announced that the Schneider Electric Sustainability School is open for enrolment. Free to access, the digital platform provides…
Simtel Team: Turnover increases by 580% in Q1, the company will launch its own solar park next month
Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a…
Gazprom’s profit plunged by 40% in 2022, the payment of annual dividends was canceled
Gazprom said on Tuesday its 2022 net profit fell more than 40%to 1.266 billion rubles ($15.77 billion) from 2.093 billion…
Delgaz Grid developed an online platform dedicated to future prosumers
Delgaz Grid takes a new step in the process of digitalizing services and makes available to future prosumers a dedicated…
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…
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…
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…
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…
CITR: 1,644 companies entered insolvency in Q1 2023, of which 23 impact companies
About 1,644 companies went insolvent in Q1 2023, a number similar to the one in Q1 2022, when 1,610 insolvent…
Bosch Group announces a 12% increase in sales to 88 bln. euro for 2022
In 2022, Bosch exceeded its business targets in what was a challenging year. The supplier of technology and services increased…
EIF and Patria Bank signed the first agreement in Romana within InvestEU
The European Investment Fund (EIF) signed a loan agreement worth 5 million euros with Patria Bank, a Romanian lender specialized…
Bosch aims to increase sales from industrial technology to over 10 bln. euro
Bosch aims to achieve sustainable growth with the help of industrial technology. Its sales figure in the field of industrial…
EU sets binding environmental targets for the aviation sector
After intense and long discussions, the negotiators who represented the EU member states and the European Parliament reached an agreement…
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…
E.ON announces the change of the chairmanship of the Supervisory Board, taken over by Erich Clementi
The Chairman of the Supervisory Board of E.ON SE, Karl-Ludwig Kley, has decided not to stand for re-election to the…
Competition analyzes the takeover of Alteo Energy by MOL RES and its partners
The Competition Council in Romania analyzes the transaction by which MOL RES Investments, Riverland and Fonix intend to take over…
Electromontaj recorded, in 2022, an increase in turnover of over 20%
Electromontaj recorded a sustainable increase in turnover in 2022, by over 20% compared to the previous year, said Ionuţ-Adrian Tănăsoaica,…
ENEL sells its Romanian assets to PPC for 1.26 bln. euro
Enel has signed today with Greek company Public Power Corporation S.A. (PPC) the agreement for the sale of all the…
Delgaz Grid plans to absorb 700 mln. euro from European funds until 2030
The Delgaz Grid company, part of the E.ON group in Romania, plans to attract, in the coming years, 700 million…
Romgaz trade unionists demand the dismissal of the members of the Board of Directors
The Free Trade Union of Romgaz sent a petition to the President of Romania, Klaus Iohannis, to the Prime Minister…