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…
Tesla rocked by executive departures, Musk web show
Tesla Inc shares fell nearly 9 percent on Friday as the resignation of its chief accounting officer after just a…
Energy groups urge extension of EU rules to prevent VAT fraud
A group of major European energy market associations on Tuesday urged EU member states to extend protections against VAT fraud…
The Competition Council takes one more step towards the Price Monitor, car fuels included
The Competition Council will launch this week the auction for the development of the “Price Monitor”, which will also contain…
Competition to approve RADET – ELCEN merger
“I see signals coming from the press, I have not received anything official yet and I cannot even pronounce myself…
Boza: New EU pollution norms may get CEO out of the market
The new proposals of European directives in the energy sector impose certain technical barriers, which will practically remove coal based…
BMW to launch 3 Series cars in electric version
BMW plans to launch the electric version of the famous 3 Series models, a decision to keep the Tesla rival…
Transelectrica cuts regulated tariffs by 19%
The state-controlled electricity transporter Transelectrica, announced that as of July 1st, the average tariff for the transport service drops by…
Gabriel Resources demands 4.4 bln. USD in damages to Romanian state for Rosia Montana
Gabriel Resources, the parent company of Roşia Montană Gold Corporation, will request a 4,4 billion dollars indemnification from the Romanian…
Sovereign Fund project to be adoped by law until September
The Project regarding the Sovereign Development and Investment Fund (FSDI) will be implemented by September through the adoption of a…
ANRE tariffs may grow to 1% of revenue – ANRE denies
The tariffs charged by energy and telecommunication market regulators, ANRE and ANCOM, will increase at 1% of the turnover, according…
German investors react, too: Fiscal changes obstruct FDI – AHK Romania
The tax changes announced by the new government are directed “against the business environment” and are “a real danger to…