ELCEN exits insolvency; the way is opened for major investments
Electrocentrale București SA (ELCEN), the main supplier of heating for the centralized thermal energy supply system in Bucharest and one…
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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 announces a 20MW green hydrogen project, own solar projects of 90MW
OMV Petrom will invest in a 20MW-green hydrogen project and in new photovoltaic projects totaling around 90MW. Also, the company…
OMV Petrom will invest 600 mln. lei in Neptun Deep this year, total investments up 70%, to 6 bln. lei
OMV Petrom will increase the level of investments in the next period to 6-7 billion lei anually. Thus, this year…
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…
Bulgaria started works on the gas interconnector to Serbia
Bulgaria started works on the gas interconnector with Serbia on Wednesday, a pipeline that will allow non-Russian gas deliveries to…
Energy efficiency measures for Polish local authorities
Experts from the Polish Energa Group companies presented measures that can help reduce electricity consumption for local governments across Poland,…
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…
Russian liquefied gas exports to Europe increased by 20% in 2022
Russia supplied Europe with 17 million tonnes of liquefied natural gas (LNG) last year, an increase of around 20% compared…
Enel Green Power sets new records in 2022 for renewable capacity
Enel Green Power (EGP) set a new record in 2022 by building 5,223 MW of new renewable capacity, including 387…
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…
ABB E-mobility has sold more than one million EV chargers globally
ABB E-mobility has announced the delivery of its one millionth electric vehicle charger, the latest milestone in the company’s ongoing…
EU: Share of fossil fuels in available gross energy stabilized at 70% in 2021
The European Union continues to depend to a large extent on fossil fuels for its energy supply, their share in…
Bulgaria to double its gas storage volume
The project will be financially supported by the European Commission and by 2025, the country hopes to have a new…
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…
Romgaz has not concluded any contract to lease Neptun Deep capacity
Romgaz (SNG) or its affiliate Romgaz Black Sea Limited do not have any concluded or ongoing contracts aimed at the…