Cîţu: V-shape comeback of the economy, up 5.6% in Q3
The economy grew by 5.6% in the third quarter (Q3), and official data show a recovery in the V shape…
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INS: National electricity consumption decreased by 5.1% in the first nine months
Romania’s final electricity consumption reached 39.3 TWh in the first nine months, down 5.1% from the same period of last…
TeraPlast Group received the financing agreement for investments worth 7.9 mln. euro
TeraPlast Group received the financing agreement for the first project submitted under the state aid scheme in 2020. The project,…
Euler Hermes: Real unemployment exceeds officially reported figures
Bogdan Tudorache The unprecedented increase in the inactive population since February has led to the disappearance of more than 30…
Romgaz could enter foreclosure procedures for not paying dividends to the state
Romgaz estimates that it may enter enter foreclosure procedures by the National Agency for Fiscal Administration (ANAF) for not paying…
Manfred Paasch: Only a free and functioning market can stimulate investors
Romania should foster and support the development an internal energy market at European level, that should be competitive, integrated and…
Havrileţ: Romgaz and Petrom to produce hydrogen in a wind farm in Dobrogea
Gas producers Romgaz and Petrom are considering the development of a joint project to produce hydrogen in a wind farm…
Nuclearelectrica achieved a 14.8% increase in profit in the first nine months
Energy producer Nuclearelectrica posted a profit of 477.6 million lei in the first nine months of this year, 14.8% more…
ANRE has approved the regulation by which consumers are connected without initial costs to the gas network
The National Energy Regulatory Authority (ANRE) has approved the regulation that obliges distributors to finance the network connection works to…
EPG: Romania’s electricity production could increase more than four times if offshore wind potential would be used
Romania has a huge potential to produce energy from offshore wind sources, which could more than quadruple the amount of…
Competition greenlights Rompetrol to take over nine gas stations from Comision Trade
Competition Council has authorized the transaction through which Rompetrol Downstream takes over the right of use over nine fuel distribution…
Orban: Transgaz has planned investments worth 1.1 bln. euro for this year
Transgaz has investment projects worth 1.1 billion euro for this year, aimed at achieving not only objectives of national interest,…
ELCEN: Works on the Capital’s district heating network will start next spring
Bogdan Tudorache The works on the capital’s district heating network will start in the spring of next year, following the…
Adrian Joyce, Renovate Europe: New renovation wave will create 1.6 mln. jobs by 2030
Bogdan Tudorache The European Commission assessed that the new European energy efficiency renovation program will create about 160,000 green jobs…
Ministry of Economy completes the guide of the “Electric Up” Program
The Ministry of Economy, Energy and Business Environment announced that it has finalized the guide of the “Electric Up” Program,…
E.ON Drive reaches 100 charging points for electric cars in Romania
E.ON Energie Romania has so far installed about 100 public and private charging points for electric cars, through the E.ON…
ICCJ: Fines applied by the Competition can’t be reduced by the provisions of other laws
The High Court of Cassation and Justice (ICCJ) of Romania ruled that all companies sanctioned for anti-competitive acts, based on…
Germany wants to keep loophole for higher NOx car emissions open
European Union member states, backed by the German government, want to ensure that diesel cars are allowed to emit 43…
Climate-damaging subsidies cost Germany 46 bln. euro per year
If Germany gradually reduced ten particularly climate-damaging subsidies in the energy, transport and agriculture sectors, the federal budget could save…
Less than 40% of schools are connected to the natural gas network – Efficient Romania
1,874 schools (16% of the 11,571 which reported their status on access to utilities) do not have running water in…
Renewable power is defying the Covid crisis with record growth this year and next
Bogdan Tudorache Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the…
Verchere: OMV Petrom continues to support the Efficient Romania program until 2022
OMV Petrom will continue to support the Efficient Romania program until 2022, said Christina Verchere, CEO of the company, during…
Lukoil gives up its participation in the Trident perimeter in the Black Sea
Adrian Volintiru, Romgaz’s general manager, told G4Media.ro that Lukoil wants to sell its stake in the EX-30-Trident perimeter in the…