CET Bacău: State receivables exceed 20 million euro
Instead of investing in the rehabilitation of CHPs and distribution networks, many mayoralties waited for their bankruptcy and chose to…
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Virgil Popescu: We have come to import energy, in the last 10 years no new capacities have been installed
In the last 10 years, no new electricity production capacity has been built in Romania and it is shocking what…
Transgaz posted an 18% increase in net profit in the first half of the year
Transgaz, the national gas carrier, registered in the first half of this year a net profit of 231 million lei,…
Deloitte: Companies spend less than 5% of their revenue on technology
Companies around the world spend less than 5% of their revenue on technology, including so-called cutting-edge technology organizations that have…
Delgaz Grid: Over 900 cases of fraudulent energy and gas consumption in H1
Delgaz Grid specialists identified, between January and June, 914 cases of fraudulent consumption, 458 of them being in the natural…
OMV Petrom and Auchan partnership: 400 MyAuchan stores across the Petrom network over the next five years
OMV Petrom, the largest energy company in Southeast Europe and Auchan Retail Romania, the Romanian subsidiary of Auchan Retail, one…
IFC appoints new regional manager for Central and Southeast Europe
The International Finance Corporation (IFC), a member of the World Bank Group, has appointed Ary Naïm as its Regional Manager…
VW ID.3 set a new single-charge range record: 531 km
Volkswagen’s new electric car, ID.3, managed, in a factory test, to break all consumption records of this model so far,…
Limitation on human resources delays automation projects
Digital transformation begins with taking over the data from the installations for an improved visibility on the real time status…
The role of the O&G industry in carbon capture, use and storage – White Paper Energynomics
For many years, CCUS (Carbon Capture, Utilization and Storage) technologies have focused on the mining industry and on the coal-fired…
PwC: Romania will have the fastest recovery of car sales in Central Europe, after the decline of 2020
Romania could record the largest decrease in sales of new passenger cars and light commercial vehicle (LCV) in Central Europe…
OMV issues €1.25 bln. in bonds to finance the acquisition of the additional Borealis stake
OMV, the main shareholder of the most important Romanian oil and gas company, OMV Petrom, announced the launch of a…
Răzvan Copoiu, the new general manager of Signify for Romania and South-Eastern Europe
Starting with August 17, 2020, Răzvan Copoiu holds the position of General Manager of Signify Romania and 9 other countries…
CFA Romania: Impact of the pandemic to last until next summer
The average exchange rate of the leu for the end of January 2021 is of 4.9 lei/euro and in July…
Exxon Mobil has been replaced in the Dow Jones Stock Exchange by a software company
Oil giant Exxon Mobil, which has been among the top 30 companies in the Dow Jones Industrial Average since 1928,…
McLaren will stop producing gasoline-powered cars by 2030
British sports car maker McLaren will focus on the development of hybrid cars over the next ten years and estimates…
Competition Council will publish a blacklist of companies that have been sanctioned for rigging tenders
The Competition Council will publish in the next period a black list of economic operators who have been involved in…
ANRE classifies as confidential over 40 types of documents, data and information
Documents and annexes of the development plans of Transelectrica, Transgaz or those of the distributors, the annual and/or monthly reports…
Emerson increases its investments in Cluj
Emerson, a global technology, engineering and production company based in the USA, is expanding its investments and presence in Cluj-Napoca,…
Budget deficit rose to 4.7% of GDP after the first seven months of 2020
The execution of the general consolidated budget in the first seven months of 2020 registered a deficit of 49.68 billion…
The price of electricity fell by more than 30% in July on DAM
The price of electricity decreased by over 30% in July 2020, compared to July 2019, on the market segment for…
Electric-Up: 200 mln. euro for photovoltaic panels and e-charging stations
Ministry of Economy, Energy and Business Environment proposed, in the Government meeting, at first reading, an emergency ordinance for the…
Minister of Economy, about saving COS Targoviste: A scenario is the conversion of debts into shares
The Minister of Economy, Virgil Popescu, said on Tuesday, in Găeşti, Dâmboviţa County, that one of the scenarios considered for…