Nuclearelectrica reports a net profit up 18% in H1
Bogdan Tudorache Nuclearelectrica obtained, in the first half (H1), a net profit of 343.2 million lei, up by 18.1% compared…
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Orban: I warn the temporary authorities of the Republic of Moldova not to try to politicize the Ungheni-Chisinau gas pipeline
On Friday, the Prime Minister of Romania, Ludovic Orban, warn the Moldovan authorities not to politicize the issue of the…
E.ON completed the photovoltaic plant in TeraPlast Park Bistrita, project of 1.9 mln. euro
E.ON Energie România has completed the installation of one of the largest photovoltaic energy generation systems mounted on roofs in…
Rompetrol Rafinare: Declining financial results in H1, due to unprecedented volatility in the oil market
Rompetrol Rafinare, a member company of the KMG International Group, recorded declining financial results in the first half of 2020,…
Electrica Group’s profit increases by 74% in H1
The Electrica Group obtained, in the first half of 2020 (H1), a consolidated net profit of RON 190 million, registering…
Romgaz announces a 16% drop in deliveries in H1
The operational and financial performances of the Romgaz Group achieved in the first half of 2020 (S1) remain high, even…
E.ON Energie Romania launched the 17th fast EV charging station
E.ON Energie Romania put into operation, this week, a new fast charging station for electric vehicles, in Constanţa, thus continuing…
Adjustment of the economy in the second quarter, the most severe pace since the early 1990s
Statistics show an adjustment of the economy in the second quarter of this year at the most severe pace since…
Romania’s economy contracted by 12.3% in Q2
Romania’s economy recorded a decline of 12.3% in the second quarter of this year (Q2) as compared to the first…
New obligations for buildings owners on EV charging station
New buildings or those that will undergo major renovation works will need to have infrastructure for the installation of charging…
partnerg-i eyes a good opportunity for industrial consumers when contracting natural gas
The gas year begins on October 1 and ends on the same date of the following year, and it consists…
Hidroelectrica’s privatization, blocked until the autumn of 2022
Bogdan Tudorache The President of Romania, Klaus Iohannis, approved on Thursday the law on ”some measures to protect national interests…
Gov’t approves the budget correction by emergency ordinance
Bogdan Tudorache The government will approve an Emergency Ordinance on Friday, which will bring some necessary changes to implement the…
Greece is postponing the tender for the concession of an underground gas storage facility
Greece has postponed by a month the deadline by which investors could bid for the concession of an underground gas…
BSOG begins installing pipeline to shore up gases from Midia Black Sea perimeter
The oil company Black Sea Oil & Gas (BSOG), controlled by the American asset management group Carlyle, the only concessionaire…
Dacian Petroleum buys 40 perimeters from OMV Petrom for almost USD 18 mln
Dacian Petroleum will buy 40 OMV Petrom fields located in the south of Romania and with a cumulative oil and…
OPEC cut its oil demand estimates for 2020
Global oil demand will fall more sharply this year than previously forecast due to the coronavirus pandemic (COVID-19) and there…
Ember: Wind turbines and solar panels produced 10% of global electricity
Wind turbines and solar panels produced a record 10% of global electricity in the first half of 2020, following the…
Prime minister’s control body found irregularities at Transelectrica and the Smart subsidiary
The Prime Minister’s control body completed a control at Transelectrica and its Smart subsidiary, following which it discovered irregularities in…
eMag invests 90 mln. Euro in a “green” logistics center of 130,000 sqm
Online retailer eMag is investing 90 million euro in a new 130,000 sqm logistics center, located at kilometer 19 of…
Foreign direct investment fell to 352 million euro in H1
The direct investments of non-residents in Romania decreased to 352 million euro in the first half of this year (H1),…
Pewete chose Romania in order to create a hub of services for Europe
Pewete Evo Europe SRL appeared on the Romanian well services market in 2018, but the General Manager, George Căpățînă is…
Mintia trade unionists threaten to stop the activity on August 18
The employees of the Mintia Thermal Power Plant are threatening to stop working since next week, on August 18, on…