More Germans dissatisfied with energy transition’s implementation – survey
A vast majority of Germans continue to support the energy transition in principle but there is growing frustration about its…
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Electrica’s objective is a balanced portfolio including renewables
Undergoing an ambitious process of internal transformation, Electrica group is facing this year rather unclear market conditions after the legislative…
EPG: Emergency short-term solutions should be combined with measures for a smooth and sustainable post-crisis recovery
EPG pleads for the need of an economic recovery plan as response to the Covid-19 crisis, especially in Romania and…
Record Results For Photon Energy in 2019
Photon Energy N.V. announced record audited financial results for 2019, with consolidated revenues up by 48.9% to EUR 30.15 million,…
Andrei Căvescu, AON Romania: The new risks are now insurable too
The legislative risk is among the biggest risks that may lead to financial risks, according to the Global Risk Management…
Corina Popescu, Electrica SA: The crisis caused by the Covid-19 pandemic has set our work on new principles
2020 was going to be a year of preparations and challenges raised by the new rules and procedures introduced by…
Romgaz Vs. SIF Moldova: Dividends were affected by the Coronavirus crisis
SIF Moldova (SIF2), a shareholder with investments of 267 million lei in Romgaz, considers that the dividend of 1.61 lei…
Havrileț: Electricity prices could be liberalized in advance, starting July 1st
In the context of the significant reduction of the price of electricity on the wholesale market, the government plans to…
INS: The turnover in the industry increased by 4.3% in the first two months
Industry business increased by 4.3% in the first two months of 2020, compared to the same period last year, following…
The current account deficit increased by 84% in the first two months of 2020
The deficit of the current account of the balance of payments increased by 84.65% in the first two months of…
Foreign direct investment decreased by over 70% in the first two months of 2020
Foreign direct investments fell by 70.86% in the first two months of this year, to 409 million euro, compared with…
Electrica Furnizare grants a sponsorship worth 30,000 euro to the County Emergency Hospital Drobeta-Turnu Severin
Electrica Furnizare grants a sponsorship worth 30,000 euro to the Drobeta-Turnu Severin County Emergency Hospital, for the purchase of medical…
IMF predicts that Romania’s economy will shrink by 5% in 2020
The International Monetary Fund (IMF) has revised significantly the estimates of the evolution of the Romanian economy this year, in…
CEZ: Basic food for 1,750 vulnerable elderly during the Easter season
This year, approaching gestures, visits and time spent with seniors should be replaced with responsible actions designed to protect and…
CEZ donates about 800,000 lei to the local community
CEZ feeds its #energiepentrubine network, actively engaging in the fight against COVID-19, with donations of medical equipment and food to…
Enel: Launch of the European alliance for a Green Recovery
At the initiative of Pascal Canfin, Chair of the Environment Committee at the European Parliament, 180 political decision-makers, business leaders,…
ENGIE Romania supports vulnerable people with free home repairs services
In the context of the COVID-19 pandemic, ENGIE Romania supports vulnerable people over the age of 65, from Bucharest, who…
Corina Popescu, Electrica: Support measures for customers affected by the current crisis cannot be solely the suppliers’ responsibility
The support measures for certain categories of customers affected by the current crisis cannot be solely the electricity suppliers’ responsibility…
EC approves a 3.3 bln. euro aid scheme for Romania, aimed at supporting SMEs
The European Commission approved on Saturday an aid scheme for Romania worth 16 billion lei (about 3.3 billion euro), aimed…
CE Oltenia employees will enter gradually technical unemployment
The approximately 13,000 employees of the Oltenia Energy Complex (CEO) will enter into technical unemployment, gradually, from April 13 until…
Primary energy resources decreased by 2% in the first two months
Primary energy resources decreased by 2%, in the first two months of the current year, and those of electricity increased…
More than 1.04 million labor contracts have been suspended since the declaration of state of emergency
A number of 1,046,527 individual employment contracts have been suspended since the entry into force of the state of emergency…
Aid package for SMEs worth 750 mln. euro
Romania discusses in Brussels a package of direct support for SMEs worth 750 million euro, says Minister of Economy, Energy…