Stock exchange marks a comeback to pre-GEO 114 levels
The capitalization of listed companies on the Bucharest Stock Exchange’s regulated market increased by 3.6% last week, totaling 164.68 billion…
Acasă »
News
The City Hall intends to refurbish 31 km of Bucharest’s heating network in 2019
The City Hall intends to invest this year in the refurbishment of 31.2 km of network, while more than 75%…
EU fines GE EUR 52 million over LM wind deal
EU antitrust regulators on Monday fined U.S. conglomerate General Electric 52 million euros ($58.4 million) for providing misleading information in…
Fondul Proprietatea requests extra-dividends from Nuclearelectrica; if approved, SNN will pay 92 million euro to shareholders
Until recently, we were accustomed to the Romanian state demanding additional dividends from the companies it manages. But this time…
Romania’s M&A market dropped by 50% in Q1 2019
Romania’s mergers and acquisitions (M&A) market reached 200-300 million euro in the first quarter of the year, including silent transactions,…
ANRE must come up with rules for companies that can recover gas price losses
Companies that have to sell gas at a capped price can recover their losses by June 30, 2022, according to…
Delgaz Grid: 25,000 consumers affected by plant fires
Delgaz Grid faced this spring a series of problems due to vegetation fires, mostly in rural areas, affecting gas and…
WB: Economic growth in Europe to decline to 2.1%
Economic growth in the Europe and Central Asia region slowed to 3.1% in 2018, and is projected to decline to…
Nagy-Bege: The high prices of current energy contracts are not a benchmark
ANRE vice-president Zoltan Nagy-Bege says the high prices for electricity contracts are not a benchmark for the future. He says…
ANRE: Suppliers cannot sell gas at a capped price except to the population and CTUs
Gas suppliers received from ANRE the ban to sell to other customers, outside the population and central thermal power stations,…
Mayors can decide the expansion of natural gas distribution networks
The Government today approved, at the proposal of the Ministry of Energy, the Government Decision on the establishment of the…
Meyer, FP: GEO 114 affects the sale of Hidroelectrica, the Fund may sue the state
Bogdan Tudorache It is hard to believe that Fondul Proprietatea will sell the Hidroelectrica package, due to the price pressures…
Chiriţoiu: The fuel market, an oligopoly dominated by a large player
The Competition Council has finalized the fuel market investigation and the conclusion is that in this segment the competition is…
Alina Petrescu, former spokesman of the Government, Petrom’s communications director
Alina Petrescu is the new Director of Communication and Sustainability of OMV Petrom as of May 1, according to market…
Romgaz to start drilling in Slovakia
Romgaz, one of the two gas producers in Romania, which has a minority stake in a field in Slovakia, will…
Romania will invest 720 million euro in expanding gas storage, but due to GEO 114, risks to fail becoming a regional hub
Bogdan Tudorache Romania will invest around 720 million euro in expanding gas storage capacity in the medium term to increase…
Nagy-Bege: It’s hard to believe that the final target for renewables will remain at 27.9%
Bogdan Tudorache Romania has a much higher potential than the current 27.9% renewables target, says Zoltan Nagy-Bege, vice president of…
Bankwatch and Greenpeace facilitate the reintegration of mining regions
Bankwatch Romania and Greenpeace Romania organized a Round Table on Wednesday, April 3, at Petroşani University to facilitate a discussion…
Valeriu Binig leaves EY and takes over Claudia Brandus position at Enel
Enel Romania appointed Valeriu Binig as Regulatory and Antitrust Affairs Director, while Claudia Brandus, who previously coordinated the regulatory activities,…
CSR: MOL helps building a heliport on the rooftop of the Children Hospital „M. S. Curie”
MOL Romania and the Children’s Heart Association will build a helipad on the roof of the Children’s Emergency Clinical Hospital…
Zoltan Nagy-Bege is talking about a gas re-liberalization calendar
Romania got an infringement, voted on March 7, for the incorrect application of the Gas Directive. The deadline for the…
King of Spain Felipe VI at WindEurope 2019: We are at a key moment in the process of transition to renewable energy
We are in a key moment in the process of energy transition, said King Felipe VI of Spain at WindEurope2019…
European Commissioner: We ask Member States to eliminate regulated prices and open the market
The European Commission asks Member States to open the electricity and gas markets and to abolish regulated prices, with the…