Bosch invests billions of euro in climate action and air quality
For the Bosch Group, the 2018 business year was a successful one. The company increased its sales revenue to a…
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Nuclearelectrica – 3 major investment projects and the financing for them
At present, SNN is focusing on three major investment projects, said Cosmin Ghiță, Nuclearelectrica’s general manager, at a CNR-CME conference…
Alro invests USD 35 million in 2019
Alro shareholders have approved investments of 35 million USD for the year 2019. The company made last year a profit…
Spanish energy group Iberdrola profits rise after investment spree
Spanish utility Iberdrola said heavy investments over the last year as well as higher tariffs and better efficiency in Brazil…
Delgaz Grid announces new investments in transformation stations
Delgaz Grid develops an investment of 3.5 million lei in the transformation stations Bularga – Iasi, Câmpulung Moldovenesc – Suceava…
Badea, Hidroelectrica: We will invest over one billion lei in 2019
Bogdan Tudorache Hidroelectrica will invest about one billion lei this year, said Bogdan Badea, president of the company’s management. „We…
OMV Petrom invested EUR 14.5 billion between 2005 and 2018
Bogdan Tudorache According to the company’s report, OMV Petrom invested 14.5 billion euros in the period 2005-2018. The company contributed…
Anton: Investments in the Black Sea have been unlocked and will keep unlocking
Bogdan Tudorache Investing in the Black Sea will be carried out after all, says the Energy minister, Anton Anton. He…
SDEE Transilvania Sud budgeted for 2019 investments of over 259 million lei
The Electricity Distribution Company Transilvania Sud, part of the Electrica Group, has budgeted for 2019 an investment program of over…
Delgaz Grid invests 1.7 mln. lei in the consolidation of Sadoveanu Alley line, Iasi
Delgaz Grid announces the start of the land stabilization works at Breazu transformation station, as well as the stabilization of…
Transelectrica to invest 285 million lei in 2019
The operator of the national electricity transmission network will submits to the shareholders on May 13 the investment budget for…
Dumitraşcu: The PMB budget, which includes investments in district heating, does not comply with the legal requirements
The draft budget for 2019 of the City Hall of Bucharest (PMB), which is under public debate, does not comply…
Rompetrol Rafinare invests 4 million USD for moving to Industry 4.0
Rompetrol Rafinare is close to finalizing the implementation of the first phase of Advanced Process Control (APC), a digital solution…
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%…
Romania takes one more step towards financing energy investments through the CfDs
The Energy Ministry has made public a study on CfD as a financing tool for investments in the energy sector;…
Over the last five years, 50 new laws have been adopted that have adversely affected investments
In the last five years, approximately 50 new laws have been adopted, which have increased the level of unpredictability of…
Petrom’s investments increased by 56% in 2018
OMV Petrom SA’s investments amounted to 5,495 million lei in 2018, up 56% from those in 2017. Investments in the…
Energy Strategy: Romania needs 15-30 bln euros in energy investment by 2030
Romania’s energy sector needs as much as 30 billion euros ($34 billion) of investment in power, oil and gas production,…
INS: Net investment in the national economy slightly increased last year, by 0.8%
Net investments in the national economy totaled 84 billion lei last year, increasing by 0.8% compared to 2017, according to…
Boza, CE Oltenia: Group 5 Rovinari will be completed by 2020
Group 5 at Rovinari coal plant will be completed by 2020 by own forces, CEO Oltenia CEO, Sorin Boza, told…
EIB has financed projects worth EUR 1.3 bln. in Romania, in 2018
The European Investment Bank Group (EIB Group), comprising the European Investment Bank (EIB) and its subsidiary, the European Investment Fund…
E-Distribuţie Muntenia invested 24 mln. lei in two high voltage power lines in Bucharest
E-Distribuție Muntenia has invested 24.35 million lei in building two new underground high voltage power lines in Bucharest, in order…
