31 oct 2018

The most powerful investor in wind power in Romania, Czech-held CEZ energy group, says the people who built the Fantanele-Cogealac project in Dobruja, the largest onshore wind farm in Europe, are now more

4 sep 2018

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18 iul 2018

Ziarul Financiar requested from the Trade Registry the list of the first 100 private capital companies set up right after the fall of the communism in Romania, their shareholder structure and the 2017 more

16 iul 2018

Engie Romania, the largest natural gas distributor in the country, opened its first compressed natural gas (CNG) fueling station, which also has an electric vehicle charging facility, in Bucharest at more

10 iul 2018

The amount of electricity supplied to the household consumers who decided to switch providers and move into the competitive area tripled in the first quarter compared with the year-ago period. more

5 iul 2018

French-held Engie, the largest natural gas distribution company in Romania, has acquired 60% in Flashnet, a company specializing in smart street lighting solutions owned by three Brasov entrepreneurs. more

3 iul 2018

Augustin Oancea, owner of Tinmar Energy, which mostly gets its revenue from supplying electricity, says this year’s growth strategy relies on the residential segment, and on the major commercial more

26 iun 2018

MOL Romania, the local subsidiary of Hungary’s oil group MOL, ended last year with more than 5.4 billion lei (EUR1.2 billion) revenue, a result that includes the revenue of the 42 Agip stations it more

21 iun 2018

The year 2017, one of the most delicate years for the energy market, took a toll on the results of Tinmar Energy, an electricity trader held by businessman Augustin Oancea, which had become the second more

7 iun 2018

Oscar Downstream, a fuel distributor which mostly sells diesel to commercial customers, ended last year with 2.04 billion lei (EUR431 million) revenue, up 20% on 2016. more

15 mai 2018

Electroalfa, a group specializing in manufacturing of low and medium-voltage equipment and in delivering turn-key projects in the energy sector, believes one quarter of the revenue it budgeted for more

16 apr 2018

French-held utilities group Engie Romania Group, the largest natural gas distributor in Romania, posted consolidated revenue of EUR1.062 billion in 2017, up 7% from the EUR989 million in 2016. more

12 mar 2018

Early in 2020, Romania’s largest natural gas producer Romgaz will complete a EUR268.8 million investment in a new gas-fired power plant in Iernut (Mures County, central Romania). more

27 feb 2018

Romania’s largest electricity generation company Hidroelectrica ended last year with about 1.5 billion lei (EUR322 million) gross profit, close to the record high of 2016 and 20% more than budgeted more

23 feb 2018

Cristian Colteanu, who became General Electric’s chief executive officer for Romania, Bulgaria and the Republic of Moldova in 2007, left the US group at the beginning of this year, ending one of more

21 feb 2018

The Romanian government could collect EUR2.8 billion royalties over twenty years from the natural gas drilled in the Black Sea and natural gas production is expected to double by 2025, when the more

20 feb 2018

Investments are the keyword on the energy market this year and companies in the sector are ready to bring new gas and electricity generation facilities online. more

15 feb 2018

Romanians bought 44.3 billion lei (some EUR9.6 billion) worth of gas and diesel from the 2,100 filling stations in the country in 2017. This is the highest spending ever, higher than the 2008 level more

22 feb 2017

Everyone wants the government to give the market free rein but no investment in energy generation gets made without the government getting involved. The market wants long-term bilateral contracts to more

21 feb 2017

The time of big projects has passed; the changes that come with the digitalization of the energy sector make it impossible to freeze significant amounts of money into facilities that will take more more

15 feb 2017

The verdict of the International Court of Arbitration in Paris in the former Electrica Muntenia Sud case, requiring Italy’s Enel to pay EUR401 million to the Romanian government for 13.57% in the more

13 feb 2017

Moldavia could be the region for the development of new gas storage facility, as it has none at the moment. The new investment is also intended to help exports to the Republic of Moldova and Ukraine more

30 ian 2017

The surge in electricity rates on the day-ahead (spot) market from EUR30 to EUR300 to EUR400 per MWh has created a lot of trouble for traders and will show in the January bills of all consumers – more

26 ian 2017

MOL Romania, the local subsidiary of Hungary’s oil group MOL, says it plans have the Fresh Corner concept implemented in 100 of its gas stations by the end of the year. more

18 ian 2017

Romelectro, one of the largest energy project contractors in Romania, expects a significant rise in revenue this year because of the contracts it won in 2016, when it estimates its revenue reached more