E.ON Energie Romania Completes Installation of 19 Electric Vehicle Charging Stations
12.10.2020
E.ON Energie Romania, one of the largest utility suppliers on the local market, has completed a project for the installation of 19 electric car charging stations in the country with the latest station in the parking lot of a Penny supermarket in Lugoj, Timis county.
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Transelectrica Officially Unveils Directorate Members Starting October 3
10.03.2024
National grid operator Transelectrica (stock symbol: TEL) has announced in a stock market report on Thursday (Oct 3) that the company's Directorate... more
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Poland's Polenergia Acquires Remaining 40% Stake In Naxxar Wind Farm Four
10.03.2024
Polenergia, the largest privately-held energy group in Poland, held by two investment funds, has taken over the remaining 40% ownership stake in... more
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Swiss Energy Company MET Partners Up With Celsius To Expand Activities On LNG Segment
10.01.2024
MET Group, a Swiss-based European energy company with activities in natural gas, and power markets, focused on multi-commodity wholesale, trading... more
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RoPower Nuclear Gets $99M from Export-Import Bank of USA To Develop SMR Project
10.01.2024
RoPower Nuclear SA, the project company for the development of small modular reactors (SMRs) in Romania on the site of the former coal-fired... more
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OMV Petrom Completes Acquisition of Photovoltaic Projects from Danish Company Jantzen Renewables
09.30.2024
OMV Petrom, the largest integrated energy producer in Southeastern Europe, has finalized the acquisition of several photovoltaic parks from Danish... more
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Transgaz Gets New Funding For Strategic Projects; Invests EUR8.5M To Supply Isalnita And Turceni Power Plants
09.27.2024
Romania’s state-run natural gas transmission company Transgaz (stock symbol: TGN) notified the Bucharest Stock Exchange in a report about the... more
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Transelectrica Signs New EUR64M Contract With Energy Ministry
09.27.2024
National grid operator Transelectrica (TEL.RO) notified the Bucharest Stock Exchange about the signing with the Energy Ministry of a new financing... more
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Da Vinci New Project Gets EUR7.5M Funding from Libra Internet Bank to Build Photovoltaic Park in Nanov
09.26.2024
Da Vinci New Project, a company wholly owned by Alive Capital, in its turn part of Premier Energy PLC group, has got a EUR7.5 loan from Libra... more
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Simtel Team and Monsson Aim to Build Together Photovoltaic and/or Hybrid Projects of 150 MWp and Energy Storage Facilities
09.26.2024
Engineering and technology company Simtel Team has sealed a partnership with Monsson group, the largest renewable energy project developer in... more
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Restart Energy Implements EUR900,000 Photovoltaic Project for Tehno Proenergy
09.24.2024
Electricity supplier Restart Energy has completed the implementation of an around EUR900,000 photovoltaic project for Tehno Proenergy company of... more
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Restart Energy Sees Revenue Shrink 70%, Slips Into The Red In H1 2024
09.23.2024
Restart Energy One, one of the main independent electricity and renewable energy suppliers to household and SME consumers in Romania, ended the... more
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OMV Petrom Premiers New Automatic Drilling Technology In Romania
09.19.2024
OMV Petrom, the largest integrated energy producer in Southeastern Europe, has announced in a stock market report on Sept 19 that it was running a... more
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Electrica Attracts Nearly EUR3.4M In Non-reimbursable Funds For Construction Of Electricity Storage Capacity
09.17.2024
Electricity supplier and distributor Electrica (stock symbol: EL) has informed its shareholders and investors in a stock market report on Sept 17... more
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CIS Group Builds RON100M Photovoltaic Park In Copşa Mica
09.17.2024
CIS Group, a local business that provides solutions and services for the energy sector, founded by entrepreneur Sebastian Calugar, has signed a... more
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Competition Council Looks into PPC Takeover of Several Romanian Renewable Power Producers
09.16.2024
Romania’s Competition Council is assessing the deal whereby Greece’s Public Power Corporation (PPC) plans to take over local companies Felix... more
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Hungary's MOL Group Invested RON300M In Romania's Infrastructure In Last 3 Years
09.12.2024
Hungary's MOL Group has invested RON300 million over the last three years to develop Romania's infrastructure. more
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Retele Electrice Muntenia Set To Invest RON160M In Modernization Of Electrical Infrastructure In Banat Region
09.12.2024
Reţele Electrice Muntenia, part of PPC Group in Romania, is organizing, via the SEAP public platform, a tender worth RON160 million for the design... more
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Energytech Start-Up OgreAI Gets To EUR6M Investments
09.11.2024
Romanian-British start-up Ogre AI, which specializes in providing artificial intelligence-based forecasting solutions for the energy sector, has... more
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Nuclearelectrica Extends Provisional Mandate Of Vasile Dascalu As CFO For Two More Months
09.10.2024
The Board of Directors of nuclear power producer Nuclearelectrica (SNN.RO), the operator of the power plant in Cernavoda, has decided to extend the... more
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Romania, Azerbaijan, Georgia, Hungary Conclude Agreement For Green Energy Corridor Project Company
09.04.2024
Romania's national grid company Transelectrica (stock symbol: TEL), Georgian State Electroysstems, AzerEnerji and MVM Electrical Works have signed... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
moreFiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.