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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Electrica Group Targets RON712.4M Investments In 2021 03.01.2021
The Board of Directors of state-owned energy utility group Electrica (EL.RO), the largest players in the energy services sector, approved on... more
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Rompetrol Rafinare Posts RON885M Loss In 2020 02.26.2021
Rompetrol Rafinare (RRC.RO), part of KMG International Group, ended 2020 with a loss of USD220.15 million (RON885 million), from a loss of RON49... more
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Romanian Hidroelectrica Seeks To Develop Green Hydrogen Project Jointly With Austrian Verbund 02.26.2021
Romania’s Hidroelectrica, the largest electricity producer in Romania, is summoning its shareholders on March 29, 2021, to approve a memorandum... more
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Alro Switches to RON328.9M Profit in 2020 from 2019 Loss 02.26.2021
Alro Group (ALR.RO), one of Europe’s largest vertically integrated aluminum producers, on Friday reported a net profit of RON328.9 million for... more
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Romgaz Turnover Drops 19% in 2020, to RON4B, on Lower Gas Sales 02.25.2021
Romanian state-owned natural gas producer Romgaz (SNG.RO) on Thursday reported a preliminary turnover of RON4.07 billion for 2020, down 19% on the... more
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Conpet Net Profit Flat in 2020, at RON58.9M 02.25.2021
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) on Thursday reported a net profit of RON58.9 million for 2020, virtually unchanged... more
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Nuclearelectrica Net Profit Grows 28% in 2020, to RON684M 02.25.2021
Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, on Thursday reported a net... more
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Nuclearelectrica Shareholders Called To Approve Increase Of EnergoNuclear Share Capital By RON25M 02.24.2021
The Board of Directors of Romania's nuclear power producer Nuclearelectrica (SNN.RO) has summoned the company’s shareholders on April 5 to... more
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Romania Expects to Operate Third Nuclear Reactor in 2030–2031 02.24.2021
Romania's nuclear power producer Nuclearelectrica, which operates the country's sole nuclear power plant, expects to start operating a third... more
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OMV Petrom Spends EUR1.5M on LED Lighting at Petrobrazi Refinery Industrial Ramps 02.24.2021
OMV Petrom, the largest energy company in South-Eastern Europe, has invested EUR1.5 million at the Petrobrazi refinery to streamline the lighting... more
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EC Approves EUR254M Aid for Bucharest Heating System Upgrades 02.23.2021
The European Commission has approved an aid of EUR254 million from structural funds to support the upgrade of the central heating system of... more
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Romgaz in Talks to Buy Exxon's 50% Stake in Neptun Deep Black Sea Project 02.23.2021
Romanian state-owned natural gas producer Romgaz is currently in talks to acquire Exxon's 50% stake in the Neptun Deep gas exploration and drilling... more
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Fondul Proprietatea Sells 7% Holding in Nuclearelectrica in 2020 02.23.2021
Fondul Proprietatea (FP.RO) has sold its entire 7.1% stake in nuclear power producer Nuclearelectrica (SNN.RO) throughout 2020, one of its longest... more
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Hidroelectrica Profit Grows 4.8% in 2020, to RON1.45B 02.23.2021
Romanian state-owned hydropower producer Hidroelectrica ended 2020 with a net profit of RON1.45 billion, up 4.8% on the year, according to the... more
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Transgaz 2020 Net Profit Plunges 34% To RON230M 02.22.2021
Romanian state-owned gas natural transmission company Transgaz (TGN.RO) ended 2020 with a net profit of RON229.8 million, down 34% on the year,... more
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Nuclearelectrica: Intergovernmental Agreement With US To Place Romania Among Countries With Double Nuclear Capacity 02.22.2021
The global nuclear energy production grew for the seventh consecutive year in 2019, reaching 2,657 TWh, per the World Nuclear Association (WNA).... more
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Restart Energy Invests $30M In Solar Park In Salaj County 02.22.2021
Restart Energy, an independent electricity and natural gas supplier on the local market, seeks to invest approximately $30 million in developing a... more
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E.ON's Delgaz Grid Plans RON1B Investments in Infrastructure by 2023 02.22.2021
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, Delgaz Grid, plans to invest nearly RON1... more
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Romanian Transgaz, Russian Gazprom Terminate Legacy Gas Transmission Contract 02.22.2021
Romanian state-owned gas natural transmission company Transgaz (TGN.RO) said Monday it has terminated the legacy contract for gas transmission... more
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Laurentis Energy Partners Signs EUR3M Deal with Romanian Nuclearelectrica for Unit 1 Refurbishment 02.19.2021
Canada's Laurentis Energy Partners was awarded a EUR3.156 million contract award, through its subsidiary Canadian Nuclear Partners, to support... more
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
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Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
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SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
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TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
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U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ
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Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
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Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
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The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
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DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
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Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
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Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows.
