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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EC Opens In-Depth Investigation on CE Oltenia State Aid Measures 02.05.2021
The European Commission said Friday it has opened an in-depth investigation to assess whether Romanian support measures in favor of energy holding... more
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Restart Energy Raises RON16.3M Via Green Bond Sale 02.04.2021
Restart Energy, an independent electricity and natural gas supplier, has obtained financing of RON16.3 million following an Offer of green bonds... more
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OMV Petrom Executive Board Proposes Gross Dividend Of RON0.031/Share From 2020 Profit 02.04.2021
The Board of Directors of OMV Petrom proposes the company’s shareholders a gross dividend of RON0.031 per share for the 2020 financial year, same... more
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OMV Petrom Group Sales Revenue Down 23% To RON19.7B, Net Profit Down 64% To RON1.29B YoY In 2020 02.04.2021
OMV Petrom Group ended 2020 with sales revenue of RON19.7 billion, down 23% versus 2019, following negative evolution of the commodity prices and... more
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Alum Tulcea Invests $3.67M in Energy Efficient Filtration 02.03.2021
Romanian alumina producer Alum Tulcea (BBGA.RO), owned by Alro Slatina, has completed an investment of $3.67 million that modernizes and increases... more
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Conpet Ploiesti Plans to Distribute 85% of Profit as Dividends in 2020-2022 02.02.2021
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) on Tuesday published its dividend policy in view of shareholders' approval on January... more
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Monica Hodor Takes The Helm Of E-Distributie Companies In Romania 02.02.2021
Monica Hodor, a former networks development director within the global infrastructure and networks division of Enel Group, took over in early... more
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Hidroelectrica Shareholders Approve Acquisition of Crucea Wind Park 02.01.2021
Shareholders of state-owned hydropower producer Hidroelectrica on Monday approved the company's acquisition of Crucea Wind Farm SA and STEAG... more
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Azomures Gets EUR601,000 Grant for Energy Efficiency Program 02.01.2021
Romanian chemical fertilizer producer Azomures, owned by Ameropa, has started an energy efficiency investment supported by a EUR601,000 grant from... more
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Nuclearelectrica Reconnects Cernavoda Unit 1 To National Power Grid 02.01.2021
Romania's nuclear power producer Nuclearelectrica (SNN.RO) on Monday announced it reconnected the first unit of the power plant in Cernavoda to the... more
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Conpet Ploiesti Plans To Increase Share Capital By RON108.8M 01.29.2021
Shareholders of state-run oil transporter CONPET Ploiesti (COTE.RO) will be discussing in their general meeting of March 11 a decision to increase... more
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Hidroelectrica Seeks To Invest RON170M In Retrofitting Bradisor Hydropower Plant 01.29.2021
Romanian state-owned hydropower producer Hidroelectrica plans to invest RON170 million in retrofitting works at the Bradisor hydropower plant. more
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Rompetrol Well Services Approves KMG International Dividend Policy 01.29.2021
Shareholders of Rompetrol Well Services (PTR.RO) rejected a proposal by minority shareholder KJK Balkan on the distribution policy for the RON84.37... more
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Hidroelectrica IPO Expected at the End of 2021 at the Earliest 01.25.2021
An initial public offering of a minority stake in Romanian state-owned hydropower producer Hidroelectrica could take place towards the end of 2021... more
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Shell Returns To Romania With Commercial Road Transport Operations As Of April 2021 01.22.2021
Oil group Shell, which had sold all its Romanian assets in 2007, is returning to Romania, where it will carry out commercial road transport... more
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Restart Energy To Launch EUR3-5M Corporate Bond Issue 01.20.2021
Restart Energy, a local independent supplier of electricity and natural gas founded in 2015 in Timisoara, is preparing a corporate bond issue of... more
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OMV Petrom Invests Nearly EUR32M In New Drilling Campaign In The Black Sea 01.18.2021
OMV Petrom, the largest energy company in Southeastern Europe, initiated a new offshore drilling campaign in the shallow waters of the Istria block... more
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OMV Petrom Hydrocarbon Output Drops 7.6% YoY In 4Q/2020 01.14.2021
OMV Petrom (SNP.RO), the largest Romanian oil and gas company, said Thursday in a report that its total hydrocarbon production stood at 140,200... more
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Bucharest City Hall Seeks to Buy Thermal Power Producer ELCEN 01.14.2021
Bucharest general mayor Nicusor Dan said Thursday the city hall intends to acquire state-owned thermal power producer Electrocentrale Bucuresti... more
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Adrian Volintiru Revoked As Chief Executive Officer Of Romgaz 01.13.2021
The Board of Directors of Romania's state-owned natural gas producer Romgaz Medias (SNG.RO) on Wednesday revoked Adrian Volintiru from the position... 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.
