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.
-
Nuclearelectrica To Get $1.3M Non-Refundable Grant From US-TDA To Identify, Assess Potential Nuclear Sites In Romania 01.13.2021
Romanian nuclear power plant operator Nuclearelectrica (SNN.RO) said Wednesday in a stock market report that it would receive a non-refundable... more
-
ENGIE Romania Completes Acquisition Of Photovoltaic Park In Harghita County 01.13.2021
ENGIE Romania, the largest player on the Romanian natural gas distribution and supply market, has completed the acquisition of a photovoltaic park,... more
-
Nuclearelectrica Disconnects Cernavoda Unit 1 Friday Night 01.13.2021
Romanian nuclear power plant operator Nuclearelectrica will shut down nuclear reactor 1 at the power plant in Cernavoda on Friday to Saturday night... more
-
E-Distributie Banat Invested RON127M In Power Grid Upgrades In Western Romania In 2020 01.11.2021
Romanian electricity distribution company E-Distributie Banat, part of Italian utility group Enel, invested RON127 million in digitizing and... more
-
Romanian Restart Energy and US Interlink Enter Green Energy Joint Venture 01.11.2021
Restart Energy, a local independent supplier of electricity and natural gas, entered a joint venture with Interlink Capital Strategies, a... more
-
NN Group Raises Holding in OMV Petrom to 5.03% 01.07.2021
NN Group and the pension funds it manages have raised their holding in oil and gas company OMV Petrom (SNP.RO) to 5.03%, Petrom said in a stock... more
-
Fondul Proprietatea Lowers Holding in Nuclearelectrica Below 5% 01.06.2021
Investment fund Fondul Proprietatea (FP.RO) has reduced its stake in nuclear power producer Nuclearelectrica (SNN.RO) to 4.99%, below the 5% legal... more
-
Alive Capital Raises RON10M in Private Bond Placement 01.05.2021
Alive Capital, supplier of electricity and electrical service provider, announced Tuesday it has successfully closed a private placement for... more
-
Antitrust Body Looks into Hidroelectrica's Acquisition of Crucea Wind Park 01.05.2021
Romania's Competition Council said Tuesday it was analyzing the transaction whereby state-owned hydropower producer Hidroelectrica is acquiring... more
-
Electrica Group Completes Merger Process Of Its Three Electricity Distribution Companies 01.04.2021
Romanian state-owned energy utility group Electrica (EL.RO) has announced the completion of the first stage of the merger by absorption of the... more
-
Romania’s Electricity Market To Be Liberalized As Of January 1, 2021 12.31.2020
Romania’s electricity market will be liberalized starting January 1, 2021, which means that electricity supply prices for household consumers... more
-
German DKV Group Buys Romanian Firm Smart Diesel 12.29.2020
German DKV Group has acquired Arad-based Smart Diesel, the largest private filling station operator in Romania, founded by Romanian entrepreneurs... more
-
OMV Petrom Sells Production Assets In Kazakhstan; Seeks To Focus On Black Sea Region 12.29.2020
OMV Petrom (SNP.RO), the biggest oil and gas company in Southeast Europe has signed the transaction for the sale of its 100% shareholding in... more
-
E-Distributie Muntenia Invests RON230M In Power Station Upgrades In Bucharest And Ilfov, Giurgiu Counties 12.28.2020
E-Distributie Muntenia, the electricity distribution operator part of Enel Group, has invested nearly RON230 million in 2020 in digitalizing and... more
-
E-INFRA Group Inaugurates Natural Gas Network In Huedin 12.28.2020
Nova Power & Gas, a member of E-INFRA Group, on Monday announced the inauguration of a natural gas network in the town of Huedin (Cluj County). The... more
-
Hidroelectrica Acquires Crucea Wind Farm from STEAG 12.23.2020
Romanian hydropower producer Hidroelectrica has signed a deal with Germany energy group STEAG to acquire the Crucea wind farm in Constanta county,... more
-
Liberty Galati Completes EUR13.5M Investment 12.22.2020
Liberty Galati announced Tuesday it completed an investment of EUR13.5 million in the modernization of a hot stove for one of the steelworks’... more
-
E.ON Energie Romania To Build EUR4M Power Plant For Azomures 12.22.2020
E.ON Energie Romania will build a power plant of EUR4 million for mineral fertilizers manufacturer Azomures; the project will start in the spring... more
-
UniCredit Consumer Financing Gets EUR15M EBRD Loan to Fund Energy Efficiency Projects 12.21.2020
The European Bank for Reconstruction and Development (EBRD) and the International Cooperation and Development Fund (TaiwanICDF) are providing... more
-
Electrica Opens Branch In Republic Of Moldova 12.18.2020
Electrica Furnizare S.A., part of state-owned utility group Electrica (EL.RO), said Friday in a stock market announcement that its shareholders... more
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
more
Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
more
SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
more
TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
more
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
more
Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
more
Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
more
The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
more
DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
more
Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
moreAnalysis
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.
