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 Shares Officially Included In FTSE Russell Indices
02.28.2024
Electrica has announced on Wednesday (Feb 28) that its shares have been admitted for the first time ever for inclusion in the FTSE Global Equity... more
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CIS Gaz Opens Branch In Egypt, Delivers First Equipment Manufactured In Romania Within Project Developed By Egyptian Govt
02.26.2024
CIS Gaz, a Romanian natural gas company, founded in 1990 by Sebastian Calugar in Mures county, has opened a branch in Cairo and delivers the first... more
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Hidroelectrica Resumes Tender For Vidraru Hydropower Plant Refurbishment
02.26.2024
Hidroelectrica has announced on Monday (Feb 26) that it relaunched the tender for the re-engineering of the Vidraru hydropower plant, through the... more
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Fondul Proprietatea Collects RON432.6M From Sale Of Engie Romania Stake To GDF International
02.20.2024
Fondul Proprietatea via its manager Franklin Templeton International Services on Tuesday notified the Bucharest Stock Exchange of having completed... more
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Transelectrica Gets Another EUR48M Funding Via Modernization Fund
02.20.2024
Romania’s national power transmission company Transelectrica (TEL.RO) got EUR48 million non-repayable funding on Tuesday, February 20, via the... more
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Silcotub Zalau Starts Construction Of 21MW PV Park In Calarasi
02.19.2024
Industrial pipe manufacturer Silcotub Zalau, part of the international Tenaris group, held by the Italian Roca family, has started construction of... more
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Romania’s Crude Oil Production Drops 4.4% YoY In 2023
02.16.2024
Romania produced a quantity of crude oil of 2.795 million tons of oil equivalent (toe) in 2023, fewer by 129,200 toe (-4.4%) than in the same... more
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Nuclearelectrica Signs MoU With SACE And Ansaldo Nucleare To Advance Development Of Cernavoda NPP Units
02.16.2024
Nuclearelectrica has signed, in Rome, in the presence of Romania's economy minister Stefan-Radu Oprea, and the Minister of Business and Made in... more
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Distributie Oltenia Gets RON193M Financing For Investments In Electrical Networks
02.15.2024
At the end of 2023, electricity distribution company Distributie Oltenia drafted the documents needed to obtain financing from the energy ministry... more
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Retele Electrice Companies Attract Investments Worth Over RON433M For Electricity Networks
02.15.2024
Romania's energy ministry and the companies Retele Electrice Muntenia, Retele Electrice Banat and Retele Electrice Dobrogea (part of the PPC Group... more
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Distributie Energie Electrica Romania Signs Contracts For Modernization And Development Of Electricity Network
02.15.2024
Mihaela Rodica Suciu, the General Manager of Distributie Energie Electrica Romania (DEER), and Energy Minister Sebastian Burduja have signed new... more
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Rompetrol To Install 11 Ultra-Fast Charging Stations For Electric Vehicles On A1 Highway
02.14.2024
KMG Rompetrol Development in November 2022 submitted an application for financing a project on the acquisition and installation of ultra-fast... more
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Hidroelectrica Invests Over RON12M To Modernize Ten 110kV Electrical Stations In SH Hateg
02.14.2024
Electricity producer Hidroelectrica (H2O.RO) announces the completion of the modernization process at ten 110kV electrical stations in SH Hateg... more
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Competition Council Looks Into CEZ Vanzare Takeover By Premier Energy PLC
02.13.2024
Romania's Competition Council is assessing the transaction through which Cyprus-based energy holding company Premier Energy PLC intends to take... more
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Large Energy Companies In Romania Report Nearly RON1.5B Interest Income For Jan-Sept 2023, Up 54% YoY
02.13.2024
Large companies operating in the energy and utilities sectors at the Bucharest Stock Exchange recorded interest income of almost RON1.5 billion for... more
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Niculae Havrilet Waives His Mandate Of Member In Supervisory Board Of OMV Petrom
02.12.2024
Niculae Havrilet has notified OMV Petrom with a waiver of his mandate as a member of the company's Supervisory Board, starting February 12, 2024,... more
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Romania's Energy Regulator Confirms Total Fines Of RON537M For Four Companies In Local Energy Sector
02.10.2024
Romania's energy regulator ANRE confirmed in a press statement on Friday (Feb 9) that it had fined four companies operating in the local energy... more
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Retele Electrice Dobrogea Completes 1st Stage Of Energy Infrastructure Upgrades In Constanta Via Over RON45M Project
02.09.2024
The company Retele Electrice, a part of PPC group, previously called E-Distributie Dobrogea) has completed the first stage of a project worth over... more
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Danone Romania Invests EUR1M In Photovoltaic Panels At Its Bucharest Plant
02.09.2024
Danone Romania, the leader of the Romanian yogurt market, has completed an investment of EUR1 million in the purchase and installation of... more
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Rompetrol Opens Two New Service Centers On A1 Highway
02.09.2024
Rompetrol Downstream, the retail division of KMG International Group in Romania, has recently opened two new service centers with Rompetrol gas... more
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
more39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
moreOMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
moreThe European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
moreRomania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
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
moreBanks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
moreRomania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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.