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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Premier Energy Targets Integrated Business Model
03.29.2024
Premier Energy, the third leading household supplier of natural gas in Romania, held by Czech investment company Emma Capital, will focus on... more
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Energy Ministry Calls Nuclearelectrica Shareholders To Approve Partnership With DSPE BETA Private Equity Fund
03.28.2024
Romania’s only nuclear power producer Nuclearelectrica (SNN.RO) on Thursday notified the Bucharest Stock Exchange that its majority shareholder,... more
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Hidroelectrica Proposes First Dividend Since Going Public: RON13.99/Share
03.27.2024
State-run Hidroelectrica (H2O), the largest electricity producer in Romania, on March 27, 2024 announced its first proposed dividends since going... more
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Retele Electrice Muntenia Set To Complete Upgrades At Obor And Filaret Transformer Stations In Bucharest By End-2024
03.27.2024
Retele Electrice Muntenia, part of the PPC Group, formerly named E-Distributie Muntenia, aims to complete the modernization of the Obor and Filaret... more
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CMS Advises PPC On Completion Of Acquisition Of 84 MW Operational Wind Farm In Romania
03.27.2024
International law firm CMS has advised PPC Renewables on the successful completion of their acquisition in Romania of an 84 MW operational wind... more
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Retele Electrice Muntenia Completes Modernization Of North Power Station In RON70M Investment
03.27.2024
Retele Electrice Muntenia company (part of the PPC Group, formerly named E-Distributie Muntenia) has finalized the modernization works for the... more
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Transelectrica Extends Mandates Of Provisional Directorate Members By 2 Months
03.21.2024
Romania’s national power transmission company Transelectrica (TEL.RO) has announced in a stock market report on March 21 that it decided to... more
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Transgaz Set To Distribute RON66M Dividends From Its 2023 Profit
03.21.2024
Natural gas transmission company Transgaz (TGN.RO) has called its shareholders to approve, among others, the distribution of RON66 million as... more
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OMV Petrom Budgets RON5.2B Net Profit In 2024
03.19.2024
OMV Petrom (SNP.RO), the largest oil company in Romania, has budgeted RON5.2 billion net profit for 2023, an increase of 31% on the 2023 figure,... more
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Delgaz Grid Continues Investments In Upgrading Electricity Networks In Suceava
03.19.2024
Delgaz Grid continues its investments in smart meters and the modernization of electrical networks in Suceava (northern Romania). more
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Hexing Technologies Europe Leases 8,000 Sqm In Globalworth Timisoara Industrial Park
03.18.2024
Hexing Technologies Europe SRL, a subsidiary of Hexing Group, a provider of green energy solutions, listed at the Shanghai Stock Exchange, has... more
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OMV Petrom Executive Board's Proposal For Distribution Of RON2.5B Dividends Approved By Supervisory Board
03.16.2024
The proposal of OMV Petrom's Executive Board for the distribution of dividends in the amount of RON2.5 billion for the financial year 2023, namely... more
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Nuclearelectrica Makes New Term Deposit With CEC Bank, Of RON250M, At 5.75% Annual Interest
03.16.2024
State-run nuclear power producer Nuclearelectrica (SNN.RO) made a term deposit of RON250 million with state-run lender CEC Bank on Thursday (March... more
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Distributie Oltenia To Invest RON48M In Electrical Networks In Mehedinti County
03.13.2024
Electricity distribution company Distributie Oltenia will be investing RON48 million in a project aimed at expanding the electrical distribution... more
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GES Furnizare, Part Of Simtel Group, Signs First Electricity Supply Contracts
03.13.2024
Simtel Team (SMTL), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a national leader... more
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Rompetrol Rafinare Starts General Turnaround Of Petromidia Refinery
03.08.2024
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), has started the general turnaround of the Petromidia refinery,... more
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Hidroelectrica Completes Repair And Maintenance Works On Costisa Hydropower Plant In RON6M Investment
03.08.2024
Romania’s biggest energy producer, Hidroelectrica, has announced the completion of repair and maintenance works on its hydropower plant in... more
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European Commission OKs EUR3B Romanian State Aid Scheme To Support Onshore Wind And Solar Photovoltaic Installations
03.07.2024
The European Commission has approved a €3 billion (RON 15.22 billion) Romanian scheme to support installations producing electricity from onshore... more
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Romgaz Seeks Shareholder Approval To Acquire Natural Gas Supplier
03.06.2024
Romanian state-run natural gas producer and supplier Romgaz (SNG.RO) announced in a stock market on Wednesday (March 6) that it summoned the... more
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Hidroelectrica Puts Hydroelectric Unit 5 At Portile de Fier I Hydropower Plant Back Into Service
03.05.2024
Romania's largest energy producer Hidroelectrica has completed tests at the hydroelectric unit no. 5 at the Portile de Fier I (Iron Gates I)... 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.