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 Makes RON418M Net Profit In Jan-Sep 2023
11.16.2023
Electrica (EL.RO), a major player in the electricity distribution and supply market in Romania, made RON418.3 million net profit in the first nine... more
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Rompetrol Well Services Reports RON57M Operating Income For Jan-Sept 2023, Up 50% YoY
11.15.2023
Rompetrol Well Services (PTR.RO), one of the major suppliers of well services in Romania, ended the first nine months of 2023 with operating income... more
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E.ON Completes Construction Of Solar Power Plant For Cemacon In Wake Of EUR850,000 Investment
11.15.2023
Electricity and natural gas supplier E.ON Energie Romania, a member of Germany's E.ON Group, has completed the construction of a solar power plant... more
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ArcelorMittal Hunedoara 9-Month Loss Shrinks To RON38M From RON88M Loss In Year-Earlier Period
11.15.2023
ArcelorMittal Hunedoara (SIDG.RO), the steel mill owned by ArcelorMittal group, ended the first three quarters of 2023 with a net loss of RON38.2... more
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Energy Ministry Wants Nuclearelectrica To Conclude EUR145M Contract With EIB
11.14.2023
Romania's energy ministry wants state-run nuclear power company Nuclearelectrica (SNN.RO) to conclude a contract of EUR145 million with the... more
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Romgaz Calls Shareholders To Approve RON3.5B Capital Increase
11.14.2023
Natural gas supplier and producer Romgaz (SNG.RO) has convened Ordinary and Extraordinary General Meetings of Shareholders for December 18-19,... more
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Transgaz Reports RON38.6M Net Profit For Jan-Sept 2023, Down 85% YoY
11.14.2023
Romania's state-run natural gas transmission company Transgaz (TGN.RO) announced in its financial report on Nov 14 a consolidated net profit of... more
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ALRO Group Reports RON2.24B Consolidated Turnover For January-September 2023, Down 21% YoY
11.13.2023
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, announced in a stock market report... more
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Electromagnetica Switches To RON1.6M Loss In First 9 Months Of 2023
11.11.2023
Electromagnetica Bucuresti (ELMA.RO), which makes electrical equipment and produces electricity, switched to a loss of RON1.55 million in the first... more
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Transelectrica, TAQA, Meridiam, E-INFRA, Fluor Unveil Strategic MoU For Feasibility Study Of HVDC Infrastructure Project
11.10.2023
Romania's national grid company Transelectrica (TEL.RO), Abu Dhabi National Energy Company PJSC (TAQA), Meridiam, E-INFRA and Fluor have announced... more
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RoPower Nuclear Says Romanian SMR Nuclear Plant Project With NuScale Technology Moves On
11.10.2023
Joint-venture company RoPower Nuclear, equally owned by state-run nuclear power producer Nuclearelectrica, the operator of the Cernavoda nuclear... more
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Fitch Affirms Nuclearelectrica At 'BBB-'; Outlook Stable
11.09.2023
Romanian state-run nuclear power producer Nuclearelectrica (SNN.RO) has informed shareholders and investors in a report on Wednesday (Nov 8) that... more
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Transgaz: Black Sea Gas Won’t Be Enough For Romania’s Needs
11.08.2023
In one of his rare public appearances, Ion Sterian, chief executive officer of Transgaz (TGN.RO), the national natural gas transmission company,... more
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Nuclearelectrica Partners Up With Canada's AtkinsRéalis For Retooling Unit 1 At Cernavoda Nuclear Power Plant
11.07.2023
Romanian state-run nuclear power producer Nuclearelectrica (SNN.RO) has informed the capital market in a report on Nov 7 of the awarding of a... more
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Liberty Galati Restarts Blast Furnace No. 5
11.07.2023
Liberty Galati, the largest integrated steel producer in Romania, has started the process of restarting Blast Furnace no. 5, which is expected to... more
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British Businessman Dinesh Dhamija Taps Into Romanian Renewable Energy Market With RON745M Project
11.07.2023
Indian-born British entrepreneur Dinesh Dhamija, the founder of Copper Beech Group, is entering the Romanian renewable energy market through an... more
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Karoly Borbely Becomes CEO Of Hidroelectrica
11.06.2023
Karoly Borbely, a former telecommunications minister and the man who supervised the largest share sale in the history of Romania, the RON9.3... more
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Electrica Signs Financing Contract For Development Of "Satu Mare 2" Solar PV Project
10.26.2023
Electrica (EL.RO), a major player on Romania’s electricity distribution and supply market, in a stock market report on October 25 announced the... more
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SEVERNAV Signs Financing Contract With Energy Ministry For 1 MW Solar Power Plant
10.25.2023
Romanian shipbuilder Santierul Naval Severnav (SEVE.RO) based in Drobeta Turnu-Severin, has signed a financing contract with the energy ministry,... more
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Transelectrica's Supervisory Board Elects Stefanita Munteanu As Directorate Chairman
10.24.2023
The Supervisory Board of Romania's national grid company Transelectrica (TEL.RO) has approved in its October 24 meeting the extension of mandates... more

The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
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39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
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OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
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The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
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Romania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
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Fiscal 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
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Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
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Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania 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.