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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OMV Petrom Premiers New Automatic Drilling Technology In Romania
09.19.2024
OMV Petrom, the largest integrated energy producer in Southeastern Europe, has announced in a stock market report on Sept 19 that it was running a... more
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Electrica Attracts Nearly EUR3.4M In Non-reimbursable Funds For Construction Of Electricity Storage Capacity
09.17.2024
Electricity supplier and distributor Electrica (stock symbol: EL) has informed its shareholders and investors in a stock market report on Sept 17... more
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CIS Group Builds RON100M Photovoltaic Park In Copşa Mica
09.17.2024
CIS Group, a local business that provides solutions and services for the energy sector, founded by entrepreneur Sebastian Calugar, has signed a... more
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Competition Council Looks into PPC Takeover of Several Romanian Renewable Power Producers
09.16.2024
Romania’s Competition Council is assessing the deal whereby Greece’s Public Power Corporation (PPC) plans to take over local companies Felix... more
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Hungary's MOL Group Invested RON300M In Romania's Infrastructure In Last 3 Years
09.12.2024
Hungary's MOL Group has invested RON300 million over the last three years to develop Romania's infrastructure. more
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Retele Electrice Muntenia Set To Invest RON160M In Modernization Of Electrical Infrastructure In Banat Region
09.12.2024
Reţele Electrice Muntenia, part of PPC Group in Romania, is organizing, via the SEAP public platform, a tender worth RON160 million for the design... more
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Energytech Start-Up OgreAI Gets To EUR6M Investments
09.11.2024
Romanian-British start-up Ogre AI, which specializes in providing artificial intelligence-based forecasting solutions for the energy sector, has... more
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Nuclearelectrica Extends Provisional Mandate Of Vasile Dascalu As CFO For Two More Months
09.10.2024
The Board of Directors of nuclear power producer Nuclearelectrica (SNN.RO), the operator of the power plant in Cernavoda, has decided to extend the... more
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Romania, Azerbaijan, Georgia, Hungary Conclude Agreement For Green Energy Corridor Project Company
09.04.2024
Romania's national grid company Transelectrica (stock symbol: TEL), Georgian State Electroysstems, AzerEnerji and MVM Electrical Works have signed... more
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Hidroelectrica Kicks Off Modernization Of Vaduri, Remeţi And Arcesti Hydroelectric Plants
09.02.2024
Hidroelectrica (H2O.RO), the largest electricity producer in Romania, has signed contracts with the consortium formed by Hidroserv and UCMH for the... more
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E.ON Energie Romania Installed Over 3,500 PV Systems At Residential Customers In Jan-Aug 2024
08.29.2024
E.ON Energie Romania has installed more than 3,500 photovoltaic systems at residential customers in the first eight months of 2024, eight times... more
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Premier Energy Increases Stake In Subsidiary True Energy Management From 60% To 75%
08.27.2024
Premier Energy (PE.RO), a producer, distributor and supplier of electricity and distributor and supplier of natural gas, has increased its stake in... more
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Clifford Chance Badea Advises Nofar Energy In Acquisition Of Aviv Renewable Investment
08.27.2024
Clifford Chance Badea advised Nofar Energy, one of the most dynamic renewable energy investors in Romania, in the signing of the agreement for the... more
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Romgaz Sells RON1.5B Worth Of Natural Gas To E.ON Energie Romania
08.22.2024
Romania’s state-owned natural gas producer Romgaz (SNG.RO) announced in a stock market report on Thursday (August 22) the conclusion of a new... more
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Israel’s Nofar Energy Gets EUR122M From EBRD And Raiffeisen International To Fund Two PV Parks In Romania
08.21.2024
Israel’s Nofar Energy, one of the leading renewable energy investors in Romania, has signed a loan facility agreement and a VAT facility... more
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Romgaz Posts RON1.8B Net Profit In January-June 2024, Up 9% YoY
08.14.2024
Natural gas producer and supplier Romgaz (stock symbol: SNG) ended the first six months of 2024 with net profit of RON1.8 billion, up 9% on the... more
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Hidroelectrica Ends H1/2024 With RON2.7B Net Profit, Down 32% YoY
08.13.2024
Hidroelectrica (H2O.RO), the largest electricity producer in Romania, ended the first half of 2024 with net profit of RON2.69 billion, compared... more
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Transelectrica Launches Pilot Application To Forecast Electricity Produced By Prosumers
08.09.2024
Romania's national grid company Transelectrica (stock symbol: TEL) has developed together with Teletrans, the IT and telecommunications subsidiary,... more
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Turkish Entek Enters Romanian Renewable Energy Market With Acquisition Of Solar Power Project From Econergy
08.08.2024
Entek Elektrik Üretimi A.Ş. (Entek), a company based in Türkiye and primarily engaged in the green energy sector, has acquired Romanian... more
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Electromagnetica Sells 11 Small Power Hydroelectric Plants For RON33.6M
08.08.2024
Electricity and electrical equipment producer Electromagnetica (ELMA.RO) has announced in a stock market report on August 8 that, during an outcry... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
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
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.