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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Energy Ministry Proposes Selling Nearly 1% In OMV Petrom To Company Employees 06.03.2022
Romania’s energy ministry on Thursday published a draft government decision stipulating the sale to the employees of energy company OMV Petrom... more
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Romgaz Sets Off Production At Three New Onshore Wells In EUR31M Investment 06.03.2022
Romanian natural gas producer and supplier Romgaz (SNG.RO) has put into operation the Cosereni drying station, with three wells being put into... more
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Getica 95 Reports 25% Higher Turnover, Of RON1.9B, For 2021 06.02.2022
Energy supplier Getica 95, held by businessman Viorel Tudose, ended 2021 with a turnover of RON1.9 billion, up 25% from RON1.5 billion in 2020. more
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Transelectrica Completes Over RON60M Renovation Works On Hasdat Transformer Station 05.31.2022
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Tuesday said it completed refurbishment works on the 220/110 kV Hasdat... more
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E.ON’s Delgaz Grid Unveils EUR143M Investments In Distribution Infrastructure Upgrades For 2022 05.30.2022
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, on Monday announced investments of RON719... more
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Kazakh-Romanian Energy Investment Fund Takes Out EUR83M Syndicated Loan To Fund New Cogeneration Plant 05.27.2022
The Kazakh-Romanian Energy Investment Fund (FIEKR), held by KMG International and the Romanian State, has contracted a syndicated loan of EUR83... more
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European Commission OKs EUR1.4B For Romania Project Financing Under Modernization Fund 05.27.2022
The Modernization Fund is a program of the European Union (EU) aimed at supporting ten Member States to meet 2030 energy targets by helping to... more
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RTG Energy Enters Romania’s Renewable Power Market with OK for EUR40M Solar Park in Giurgiu 05.27.2022
RTG Solar Energy, a project company owned by Nidik Holdings Limited of Cyprus, has obtained a technical approval to connect a 70.4 MW solar park of... more
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Nuclearelectrica, NuScale and E-Infra Sign Memorandum of Understanding to Develop First SMR in Romania 05.24.2022
Nuclear power producer Nuclearelectrica (SNN.RO), small modular nuclear reactor (SMR) technology provider NuScale and the E-Infra group of... more
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Transgaz Signs Agreement With Three Seas Initiative Investment Fund For Up To EUR626M Projects 05.24.2022
Romania’s natural gas transmission company Transgaz (TGN.RO) on Tuesday said it concluded a roadmap agreement with The Three Seas Initiative... more
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EY: Energy Security Concerns Prompt Governments To Focus On Renewable Energy Programs 05.24.2022
Governments around the world seek to accelerate and broaden the scope of their renewables programs to help reduce reliance on imported energy,... more
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Utilico Emerging Markets Sells 3.35% in Conpet Ploiesti, Drops to 5% 05.23.2022
Oil transmission company Conpet Ploiesti (COTE.RO), majority held by the Romanian government via the Energy Ministry, announced on the Bucharest... more
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First SMR in Romania to Be Built in Doicesti 05.23.2022
The first small modular reactor project in the world will be built in Romania, in Doicesti (Dambovita County, southern Romania) Energy Minister... more
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One Herastrau Office Building Reaches 100% Occupancy 05.18.2022
Real estate company One United Properties, which develops residential, mixed-use and office real estate in Romania, on Wednesday said the One... more
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EIB And Transgaz Sign Agreement To Develop Decarbonization Strategy For Romania’s Gas Network 05.16.2022
The European Investment Bank (EIB) and Romania’s natural gas transmission company Transgaz (TGN.RO) have signed an agreement for the provision of... more
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Transgaz Net Profit Surges 67% YoY To RON258M In Jan-March 2022 05.16.2022
Romania’s natural gas transmission company Transgaz (TGN.RO) recorded a consolidated net profit of RON258.3 million in the first quarter of 2022,... more
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Electrica Group Switches To RON158M Loss In 1Q/2022 Vs. RON58M Profit In 1Q/2021 05.13.2022
Romanian state-owned energy utility group Electrica (EL.RO) registered a loss of RON158 million in January-March 2022 versus a profit of RON58... more
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Deloitte Romania Assisted Romgaz In Acquisition Of Exxon’s Stake In Neptun Deep Gas Project 05.13.2022
Deloitte Romania assisted local natural gas producer and supplier Romgaz (SNG.RO) in the full acquisition of the 50% stake held by US’ Exxon... more
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Transelectrica Net Profit Plunges 90% YoY To RON8M In 1Q/2022 05.13.2022
Romanian state-run power grid operator Transelectrica (TEL.RO) recorded a net profit of RON8 million in the first quarter of 2022, down 90% from... more
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Romgaz Net Profit Surges YoY To RON1B In 1Q/2022 05.13.2022
Romanian natural gas producer and supplier Romgaz (SNG.RO) reports a net profit of RON980 million for the first quarter of 2022, up 111% from the... more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
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The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
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One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
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House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
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Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
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Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
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CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
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Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
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What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?