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 Launches 2nd Edition Of Electric Up Program
02.02.2024
Romania's energy ministry has announced the launch of Electric Up 2, a program that offers support to SMEs and the hospitality industry for the... more
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Glodeni Energy Borrows over RON82M from Libra Internet Bank to Build 53 MW Solar Parks in Mures
02.02.2024
Libra Internet Bank granted RON82.7 million funding to Glodeni Energy, part of the portfolio of DTEK Renewables International (DRI), a private... more
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Photon Energy Connects Tenth Solar PV Power Plant To Romanian Electricity Grid
02.01.2024
Photon Energy Engineering Romania, the local division of Dutch Photon Energy, dedicated to engineering, procurement and construction (EPC)... more
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E.ON Romania Installs 161 Photovoltaic Power Plants For 142 Companies In 2023
02.01.2024
In 2023, E.ON Energie Romania completed and delivered 161 photovoltaic power plants for 142 partner companies active in various industrial... more
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Agile Networks Technologies And Salesforce Become ALRO's Partners To Increase Sales Digitalization
02.01.2024
Agile Networks Technologies, provider of IT solutions for digitizing sales processes, together with Salesforce, a global leader in CRM (Customer... more
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PPC Advanced Energy Services Romania Supplied And Installed Over 19,000 Smart Street Lighting Fittings In 2023
01.31.2024
PPC Advanced Energy Services Romania (part of PPC Group, previously called Enel X Romania) carried out in 2023 through its e-City division, 40... more
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Electrica To Use AI System For Energy Footprint Of Its Headquarters
01.31.2024
For the first time in Romania, electricity supplier and distributor Electrica (EL.RO) is implementing a system of artificial intelligence (AI)... more
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Government Approves Memorandum For ELCEN-Termoenergetica Merger
01.31.2024
Romania's government on Wednesday (Jan. 31) approved a memorandum through which electricity and heat producer Electrocentrale Bucharest (ELCEN)... more
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Clifford Chance Report: Romania's Renewable Energy Market Will Continue To Lure High-Profile Investors In 2024
01.31.2024
The opportunities for mergers and acquisitions (M&A) in Romania will continue to attract more high-profile investors in 2024, and strategic... more
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New Special Transaction With Hidroelectrica Shares: 0.17% Stake In The Company Changes Hands In RON93M Deal
01.30.2024
On Tuesday, January 30, a special transaction (DEALS) with shares of green power producer Hidroelectrica (H2O.RO) worth RON92.8 million was... more
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Transelectrica Expects 14% Higher Revenue, 40% Lower Profit In 2024
01.30.2024
State-run national grid company Transelectrica (TEL.RO) estimates total revenue to reach RON5.3 billion in 2024, compared with a preliminary figure... more
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PPC Romania Group Expands Its Management Team With Two New Romanian Directors
01.30.2024
Ionut Duna, General Manager of PPC Energie and PPC Energie Muntenia, and Adrian Dugulan, General Manager of PPC Renewables Romania, are joining the... more
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0.15% In Hidroelectrica Change Hands In RON84M Deal
01.29.2024
On Monday, January 29, a special transaction (DEALS) with shares of green power producer Hidroelectrica (H2O.RO) worth RON84.2 million was... more
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Hidroelectrica Estimates All-Time High Profit Of RON6B For 2023
01.26.2024
Electrical power producer Hidroelectrica (H2O.RO), the most profitable state-owned company in Romania, included a preliminary net profit of RON6.02... more
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Ministry Of Energy And Transgaz Sign EUR93M Funding Contracts Via Modernization Fund
01.23.2024
Romania's energy minister Sebastian-Ioan Burduja and Ion Sterian, Director-General of state-run natural gas transmission company Transgaz (TGN.RO),... more
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Romania Becomes Major Destination For Renewable Energy Investments Of Greece’s PPC
01.23.2024
Greece’s PPC Group, which officially became the owner of all Enel companies in Romania in 2023, estimates Romania’s electricity demand will... more
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Engie Buys 80 MWp Wind Park in Constanta, Doubles Green Energy Generation Capacity
01.23.2024
Engie Romania, the biggest player in the field of natural gas distribution and supply, has acquired a wind park with a total installed capacity of... more
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Nuclearelectrica Buys Bonds Issued By Banca Transilvania, In The Amount Of EUR17.5M
01.22.2024
The Board of Directors of Nuclearelectrica (SNN.RO), the only nuclear power producer in Romania, has called its shareholders for a meeting on... more
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Romgaz Makes RON30M Term Deposit With CEC Bank
01.22.2024
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Monday (Jan.22) announced its shareholders in a stock market report that it opened a... more
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Energy Minister: Electricity Production Capacity Put Into Operation In Romania In 2023 Grows Nearly Tenfold vs 2022
01.17.2024
Romania’s new commissioned power plants included 496MW solar, 72MW wind and 56MW hydrocarbon, in 2023, totaling 624MW of installed power, new... 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.