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.

Tehnomir Energy Changes Name To ENSYS; Eyes Projects Worth Over EUR20M
03.30.2022

Tehnomir Energy, a provider of complete turnkey photovoltaic systems solutions, based in Oradea, changes its name to ENSYS, and announces plans to... more
Romgaz Borrows EUR325M From Raiffeisen Bank To Partly Fund Acquisition Of Exxon's Stake In Black Sea Gas Project
03.30.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) said on Wednesday that it signed a bank loan agreement with Raiffeisen Bank in the... more
Hidroelectrica Budgets RON7.4B Revenue and RON2.9B Net Profit for 2022
03.28.2022

Hidroelectrica, Romania's largest electricity producer and the most profitable state-owned company, has budgeted total revenue of RON7.4 billion... more
CEZ Oltenia Expects to Reach 7,000 Prosumers By Yearend
03.25.2022

Cosmin Ghita, digital and innovation director at Distributie Oltenia, part of CEZ Romania group, the electricity distributor to which the largest... more
OMV Petrom Completes Its First Photovoltaic Park
03.24.2022

OMV Petrom, the largest integrated energy company in South-Eastern Europe, said in a stock market report on Thursday said it commissioned its first... more
Wood & Company Working on Premier Energy’s Floatation on Bucharest Stock Exchange
03.24.2022

Premier Energy PLC, a natural gas supplier and distributor held by Czech private equity firm Emma Capital, is preparing to go public on the... more
Romgaz Management Finally Approves Buying Exxon’s Stake in Black Sea Gas Project
03.23.2022

Romgaz announced on the Bucharest Stock Exchange on Tuesday evening that it was moving towards the completion of the transaction with the US’... more
Rompetrol Well Services Seeks To Distribute Its 2021 Net Profit As Dividends
03.22.2022

The Board of Directors of Rompetrol Well Services (PTR.RO), the oil services division of Rompetrol Group, is summoning its shareholders on April... more
Electrica Shareholders OK Total Ceiling Of Short-Term Financing Of RON1.5B
03.21.2022

Shareholders of state-owned utility group Electrica (EL.RO) decided in their general meeting of March 21 to approve a total ceiling of short-term... more
Delgaz Grid Sets Off Upgrade Works On Five Electrical Stations In Vaslui County
03.21.2022

The teams of contractors of Delgaz Grid, the natural gas and electricity distribution company in Romania of German utility group E.ON, started the... more

Colliers: Romania Real Estate Investments Near EUR900M In 2021

Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last

Equity Value of Romanian METRO Branch Is EUR225M

The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.

One Cotroceni Park Project To Host Ford Europe’s Future Services Center In Bucharest

One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has

Survey: House Prices/Sqm In Romania Undervalued By About 30% Vs Prices On Other Realty Markets In Europe

House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,

Five New Companies Listed On Bucharest Stock Exchange To Be Included In FTSE Russell Indices For Emerging Markets

Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging

Datacor Set to Develop Greenfield Photovoltaic Projects of 50MW in Transylvania by Yearend

Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system

Romania, a Growth Engine for Logistic Developer CTP

CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction

Ford Assembly Plant In Craiova Produced EUR18B Worth Of Vehicles In Past 12 Years

Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which

Poland’s CCC Set to Bring HalfPrice Outlets to Romania in 2022

Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to

Analysis

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?