08.19.2014

Energy Minister Razvan Nicolescu issued an order by which state-owned energy companies should make public all the contracts of assets and works acquisitions exceeding EUR500,000, service acquisition more

08.12.2014

Czech energy group CEZ Tuesday reported lower earnings before interest, tax, depreciation and amortization (EBITDA) in Romania for the first half, due to the authorities’ decision to postpone more

08.08.2014

Romania’s renewable power capacity is expected to increase 57.4% to some 7,000 megawatts in 2015, from 5,750 MW projected by the end of this year, according to estimates from the Energy Department. more

08.08.2014

Rooftop photovoltaic panels and the small biomass power plants that can turn agricultural waste into electricity will be the ones to generate the new renewable energy investment boom, after more

08.05.2014

The mandatory annual quota of electricity produced from renewable sources will grow to 11.9% of the gross electricity consumption next year, from 11.1% this year, but impact on electricity bills will more

08.05.2014

The 15 largest companies managing wind projects in Romania generated total revenue of more than EUR400 million last year, operated with a 24% profit margin, among the best in the local economy, and more

07.23.2014

“We export nice quantities,” says Octavian Lohan, member of Transelectrica managing board and the one who runs Romania’s Energy Center, the brain of the domestic electricity grid. more

07.21.2014

In the first six months of this year, Romania cemented its position of net electricity exporter, with an export/import ratio of 4.5 to 1, as domestic energy overproduction found an outlet in more

07.21.2014

Australian oil and gas company ADX Energy estimates it might invest up to EUR100 million in its oil field in Timis County, western Romania, and is looking for investors to help develop the project, more

07.21.2014

Hidroelectrica, Romania’s largest energy producer which went insolvent for the second time in early 2014, ended the first half of 2014 with gross profit of 509 million lei (EUR115.6 million), a more

07.17.2014

Romanian natural gas trader Alpha Metal will purchase 73.48% in thermal energy producer Ecogen Energy after reaching an agreement with three shareholders of the energy company. more

07.16.2014

Complexul Energetic Oltenia reported revenue of around 1.25 billion lei (EUR284 million) and net profit worth RON15 million for the first half of this year. One of 1H’s novelties was the setting up more

07.15.2014

The decision of Italy’s Enel to sell its Romanian energy distribution and supply operations is likely to strengthen the position the Romanian state has in this field should Electrica be interested more

06.30.2014

Romania’s state-owned power grid operator Transelectrica (TEL.RO) will increase the average electricity transport tariff by 1.5% starting July 1, from the current 22.16 lei (EUR5.04) to RON22.5 per more

06.26.2014

GDF Suez Energy Romania has acquired 57.18% in natural gas distributor Congaz Constanta from E.ON Ruhrgas International and OMV Petrom (SNP.RO) and increased its stake in the company to around 86%, more

06.23.2014

Romania has climbed one spot to 31st in a global attractiveness ranking for investments in renewable energy, according to a report from consulting firm Ernst & Young (E&Y). more

06.23.2014

Ziarul Financiar has launched the first edition of the Logistics & Transports Annual Report. more

06.20.2014

Serbia’s Rudnap, which exported large amounts of energy from Romania to Serbia between 2010 and 2011, has decided to cease its activity on the energy market and asked Romania’s energy regulator more

06.20.2014

Czech group Solek, developer of green energy projects, has drawn over EUR6.1 million from Garanti Bank and OTP Bank to refinance several solar parks with a total installed power capacity of 8.58 MW. more

06.20.2014

Electrica, a company which is now selling 51% of its share in the largest ever public offering on the Bucharest stock exchange, aims to invest 6.27 billion lei (EUR1.4 billion) by 2018 in energy more

06.20.2014

The Romanian state is already owing almost EUR200 million to renewable energy investors, representing the value of green certificates investors should have received between July 2013 and April 2014 more

06.18.2014

Deprived of access to hydropower at preferential prices and exposed to a falling demand, Romania’s ten largest private energy traders ended last year with revenue of around EUR1.1 billion, down 20% more

06.12.2014

The energy price increase is the biggest danger for the Romanian economy, while one of the main challenges of the government is the setting up of a free and transparent energy market, without more

06.12.2014

Constanta-based Elcomex group saw its energy revenue slide last year by 60% in euros, to EUR24 million, due to the renewable energy market decline, but its parallel investment in an integrated goat more

06.06.2014

Romanian-held Altius Fotovoltaic, which inaugurated a photovoltaic panel plant last year, has already doubled production capacity to export to emerging markets, especially the Arab countries and more