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

06.04.2014

Romanian energy holding CE Oltenia says it’s trying to set up an electricity trading company but it is facing difficulty as Fondul Proprietatea (FP.RO), the company’s minority shareholder, is more

06.01.2014

Enel, Romania’s largest private electricity distributor, in 2013 reached revenue of almost EUR1.5 billion, up 7% on the year. The figure represents the total revenue derived by the companies through more

05.30.2014

The Romanian state will play a more active role, in the upcoming months, in the companies in which it owns a minority stake, like Fondul Proprietatea (FP.RO) does, Energy Minister Razvan Nicolescu more

05.30.2014

Integrating the renewable energy into the national power grid is a challenge for the entire system, not only for Romania’s power grid operator Transelectrica (TEL.RO), Carmen Neagu, more

05.30.2014

Energy strategy should focus on the increase of energy efficiency and on continuing to support investments in this sector, head of engineering company Adrem Invest, Corneliu Bodea, stated. more

05.30.2014

Energy producers will not be able to cope with the tax on special constructions, which is "unsustainable and burdensome", said Remus Borza, head of Euro Insol, legal administrator of Romania’s more

05.30.2014

Romania may produce more electricity and natural gas than it needs for consumption in the second half of 2019, which would place it among the top three energy-producing European countries, Energy more

05.28.2014

Romania has become the 16th most important country for Vestas, Europe’s biggest wind turbine producer, after the Danish company installed another 140 windmills locally in 2013. more

05.20.2014

The United States can help the European countries, including Romania, reduce dependence on Russian oil and natural gas, U.S. vice-president Joe Biden stated Tuesday, adding that Russia should not use more

05.13.2014

The feasibility studies for the hydropower plant project in Tarnita-Lapustesti, worth over EUR1.1 billion, for which state-owned hydropower producer Hidroelectrica paid EUR3.5 million, do not include more

05.13.2014

Ziarul Financiar has launched the third edition of the Energy Annual Report, presenting the value of the new energy generation projects that became operational last year and everything there is to more

05.12.2014

Marius Adrian Chiriac, former energy acquisition and sales manager with Enel Energie and Enel Energie Muntenia, was named head of energy trading and distribution department of Romania's insolvent more

05.11.2014

Prime Minister Victor Ponta stated Saturday, during a visit at Romanian steelmaker ArcelorMittal Galati, that the electric power price, as well as natural gas price for industrial consumers, might more

05.06.2014

German group RWE, one of Europe’s largest utility, is set to enter the energy supply segment in Romania, with the target of becoming a major player on the medium term in spite of competition from more

05.02.2014

Competition among suppliers on the energy market will allow consumers to demand lower and lower prices, and producers will be pressured to cut prices, even below generation costs, says George Nita, more

04.30.2014

The Romanian government asked the USA for assistance to reconfigure the national energy strategy, which also involves talks related to all natural resources, including shale gas, Romania’s Foreign more

04.29.2014

Electricity distribution companies such as Enel, E.ON, CEZ or Electrica currently get about a third of the average Romanian energy bill, while the production cost accounts for less than 30% of the more

04.28.2014

GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, said its net profit rose 24% to 447.1 million lei (EUR101.3 million) in 2013, helped by higher electricity sales and falling costs. more

04.25.2014

Romanian commercial lender Banca Comerciala Carpatica (BCC.RO) Friday said it granted a loan worth 9 million lei (EUR2 million) to Genesis Biopartner which will use it to build a new cogeneration more

04.25.2014

Romania's minister-delegate for energy Razvan Nicolescu stated, after a meeting with European Commissioner for Energy Gunther Oettinger, that he will propose the European Commission to define more

04.25.2014

Romania's minister-delegate for energy Razvan Nicolescu said Romania will have its first draft energy strategy by October. more