11.26.2012

The three Cluj-based entrepreneurs who have since 1990 turned EnergoBit into a EUR160-million business specializing in delivering complete energy solutions have sold the majority stake to Poland’s more

11.21.2012

Romanian power holding Oltenia expects over 2 billion lei (EUR440 million) in revenue this year. more

11.20.2012

RCS&RDS, one of the largest local telecom groups, has bought 90% in two companies developing solar power projects in Braila County. The two projects are worth about EUR20 million and are the more

11.20.2012

The year 2012 will be the best of the last 22 years in terms of new investments in electricity generation facilities, with projects of about 2,200 MW, three times the capacity of a nuclear reactor of more

11.19.2012

Solar energy was seen as the new boom in renewable energy after the wind power sensation. But after the first ten months of 2012, things don’t look very encouraging and some market specialists even more

11.19.2012

Romanian power producer Hidroelectrica Monday sold electricity worth 9.6 million lei (EUR2.1 million) on the local energy exchange OPCOM at a price of RON220.2 per MWh. more

11.15.2012

Romania’s small renewable energy producers could choose a different state aid from the green certificates mechanism, which could lead to lower prices to end-consumers. more

11.15.2012

Romania’s Hunedoara energy holding Thursday said it is negotiating with state-run lender EximBank and the Economy Minister, the power producer's majority stockholder, a state guarantee for loans of more

11.13.2012

Investment funds Marguerite and EnerCap Power bought 80% of an 80 MW wind farm project to be developed in Constanta county (southeastern Romania) from Cypriot company EP Global Energy. more

11.11.2012

Romanian state-run energy company Electrica and its subsidiaries invested 501.7 million lei (EUR111 million) in the first nine months of the year, and a part of the money went to two wind farm more

11.09.2012

Romania’s largest natural gas producer Romgaz might see revenue reach EUR1 billion this year if it keeps the same growth pace as in the first half. The company is also getting ready to expand into more

11.08.2012

The earnings before interest, taxes, depreciation, and amortization (EBITDA) of CEZ Romania, a unit of Czech power group CEZ AS, increased to CZK3.9 billion (EUR155 million) in the first nine months more

11.08.2012

The Romanian energy sector has been at a crossroads for a long time and in order for it to get out of this gridlock investors unanimously ask for a good strategy and real competition, otherwise more

11.07.2012

Romania’s newly established energy holding Oltenia plans to sell 15% of its shares in Bucharest next year to raise EUR400 million, a director with the holding said Wednesday. more

11.07.2012

Romanian state-run power grid operator Transelectrica (TEL.RO) has authorized the construction of a 300 MW hydropower plant on artificial lake Izvorul Muntelui in Neamt county. more

11.05.2012

Bilateral deals closed on the power exchange OPCOM reached EUR300 million between January to October, as much as the total for 2011, mainly fueled by an increased appetite for energy from traders such more

11.01.2012

Romanian businessman Daniel Grigore Donos wants to invest up to EUR8 million in a solar power project to be developed in Covasna county, central Romania. more

10.30.2012

The Romanian Government aims to attract several Chinese companies to invest in electricity production units of over $3 billion, according to the secretary of state with the Economy Ministry Rodin more

10.30.2012

Renewable energy attracted investments of around EUR1 billion in the first nine months of this year in Romania, with more than EUR900 million drawn by wind energy alone. more

10.29.2012

The budget allotted for energy efficiency projects in the European Union’s next budget planning period 2014-2020 stands at 10% of the value of structural funds and it might reach EUR2 billion, more

10.25.2012

Romania could become an important energy hub in Europe once again, provided it can attract around $10 billion in infrastructure investments, US Ambassador to Bucharest, Mark Gitenstein said Thursday. more

10.25.2012

The energy drinks market, the most dynamic among soft drinks after its value quadrupled from 2005 through 2010, is showing the first signs of stagnation this year. more

10.24.2012

Romania’s project to build two new reactors at the power plant in Cernavoda is unlikely to be completed before 2020, a survey conducted at the request of the National Prognosis Commission showed. more

10.23.2012

Renewable energy producers will receive temporary licenses to trade electricity in Romania outside of the regulated market OPCOM, the country’s watchdog in the field said Tuesday. more

10.17.2012

The Romanian Government approved Wednesday to lend fuel stocks from the state reserve to electric and thermal power producers during the 2012/2013 winter. more