07.29.2014

In early 2014, Romania’s energy watchdog ANRE launched several estimates about the capacities set to be installed in green energy projects this year, with the latest one indicating EUR2.4 billion more

07.07.2014

Companies receiving state aid in the form of lower green certificate quotas are forced to keep layoffs to less than 25% of the staff registered at the time they become eligible for the state aid more

06.24.2014

ArcelorMittal Galati and Alro slashed their headcount by 74% and 33%, respectively, since privatization until 2013, with over 21,000 people losing their jobs. However, they are set to benefit from 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

06.19.2014

Romanian Economy Minister Constantin Nita on Thursday said the planned reduction in the green certificate quota for large electricity consumers is tied to certain conditions which target investments 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

06.11.2014

The major electricity consumers will pay for a lower number of green certificates, while natural gas producers will have to sell part of their production on the on the local commodities market, 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

05.12.2014

Czech-held S Group completed the construction of Green Gate office building in Bucharest, which is the biggest office project finalized this year in the capital city, with a rentable area of almost more

05.08.2014

Swedish builder and developer Skanska is almost 80% done with the first building of the Green Court office complex in northern Bucharest, yet has only found tenants for 16% of it. The only tenant 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

04.23.2014

The major electricity consumers could save about EUR40 million in 2014 if the government adopts a decision to cut the green power subsidies paid by energy intensive industrial companies. more

04.01.2014

Czech-held utilities group CEZ is likely to renounce a minority stake in Fantanele-Cogealac (Constanta) wind farm, a project in which it invested EUR1.1 billion, but which now has no green more

04.01.2014

In 2013, solar projects posted the steepest decline in the value of specific investments per installed MW, by almost 30%, followed by biomass-based projects and revamped hydropower stations. more

03.17.2014

Czech-held S Group has invested almost EUR60 million to raise an office building with a rentable area of almost 31,000 square meters close to Piata Chirigiu of Bucharest. more

03.17.2014

Complexul Energetic Hunedoara company, set up last summer, plans to invest EUR355 million to revamp Mintia and Paroseni thermo power stations, as well as the four pit coal mines it owns. more

03.10.2014

Telecom operator Orange Romania has reached an agreement to lease up to 13,000 square meters of office space in the Green Court compound developed by Sweden’s Skanska in northern Bucharest, real more

02.28.2014

Electricity bills might increase by 0.5%-1% in April following Romania’s energy watchdog ANRE decision to hike the 2013 green certificates quota for suppliers, according to sources on the energy more

02.10.2014

Swedish-held Skanska construction and real estate development group will step up investment in Romania as of this spring, when it begins work on the second building of the Green Court office space more

02.04.2014

The number of companies in the renewable energy generation sector increased 18 times in 2009-2013 to 559 companies operating wind farms, solar parks or hydropower plants, which receive subsidies from more

01.21.2014

Three senators of the Social Democratic Party filed a proposition to amend the Renewable Energy Law, cutting the maximum value of green certificates from EUR55 to EUR30, Ionel David, CEO of the more

12.27.2013

Customers are now making car purchases based on price, as well as on emissions level, since the new taxes they have to pay depend on how much pollution a particular vehicle generates, says Cristian more

12.19.2013

The Romanian Photovoltaic Industry Association, or RPIA, Thursday said the government’s decision to reduce the number of green certificates granted to solar power producers is illegal and abusive. more

12.18.2013

The modification of the clean energy support scheme as of January 1, 2014 will only affect those power generation facilities starting operation on or after that date, Romania’s energy market more

12.05.2013

Green Glass, part of Green Group, will invest EUR2 million next year in expanding its glass recycling plant in Popesti-Leordeni, just outside Bucharest, which cost EUR4 million to set up. more