CEZ and Oltenia Distribution suspend the activity of the customer relations centers
CEZ and Oltenia Distribution announced the suspension of the activity of the customer relations centers in Argeș, Dolj, Gorj, Mehedinți,…
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Trading & Distribution
Electrica announces 10% net consolidated profit drop
Bogdan Tudorache In 2019, the Electrica Group achieved a net consolidated profit of RON 207 million, up 71.2% compared to…
E.ON Energie Romania opened its 16th fast charging station
This week, E.ON Energie Romania launched a new fast charging station for electric vehicles, on the perimeter of the MOL…
CEZ Vânzare develops a service package dedicated to the baking industry
Bogdan Tudorache CEZ Vânzare has developed a package of electricity and gas services dedicated to the milling and baking industry,…
Electrica posted net profit down 13.5% for 2019
Electrica SA reported an individual net profit (preliminary and unaudited) decreasing by 13.5% in 2019 compared to 2018, to 257.7…
Enel: Good financial position allows the granting of dividends of 615 million euro
Bogdan Tudorache Enel officials claim that now they can offer dividends worth more than 615 million euro to shareholders –…
FP receives about 523 mln. lei in as special dividends from Enel
Dobrogea, as a result of the decision taken by the shareholders of the three companies on February 14, 2020, FP…
Government gets dividends from Enel in a total value of over 500 million lei; SAPE gives up litigation
Bogdan Tudorache The Ministry of Economy, Energy and Business Environment, through the Energy Participation Management Company (SAPE), negotiated getting over…
Electrica will invest 141 million euro in 2020
Bogdan Tudorache For the current year, the Board of Directors of Electrica approved investments worth over 678 million lei (more…
ANRE seeks consultant to establish the rate of return for energy transportation and distribution – deadline on February 28th!
The National Energy Regulatory Authority – ANRE intends to purchase consultancy services regarding the calculation elements of the weighted average…
Havrileț: Ministry of Economy seeks to list 10% of Hidroelectrica, other stocks may be targeted
Bogdan Tudorache Ministry of Economy, Energy and Business Environment (MEEMA) is pursuing the listing of 10% of Hidroelectrica, state secretary…
Former director of Electrica, Ioan Folescu, resigns from the mandate of Transelectrica
Bogdan Tudorache Former director of Electrica, Ioan Folescu, criminally investigated for possible damages to Electrica company, resigned from the Transelectrica…
E-Distribuţie Banat launches projects worth approximately 124 mln. lei
E-Distribuție Banat has planned this year to put into operation investment projects worth 123.75 million lei (25 million euros), targeting…
Electrica is diversifying, it wants to have its own energy production
Bogdan Tudorache Electrica has already submitted offers for some assets in the market and is looking for diversification by starting…
OPCOM raises to ANRE the excessive concentration in the balancing market
As the new European regulation of the electricity market also requires the modification of the rules in the balancing market,…
ANRE increases electricity distribution tariffs by up to 7.5%
Electricity distribution tariffs, which represent about 30% of the final bill, could increase in the whole country by up to…
The regional coupling lowers the price on OPCOM to a record level of 1 leu per MWh
The intraday energy market in Romania was coupled on Tuesday afternoon with similar markets in 20 other European countries, which…
E-Distribuţie Muntenia invests 66 million lei in the high voltage networks in 2019
E-Distribuție Muntenia is undergoing by the end of the year investments projects worth 66 million lei in the high voltage…
ASF has approved the prospectus for the increase of the share capital of Electrica
The Financial Supervisory Authority approved on Wednesday the simplified prospectus related to the issuance of a maximum number of up…
The energy market needs new mechanisms and flexibility of network integration (EBC, October 9)
Suppliers, regulators, energy producers from renewable sources, financiers, together with service and equipment vendors met on October 9 for the…
Romania, ranked 157th in power grid connection in the World Bank’s Doing Business ranking
Romania lost three places in the “Doing Business 2020” ranking, made by the World Bank, and dropped to position 55…
CEZ – significant cut of share capital in Cogealac and Distribuție Oltenia
The Czech energy and utilities group CEZ, which is in the process of selling its assets in Romania, reduces by…
Mihai Dârzan, Ringhel: Digitization will change the energy system in ways we can’t even imagine
Utilities are continuously under an adaptation process, stressed Mihai Dârzan, general manager of Ringhel, during the event “Energy Breakfast Club:…