Hidroelectrica requires shareholders to approve participation in the acquisition of CEZ assets
Bogdan Tudorache Hidroelectrica announced the approval of the extraordinary general meeting of shareholders for April 14 to decide the approval…
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Electricity
German energy-intensive companies call for Europe-wide industry power price
Energy-intensive companies from Germany are calling for an EU-wide electricity price for industry as a simple instrument to safeguard the…
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,…
OPCOM: The price of electricity in the spot market, 10.5% higher in 2019
The average price of electricity on the Day Ahead Market (PZU, spot market) of the OPCOM stock exchange was of…
Schneider Electric announces Galaxy VS three-phase UPS with internal smart battery modules
Schneider Electric unveiled the first version of the Galaxy VS three-phase UPS, with smart internal battery modules. Galaxy VS is…
V. Popescu: There is no cause for concern regarding the supply of electricity and gas to citizens
Virgil Popescu, Minister of Economy, Energy and Business Environment today convened the Emergency Command at the level of the Ministry…
Nuclearelectrica denies entering quarantine procedure, has prepared staff protection measures
Nuclearelectrica has denied the quarantine of its own personnel, but will provide a dedicated space, if needed, says the company.…
Gov’t will extend by two months the mandates of the provisional members of the Transelectrica SB
The majority shareholder of Transelectrica, the Romanian state, will extend by two months the mandates of the provisional members of…
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…
CNU gets 28 mln. lei from Nuclearelectrica, can reimburse the incompatible state aid from 2016
Bogdan Tudorache Nuclearelectrica bought about 58,000 kg of natural uranium in the form of sinterable powder from the National Uranium…
EFET requires ANRE to allow PPAs also for periods of less than one year
The European Federation of Electricity Traders (EFET) sent a letter to ANRE president stating that the way in which the…
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…
SMEmPower Efficiency – a program for promoting energy efficiency in SMEs
The Technical University of Cluj-Napoca (UTCN), Servelect (SVT) and the Society of Energy Auditors and Managers of Romania (SAMER) launched…
ANRE will decide on contracts for energy intended for domestic consumers after receiving the court’s motivation
Representatives of the National Energy Regulatory Authority (ANRE) are waiting the motivation of the Bucharest Court of Appeal to rule…
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,…
Nuclearelectrica obtained in court the suspension of an order of ANRE regarding the quantities of energy at regulated prices
Nuclearelectrica obtained in court the suspension of an order of the Energy Regulatory Authority ANRE, which regulated the methodology for…
The plans for sustainable development of the big cities should include the expertise of the companies from the very beginning (Brașov, February 25)
On February 25, Energynomics kicked off the fourth series of energy efficiency meetings in the big cities of Romania. In…
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…
ABB completes divestment of solar inverter business to FIMER
ABB has completed its divestment of its solar inverter business to the Italian company FIMER. The transaction enables ABB’s Electrification…
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…
Norway’s sovereign fund sells holdings of Nuclearelectrica and Romgaz
Norway’s Sovereign Investment Fund, the largest in the world, with assets under management of about 1.1 trillion USD, liquidated in…
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…