Lower tariffs and halved exports cut one third of Transelectrica’s profits in 2016, S1
Transelectrica posted a net profit of 142 million lei in the first six months of 2016, down by about 32.6%…
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Electricity
Alro Slatina wins a long term contract with the aircraft manufacturer Airbus
Airbus, the leading producer of aircraft, has selected the company Alro Slatina as provider of aluminum, the agreement is concluded…
Works on Unit 1 of Cernavodă NPP got Nuclearelectrica in the red in first half of the year
Nuclearelectrica finished the first half of the year with a net loss of 37.83 million lei, derived from the reduction…
CEZ shares fall, but the adjusted profit holds ground
CEZ AS fell the most in more than six weeks after its second-quarter profit missed all analyst estimates and the…
EUR 15 million in public money for over 840 electric car charging stations
The Ministry of Environment launched the user guide for financing the infrastructure development program for charging stations for electric and…
Siemens expands two Romanian factories
Siemens announced the expansion of two factories in Romania, in Sibiu and Buziaş, according to a release received by energynomics.ro.…
Electrica admits that there is conflict of interest, “analyzes its elimination”
Electrica recognizes that there are still cases marked by conflict of interest within the company, but it is “currently investigating…
NARE has approved Transelectrica’s Development Plan of the Power Transmission Grid for 10 years
The total value of planned investments in the Development Plan of the Power Transmission Grid is estimated at 5 billion…
Leased Electric cars are catching up in Romania as well
Car sharing services started strong in cities like Berlin, Munich and Vienna, and now in Romania, too. The only company…
France’s EDF grant the money for Hinkley’s reactor, UK stalls
Electricite de France SA’s board approved an $24 billion project to build Britain’s first nuclear power plant in more than…
Corneliu Bodea: Romania should be a security provider on Europe’s energy map
This is the transcript of the message delivered by Corneliu Bodea, president of the Romanian Energy Center and executive director…
Turkey greenlights 22 bln. USD Akkuyu nuclear plant and suports Turkish Stream
Turkey has removed all legal obstacles for construction of the Akkuyu nuclear power plant and supports the construction of the…
Buşilă, Capital Partners: Brokering the sale of Repower in Romania took three months
BT Capital Partners brokered the acquisition of Repower operations in Romania by the Swiss company MET Group, on the the…
G. Dumitraşcu: I resigned from RADET. I will run for Hidroelectrica
Gabriel Dumitraşcu will run for the leadership of Hidroelectrica, following the resignation from the Board of Directors of RADE, he…
4 solutions to reduce the period needed for connecting to utilities
The Minister of Energy Victor Grigorescu met with the representatives of the electricity and gas distribution companies, members of the…
MET Group takes over Repower business in Romania
The Swiss energy group MET, specialized in energy, gas and oil products trading, shall take over all the businesses of…
One week for Electrica Furnizare to explain the green certificates aquisition from EDP
Romania’s Energy Ministry has requested two controls at the local energy supplier Electrica Furnizare, to be completed by the end…