Electricity
FIC: Special Construction Tax will create major distortions, it should be reviewed
Foreign Investors Council (FIC) argues that the introduction in the current form of a special construction tax, known as the…
Joe Biden: US is ready to help Romania secure energy independence
United States of America is ready to provide necessary help Romania to secure energy independence and cover resources that currently…
Aureliu Leca: Urban heating remains the main energy sector to be modernized
Emeritus Professor Ph. D. Eng. Aureliu Leca, the Polytechnic University of Bucharest The serious situation that the urban energetics is…
Five days prior to collection, “the pole tax” remains marked by uncertainty
###author### The energy industry will be hardest hit by the on tax special constructions of 1,5%, the so- called “pole…
FP is about to exit from Transelectrica shareholding
Fondul Proprietatea (FP) would want to sell its 13.49% stake in Transelectrica and it selected Romanian brokers to seek buyers,…
Alro Slatina continues investments in energy efficiency
###author### Alro developed a new technology, which could decrease the energy consumption by approx. 100 kWh/tonne of aluminium, which will…
Electricity distributors’ profits up by a third, Enel leads
Seven of the eight electricity distribution companies in Romania, each serving a different region in the country, saw their combined…
Alro reported a net loss, due to energy taxation and low aluminum price
###author### Alro, one of the largest aluminium producers in Central and Eastern Europe, announces today its financial results, prepared in…
S&P offers investment grade to Romania, external lending gets easier
Standard & Poor’s upgraded Romania to investment grade for the first time since 2008 as the economy grows and the…
Rompetrol Rafinare – 48% turnover growth, due to the sales increase
###author### During the first quarter of the year, the consolidated turnover of Rompetrol Rafinare, a member company of KMG International,…