Faist Mekatronic plans to build a green aluminium smelter
Faist Mekatronic plans to build a smelter for green aluminium, but its price, being 1 euro per kilogram higher than…
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Industry
Gazprom will not pay dividends, last year it recorded its first losses since 1999
The Moscow Government has instructed Gazprom not to pay dividends for 2023, according to a decree published on the state…
The Government is working on the Green Industrial Plan for Romania
To meet its commitment to reduce greenhouse gas emissions by 90% by 2050, Romania needs to focus on a few…
DEER completed investments worth 70 mln. lei in Q1, above the budgeted level
Distribuție Energie Electrică Romania (DEER), a member company of the Electrica Group, made investments of 70.3 million lei in the…
PPC: Rețele Electrice acquire cables and conductors worth about 190 mln. lei
The three Rețele Electrice companies initiated a public tender on the SEAP platform, with a maximum cumulative value of around…
Delgaz Grid announces investments of 154 mln. euro in 2024, after last year’s record figure of 177 mln. euro
Delgaz Grid, part of the E.ON Romania group, last year made the largest investments in the last 18 years in…
Rompetrol Rafinare’s results, influenced by market volatility and the turnaround of the Petromidia refinery
Rompetrol Rafinare, member company of the KMG International Group (Rompetrol), recorded in the first quarter of 2024 a gross turnover…
Electrica: Distribution segment – revenues higher by 32%, group profit increases to 128 mln. lei
In the first three months of 2024, at the level of the Electrica Group, the profit before taxation, depreciation and…
ELBI Group announces a turnover of almost 555 mln. lei in 2023
The ELBI Group, specialized in the distribution of products and services for the electrical field, announces a turnover of almost…
Mol Group recorded a gross profit of USD 382m, down 29%, in Q1
The Mol Group recorded a pre-tax profit of 382 million dollars in the first quarter, down 29% compared to the…
Chimcomplex finalized the project of the new green polyols line
Chimcomplex concluded on April 30, 2024 the project of the new green line of polyols “Investing in innovative green technology…
TeraPlast: Substantial increases in turnover and EBITDA in Q1
The TeraPlast Group recorded in the first quarter of 2024 results above the budget and above last year, both as…
PepsiCo Romania invests over USD 2 mld. in solar projects installed at local production facilities
PepsiCo, a global leader in the food and beverage industry, announces the completion of its latest green energy project of…
Bosch inaugurates second office building of its Cluj-based Engineering Center
Bosch inaugurated the second office building built within the Engineering Center in Cluj, following an investment of approximately 21 million…
EBRD supports Draexlmaier investments in SEE with 75 mln. euro
The European Bank for Reconstruction and Development (EBRD) provides a loan of up to 75 million euro to German auto…
Nordic Group invests 250,000 euro in a solar energy project
Nordic Group, one of the largest Romanian companies in the field of distribution of premium food products in the fields…
Romania should not waste its resources on hydrogen as long as it has green energy
Romania should not waste its natural resources by using electricity to produce hydrogen which it can then convert back into…
Dumitru Chisăliță: Romania needs to be slightly critical of EU directives
Romania should adopt a “slightly critical” attitude towards the energy directives coming from Brussels and opt for the solutions at…
The Sustainable Fuels Association has identified 170 potential beneficiaries for the new hydrogen economy
Romania does not need “dangerous experiments” in the field of hydrogen production and use and should spend responsibly the European…
Romanian researchers have created hydrogen-powered drones
A research institute in Romania has created a prototype car whose engine is powered by hydrogen, as well as a…
Romanian managers say PNRR will contribute to the competitiveness of the local economy
Three quarters of Romanian business leaders (75%) believe that the reforms and investments made through the National Recovery and Resilience…
German companies in Romania ask for the support of German Chancellor Olaf Scholz
Leading German companies in Romania presented on Saturday a series of proposals on how to leverage better on the business…
REI Grup: Projects of over 500 mln. euro for investments in the production of construction materials
Projects of more than 500 million euro for investments in the production of construction materials are being prepared under the…