Saudi Arabia increased its fuel oil imports amid a hot summer
Saudi Arabia has increased its imports of fuel oil, to the highest level in the last three years, to be…
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General Interest
Romania’s exports could cross the 100 bln. euro mark this year
Romania has every chance to reach, this year, the border of 100 billion euros in terms of exports. Most will…
ENGIE Romania gets EDGE Move certification for progress in promoting gender equality
ENGIE Romania, supplier of natural gas, electricity and technical services, producer of renewable energy, obtained the EDGE Move certification, being…
Restart Energy completes a new solar project of over 200,000 euro
Restart Energy completed the construction and installation of a photovoltaic project for the company Dip&Gip, in total value of over…
Minister of Energy called a new working meeting for the balancing market
The Minister of Energy, Sebastian Burduja, organized on Wednesday the second working meeting with the representatives of the National Energy…
Annual inflation rate dropped to 4.94% in June
The annual rate of inflation dropped, in June 2024, to 4.94%, from 5.12% in May, as food goods rose in…
Dedeman owners instal a PV roof park at The Office Cluj-Napoca
The owners of the largest office complex in Cluj-Napoca, brothers Adrian and Dragoș Pavăl, who also own the Dedeman chain…
C-bank cuts interest rate to 6.75% for the first time in the last year and a half
The Board of Directors of the National Bank of Romania decided on Friday to reduce the monetary policy interest rate…
RCI Holding announces new key executive promotions
RCI Holding announced a series of strategic executive promotions designed to strengthen the leadership team and support the company’s growth…
Alin Andries: MFP will launch new green bonds in 2025
The Ministry of Finance wants to launch Samurai bonds on the Japanese market this year, depending on the market context…
Mihai Kis, new Distributors sales manager for Schneider Electric Romania, Moldova and Armenia
Schneider Electric Romania strengthens its management team by appointing Mihai Kis as Director of Distributor Sales for Schneider Electric Romania,…
EU surpasses 50% renewable power share for first time in first half of 2024
Electricity industry association Eurelectric has released figures showing that 50 percent of electricity generation in the EU came from renewables…
Renewables provided more than half of Germany’s consumption
Germany set a new record in the first half of this year, with renewable energy generation covering around 58% of…
Russia will temporarily lift restrictions on gasoline exports
Russia will allow refineries to continue exporting gasoline for another month because the domestic market remains well supplied, reports Bloomberg.…
Nicolae Olariu (WEH): Energy digitalization means new business opportunities – 6 examples
Without IT there is no energy anymore, believes Prof. Univ. Prof. Nicolae Olariu, former Dean of the Faculty of Electrical…
Impact, importance and role of digitalization
* This text is an elaboration of the Wallachia eHUB digitization ambassador acceptance speech I delivered on 26 June 2024.…
Opportunities for digitalization in energy at the conference organized by Wallachia E-HUB (WEH) in Targoviste
The event “INFO DAY WEH ENERGY” organized by PETAL within the Wallachia e-HUB (WEH) project brought together dozens of experts…
EIB supports Raiffeisen through a new agreement of 250 mln. euro for climate actions and digitalization
The European Investment Bank (EIB) signed a new guarantee agreement with Raiffeisen Bank within the Recovery and Resilience Fund. The…
Romania received about 1.1 bln. euro through the Modernization Fund
Romania received, through the Modernization Fund, a first tranche worth almost 1.1 billion euros for investments in the development of…
Bulgaria is getting closer to joining the Eurozone
The Bulgarian Ministry of Finance expects the country to meet the inflation criterion required for entry into the euro zone…
Burduja: Milestone 133 of the PNRR was a challenge, I’m happy that we managed to unlock it
Milestone 133 of the PNRR represented a challenge and I am happy that we managed to unlock it and fulfill…
Electrica: 10 years since listing on BVB and London Stock Exchange
On July 4, 2014, Electrica made history by launching the largest initial public offering (IPO) in the history of the…
E.ON: 70% of Romanians are interested about air conditioner consumption
The price, energy consumption, cooling capacity, but also installation assurance are some of the main criteria considered by Romanians when…