Decarbonization of steel production, a challenge for the future of Romanian industry
Romania’s steel sector is responsible for approximately 6.3% of national carbon dioxide emissions, and in these conditions the decarbonization of…
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General Interest
Ministry of Energy: Feasibility study for the SOCAR-Romgaz LNG terminal was completed
The feasibility study for an LNG terminal at the Black Sea, on the Romanian coast, was completed with positive results.…
Presidency approves a new law on helping the vulnerable consumer
President Klaus Iohannis promulgated the law for the approval of the Government’s Emergency Ordinance 166/2022 regarding some measures to provide…
Rompetrol records a loss of USD 270 mln., turnover falls by 19%
Rompetrol Rafinare, a member company of the KMG International Group, recorded, in 2023, a decrease in financial indicators, on the…
AFM approved the subsidies for 2024 – Prosumers get 2 bln. lei, eco cars – 1 bln. lei
The budget of the Environmental Fund Administration (AFM) for the year 2024, approved in the Government meeting on Wednesday, provides…
Electrica shares admitted to the FTSE Russell international indices
Electrica’s shares have been admitted for inclusion, for the first time, in the composition of the FTSE Global Equity Index…
Sierra Quadrant: A third of Romanian companies have massive capitalization deficiencies
The increase in taxes, the accentuation of the financial blockade and the effects of inflation create big problems in the…
Greece is pushing the development of hydrogen infrastructure
Greece is making significant strides in developing its hydrogen infrastructure and Europe, being a net importer of hydrogen, will encounter…
Burduja: Gov’t collected over 45 bln. lei from energy companies; 25 bln. lei were reimbursed
The energy system contributed much more than it received in the context of the energy crisis and as a result…
Eaton: Increasing focus on sustainability – IT sector trends in 2024
In the dynamic realm of the Information Technology (IT) sector, 2024 is poised to be a transformative period defined by…
Record budget, over 2.5 bln. lei, for Timișoara
The city budget proposed by Timișoara City Hall for 2024 was approved on Thursday, February 22, 2024, by local councilors,…
Simtel to double its turnover and net profit in 2023
Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a…
OMV Petrom gets financing through NRRP for two green hydrogen production projects at Petrobrazi refinery
OMV Petrom announced the signing of two financing contracts through the National Recovery and Resilience Plan (NRRP), for the construction…
Romania, among the last European countries in the ranking of climate objectives
Romania, the fourth country in Europe in terms of reducing CO2 emissions compared to 1990, is constantly publicly positioning itself…
Internal combustion engines gain ground in consumer preferences
While price is the main criterion for choosing the brand of the next car to be purchased by consumers in…
Association for Sustainable Fuels (ACS): Green hydrogen can help Romania attract financing and investment
The Association for Sustainable Fuels (ACS) is launching an initiative to accelerate the adoption of green hydrogen in Romania’s key…
Mircea Fechet: Rabla Classic and Rabla Plus car subsidy programs, in public consultation
The Minister of the Environment, Mircea Fechet, announced that the Rabla Clasic and Rabla Plus car subsidy programs are in…
CET Oradea – investment of over 186 mln. lei in modernizing production
Mayor Florin Birta signed on Tuesday, February 20, 2024, at the City Hall headquarters, the design and execution contract for…
Sustainability Academy offers grants and content dedicated to the HoReCa industry
The Sustainability Academy offers companies in the HoReCa industry grants of 6,000 euro and dedicated educational content developed by 18…
EU reaches deal on world’s first carbon removal certification scheme
European Union legislators reached a political agreement in the early hours of Tuesday (20 February) on a proposal to set…
Transelectrica injects 57 mln. euro in the Mostiștea transformer station, with European funding
The National Electric Energy Transport Company Transelectrica SA signed, at the headquarters of the Ministry of Energy, the tenth financing…
APIA estimates a 29% market share for green cars in Romania in 2024
Green cars will reach a 29% share of sales by the end of 2024, while the total new car market…
Hungary: Veolia buys a gas plant from Uniper
Veolia has agreed to purchase a gas-powered power plant in Hungary (Gönyű locality), from the German energy group Uniper, the…