UK: Sales of pure electric cars have crossed the threshold of one million units
Sales of battery-powered electric cars in the UK passed the one million mark in January, despite reduced demand from private…
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General Interest
The Ministry of Energy has published the ESCO framework contract models for industry and local authorities
The Ministry of Energy has published for public consultation the 2 models of energy performance framework contract (in RO) for…
New carbon tax in construction and transport would induce chain price increases
During the past week, a delegation of the International Monetary Fund (IMF) that visited Romania proposed to the Government the…
OMV Petrom pays more than half of the profit for the solidarity tax to the state budget in 2023
OMV Petrom reported a net profit of around 4 billion lei, but paid a solidarity contribution to the budget for…
Elcen-Termoenergetica merger, again on the Government’s table
The merger between the companies Elcen and Termoenergetica is necessary because a centralized system of production, transport, distribution and supply…
Chimcomplex increases wages by 42% over the next two years
Chimcomplex, the main producer and supplier of chemical products in the region, announces a significant increase in the salaries of…
Oradea – budget of almost 3 bln. lei, up 28% for 2024
Oradea City Hall has launched in public consultation the Project of the revenue and expenditure budget of the municipality for…
BNR: Six out of 10 banks already have an organizational structure dedicated to climate change
Six out of 10 banks already have an organizational structure dedicated to climate change and another 5% intend to develop…
Bucharest Community Foundation develops programs supported with 2 mln. euro by ING Bank Romania
The Bucharest Community Foundation and ING Bank Romania continue to develop the Environmental Platform for Bucharest, a strategic program initiated…
PPC Romania appoints new directors to supply divisions
Ionuț Dună, General Manager of PPC Energie and PPC Energie Muntenia and Adrian Dugulan, General Manager of PPC Renewables Romania,…
Commercial banks can help speed up the use of EU funds
As European funds enter the market, project co-financiers, including banks, will increase their exposure to the energy sector. At the…
Romgaz: Staff salaries will not be reduced during 2024
Salaries of Romgaz employees will not be reduced during the year 2024, and in the formation of the company’s budget,…
Romania – lack of clear legislation regarding prosumers and energy communities
Romania does not have a clear legislation for Prosumers and Energy Communities, and although the law is in the Parliament,…
Burduja, on hydrogen and CCS: My dream would be to make Romania a pioneer in these new technologies
Romania could become a pioneer in new technologies regarding hydrogen and carbon storage, as in hydrogen it managed to have…
PPC: EBITDA target of 2.3 bln. euro for 2026, investments of 9 bln. euro in three years
The PPC Group presented its strategic plan for the period 2024-2026 in London. The plan is based on robust financial…
KMG expands its own retail concept in the Rompetrol network in Republic of Moldova
The KMG International (Rompetrol) group is introducing its own retail concept “hey” for the first time in the stations operated…
Public consultation period for the revision of the PNIESC, extended until mid-March
The public consultation period of the revised National Plan for Energy and Climate Change (PNIESC) has been extended until March…
Minister of Energy filed a criminal complaint for attempted online fraud
Minister of Energy, Sebastian Burduja, filed a criminal complaint on Monday for an attempted online fraud (deepfake), through which an…
M&A: Romanian market posted 241 transactions, estimated at 7 bln. USD in 2023
Romanian mergers and acquisitions (M&A) market recorded 241 transactions in 2023, with a total estimated value of USD 7.1 billion,…
EUCF – Free assistance for local authorities interested in sustainable energy investments
The Alba Local Energy Agency – ALEA is launching a new Call (6) of the European City Facility (EUCF) in…
GREENER project increased knowledge about renewable energy and energy efficiency in Alba Iulia
In an effort to promote sustainable development, the Municipality of Alba Iulia has implemented the project “supportinG incReasEd knowlEdge oN…
EIT InnoEnergy and Demeter create a 500 mln. euro fund dedicated to raw materials for batteries
EIT InnoEnergy, an innovation engine for sustainable energy across Europe, and Paris-based Demeter Investment Managers have teamed up to launch…
Enery announces the signing of virtual PPAs with Orange Romania
Enery, a leading provider of renewable energy solutions in Central and Eastern Europe announces the signing of two Virtual Power…