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…
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General Interest
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…
MET Group appoints Clive Turton as new executive chairman of the Green Assets division
MET Group announces the appointment of Clive Turton as the new Executive Chairman of its Green Assets Division. With over…
Webb, RetuRo: SGR is the foundation of the circular economy – over 350 mln. recipients returned to date
The Guarantee-Return system represents the foundation of the circular economy in Romania, and so far Romanian consumers have returned more…
Păun, ACUE: Investment need in distribution networks is worth 15.6 bln. euro for the period 2020-2030
The investment requirement in distribution networks is 15.6 billion euro for the period 2020-2030, of which about 9 billion euro…
Chirițoiu: We constantly monitor the prices of basic products
The Competition Council constantly monitors the prices of basic products and checks whether some merchants have raised prices illegitimately, said…
Urluescu: We expect a drop in gas prices
Household consumers’ bills for natural gas will drop to 0.23 and 0.25 lei per kWh in the coming period, well…
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…
Mircea Abrudean: SGG signed the 56 mln. euro contract to finance the modernization of the Transelectrica network
The General Secretariat of the Government (SGG) recently signed a contract worth over 56 million euro regarding the modernization of…
E.ON donated 4.05 mln. kWh of energy in the nine years of the Give Light campaign
Almost 80 institutions and 3,300 families in Romania received more than four million kWh of energy donated by E.ON, as…
Emil Boc: Cluj Municipality intends to build a hydrogen plant
The Municipality of Cluj proposed to build a plant that would produce hydrogen – including from waste – for the…
Crețu: Without investments in new CHPs, Bucharest will be without heat and hot water in a few years
The merger between Termoenergetica and ELCEN has been discussed for ten years, but without investments in new CHPs, in a…
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…
Norway grants the Republic of Moldova an aid of 30 mln. euro, also for energy transition
The Republic of Moldova will receive 30 million euros from the Kingdom of Norway. The money will be used to…
Two Chinese firms to invest 2.7 bln euro in Serbia’s energy sector
Serbia’s government said on Thursday that it signed two agreements with Chinese companies that will enable new investments in the…
Waste Powertech will supply Cluj a 14 mln. euro molecular disintegration co-gen station
The president of the Cluj County Council, Alin Tișe, signed a contract with Waste Powertech for the design and execution…
AFM announces the postponement of the launch of the first round of fundraising within the Recycling Factories program
The Administration of the Environmental Fund (AFM) announces the postponement of the launch of the first round of fundraising within…
Petr Stohr, Premier Energy: Romania can become an energy hub; it is important to be listed
Romania can become an energy hub, so it is important for us to be listed on the Bucharest Stock Exchange…
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…
ABB opens a new energy-efficient factory in Belgium, investment of 20 mln. euro
ABB has opened a new 20 million euro injection molding production capacity at Evergem near Ghent in Belgium to meet…
UniCredit joins a select group of European banks with a capitalization of over 60 bln. euro
UniCredit’s market capitalization crossed the 60 billion euro threshold on Tuesday, the Italian group becoming one of the four banks…