Foreign direct investment increased by almost 35% in January 2023
Direct investments by non-residents in Romania rose by 34.86% in January 2023, to 1.176 billion euros, compared to 872 million…
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General Interest
TeraPlast, included in the ROTX index of the Vienna Stock Exchange
TeraPlast shares have been included by the Vienna Stock Exchange in the ROTX EUR index, following a review of the…
E.ON announces the change of the chairmanship of the Supervisory Board, taken over by Erich Clementi
The Chairman of the Supervisory Board of E.ON SE, Karl-Ludwig Kley, has decided not to stand for re-election to the…
E.ON Energie and Oncos completed a smart lighting project of over 500,000 euro
E.ON Energie Romania completed, at the poultry meat producer Oncos Transilvania in Cluj county, one of the largest smart lighting…
Gov’t prepares green funding via Modernisation Fund: over 1.5 bln. euro for companies and local authorities
The Ministry of Energy is preparing one of the most eagerly awaited green energy funding programmes in Romania, with a…
Cristina Prună: We ask PSD-PNL to urgently start the selection for the leadership of ANRE
USR requests on Friday PSD and PNL to urgently start the parliamentary procedure for the selection of new members in…
ENEL sells its Romanian assets to PPC for 1.26 bln. euro
Enel has signed today with Greek company Public Power Corporation S.A. (PPC) the agreement for the sale of all the…
Greece’s PPC buys Enel Romania in a deal valued at 1.9 billion euros
Enel Spa, Italy’s largest utility, will sell its Romanian operations to Greece’s Public Power Corp (PPC) for 1.26 billion euros…
PwC: The local M&A market grew to 5.4 bln. euro in 2022, thanks to Neptun Deep
The mergers and acquisitions market in Romania, transactions signed and concluded, reached 5.4 billion euros last year, surpassing the pre-pandemic…
First Rompetrol integrated service centers and gas stations on the A1 Nadlac-Sibiu motorway
The Kazakh-Romanian Energy Investment Fund (KREIF) and Rompetrol Downstream – the retail structural subdivision of the KMG International Group in…
DEER signs a service and software contract with Bento for 32 mln. lei
Bento, a Romanian company specialized in the development and implementation of software solutions and the provision of IT and Cloud…
Eight candidates for the Romgaz Board of Directors, for a four-year term
Eight candidates registered for the elections for the Romgaz Board of Directors (SNG), for a four-year term, which will take…
Nicolescu: A petition regarding Schengen will be discussed in the EP in an emergency procedure
The petition regarding Romania’s entry into the Schengen area submitted in January by the Association for Clean Energy and Combating…
BASF and Tenova enter into a joint development agreement for recycling lithium-ion batteries
BASF, a leading battery materials producer, has entered into a long-term collaboration agreement with Tenova Advanced Technologies (TAT) of Yokneam,…
Deloitte: Circular economy can reduce by almost one third the global resource and material consumption
Circular economy can reduce by almost one third the current global volume of resource and material consumption by extending the…
Electrica: Profit of 559 million lei, revenues up by 39% in 2022
In 2022, the net profit of the Electrica Group was 559 million lei, the result being generated, mainly, by the…
New Continental R&D center in Timișoara uses Schneider Electric equipment
Schneider Electric Romania has completed equipping the buildings of the Continental Automotive Research and Development Center in Timișoara, with electrical…
Hidroelectrica will appoint a new Supervisory Board by the end of March
Hidroelectrica will have a new Supervisory Board by the end of March, following the decision of the Bucharest Court of…
Deloitte: Insurance sector, crucial role in the transition to a low carbon economy
Insurers’ growth and profitability will most likely be negatively impacted in 2023 by the current macroeconomic and geopolitical challenges such…
EC welcomes Enel’s donation of 3Sun solar PV panels to Ukraine
By launching the project “Ray of hope” with Enel, the European Commission is taking a first step as part of…
EU postpones vote on banning sales of new cars with combustion engines
European Union countries have postponed a planned vote next week on banning sales of new carbon dioxide-emitting cars from 2035…
Enel Group helps India’s power distribution digitalization process
Enel Group, through its affiliate company Gridspertise, has signed two Memorandums of Understanding (MoUs) with Tata Power Delhi Distribution Limited…
Investments in smart cities are crucial for increasing the quality of life
Investments in smart infrastructure and smart cities are crucial to improving quality of life and sustainable business, but technology is…