EC approves the takeover of Alpha Bank Romania by UniCredit
The European Commission approved on Wednesday, pursuant to the EU merger regulation, the takeover of the Romanian bank Alpha Bank…
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General Interest
OMV Petrom injects 750 mln. euro in Petrobrazi’s sustainable fuels production
OMV Petrom, the largest integrated energy producer in Southeast Europe, will invest around 750 million euros in Petrobrazi to transform…
REI: Over 4 bln. euro in non-reimbursable funds for business development
The authorities are offering companies, both start-ups and SMEs or large enterprises, more than 10 funding axes this summer, totalling…
EU to announce tariffs on electric vehicles from China
The European Commission will reveal this week what additional tariffs it plans to impose on Chinese electric vehicles over what…
Luca Niculescu: Romania’s OECD accession process does not suffer from any delays
Romania is not behind in the accession process to the Organization for Economic Cooperation and Development (OECD), but the most…
We launched the 43rd edition of the Energynomics Magazine!
Issue 43 of Energynomics Magazine was launched on Monday June 10, during the “Energy Strategy Summit 2024”, and it will…
MET Group announces interest to acquire majority stake in Achema Group
MET Group, one of the fastest growing integrated European energy companies headquartered in Switzerland, announces interest to acquire 54.07% of…
Axpo invests 25 mln. euro in 300 MW storage facilities in Romania
Axpo, the largest producer of renewable energy in Switzerland, has taken the necessary steps to ask the Romanian Government to…
Lier, AHK Romania: Romania has turned into a center of innovation and technology
Romania has turned into a center of innovation and technology, so there are still excellent opportunities for investment, said the…
Europe remains dependent on gas imports in a market with volatile prices
Dependence on energy imports in Europe has not undergone significant changes in recent years, with Europe remaining heavily dependent on…
Romanian inflation rate continues to record the highest values in the region
In Central and Eastern European markets, inflation is expected to rise or remain above the central banks’ target ranges until…
Schneider Electric, AVEVA and IN-CORE Systèmes – partnership for EV battery production
Schneider Electric and AVEVA have announced a partnership with IN-CORE Systèmes to increase efficiency in the production of electric vehicle…
EU: Germany can grant compensations of 1.75 bln. euro for giving up coal
EU: Germany can grant compensations of 1.75 bln. euro for giving up coal The German Economy Ministry announced on Tuesday…
Autonom looks to enter new markets and integrate AI into customer relationships
Autonom Group is looking at foreign markets, including China and the US, to develop its own model for introducing artificial…
Vertiv: New AI power and cooling solutions for data center infrastructure
As artificial intelligence (AI) and high performance processing (HPC) continue to dominate the data center landscape, Vertiv (NYSE: VRT), a…
Enevo Group has launched a cybersecurity application it calls “unique worldwide”
Enevo Group has launched a cybersecurity application for the energy sector that it calls “unique worldwide”. At the same time,…
EU: Renewable energy replaced 20% of fossil fuel production in five years
Wind and solar power production in the European Union increased by 46% from 2019 to 2023, displacing a fifth of…
Ministry of Energy and SAPE announce the start of the CET Titan Heating Power Plant project
Works started On Monday at CET Titan, a fully automated plant that will be equipped with five engine-generator groups (Hydrogen…
EU countries must report energy-intensive data centres to Brussels
As of 15 May this year, all EU countries are obliged under Directive 1791/2023 to report to the EU data…
Romania is the next market for investors in data centers
Global spending on public cloud services is expected to grow by 20.4% in 2024. In this context, Romania is becoming…
Developing artificial intelligence (AI) requires a new energy infrastructure
The development of AI places increased demands on data centre infrastructure and cooling, and prefabricated modular data centres are becoming…
Electric cars process 25 GB of data per hour
Modern electric machines process 25 GB of information per hour, compared to a DVD which was 4.7 GB. In this…
Data centres are becoming increasingly attractive to the real estate industry
In recent years, data centres have become increasingly attractive to real estate players. Unfortunately, data centre operators are looking to…