Pavel Popescu: MPs who opposed the offshore law must be held accountable
Lawmakers who have opposed the offshore law over time must be identified and held accountable for working to the detriment…
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General Interest
Chimcomplex announces 14.6 million euros profit in the first quarter of 2022
Chimcomplex, Eastern Europe’s largest chemical polyols producer, reports a 23.2% increase in turnover for the first quarter of 2022 compared…
“Forum: Careers in the Energy Industry” attracted 19 companies and over 600 participants
19 companies and more than 640 people participated in this year’s edition of “Forum: Careers in the Energy Industry”, organized…
EC adopted REPowerEU: The RES targets grows to 45% in 2030, extra hundreds of billions of euro to be invested
The European Commission today presented the REPowerEU Plan, which provides for major changes, needed to ensure the independence from Russian…
Alexandru Chiriţă takes over the helm of the Electrica Group, with a temporary mandate
Electrica’s Board of Directors has decided to appoint Alexandru-Aurelian Chiriţă as Interim General Manager, after Corina Popescu left the company…
Adrian Dumitriu, at the end of his term within Chimcomplex
The Board of Directors of Chimcomplex announces the end of the term of office of the economic director Adrian Dumitriu…
Romania’s economy grew by 5.2% in the first three months of 2022
Romania’s economy grew by 5.2% in the first quarter of this year compared to the previous quarter, while compared to…
EY: Geopolitical priorities are shifting across Europe and energy is no exception
The current geopolitical framework forced European countries to redefine their energy relationships and initiate quick steps to become energy independent,…
EC halved its estimates for the growth of the Romanian economy in 2022
After a robust growth in 2021, Romania’s economy is expected to slow to 2.6% in 2022, as inflation reduces disposable…
Electrica posted a loss of 158 mln. lei in Q1 despite a 52% increase in turnover
Electrica posted a loss of 157.8 million lei after the first quarter of this year (Q1), compared to the same…
Budget for the green car subsidy program for businesses, finished in less than two hours
The budget for the “Rabla Plus” program allocated to legal entities has been exhausted in less than two hours from…
Fitch Ratings gives E.ON a positive and stable rating following its recent mandate
The E.ON Group has announced that it has recently commissioned the rating agency Fitch to give it a new rating,…
Green NGOs are calling for new protection regulations in offshore oil operations
Environmental organizations Greenpeace, Bankwatch, 2Celsius, WWF and Declic have sent an open letter to members of Parliament regarding the offshore…
FIC: 40% of companies plan to invest more in 2022
The Foreign Investors Council published the Business Sentiment Index (BSI) results for the latest edition, spring 2022. The survey shows…
Chiriţoiu: I do not expect any price reductions for gas, electricity or fuel in the coming months
The president of the Competition Council, Bogdan Chiriţoiu, stated that he does not expect the price of natural gas, electricity…
INS: Natural gas prices have risen by more than 85% in the last year
Natural gas, potatoes and edible oil prices have risen the most in the past year, according to data from the…
Adrian Vasilescu: Energy continues to fuel inflation around the world
Energy continues to fuel inflation around the world, and it is likely to see it decline at the end of…
Romania’s annual inflation rate rose to 13.76% in April
The annual inflation rate rose to 13.76% in April 2022, from 10.15% in March, given that non-food prices rose by…
C-Bank increases the key interest rate to 3.75% per year
The Board of Directors of the National Bank of Romania decided on Tuesday to increase the monetary policy interest rate…
Raiffeisen Bank: 14% of loans to companies granted for sustainable projects
Raiffeisen Bank is consolidating its role as a financier that facilitates the transition to a green economy and a sustainable…
Forum — Career in the energy industry 2022 (9-14 May, Bucharest)
The career event you have become accustomed to year after year returns to its original form: Forum — Career in…
Bosch to invest billions of euro in climate-neutral technology
Bosch Group announced sales of 78.7 billion euros and a pre-tax profit EBIT of 3.2 billion euro, according to a…
Gov’t approved the institutional and financial framework for the operation of the Modernization Fund
The Executive approved on Wednesday the Ordinance establishing the institutional and financial framework for the operation of the Modernization Fund,…