DEER completed investments worth 70 mln. lei in Q1, above the budgeted level
Distribuție Energie Electrică Romania (DEER), a member company of the Electrica Group, made investments of 70.3 million lei in the…
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General Interest
Luca Niculescu, on Romania’s accession to the OECD: We are on schedule, the process is very alert
Romania is “on schedule” regarding the accession process to the Organization for Economic Cooperation and Development, and now we are…
Premier Energy Group Announces Stock Exchange Listing Price and Allocation
Premier Energy, one of the fastest growing private vertically integrated energy infrastructure companies in Southeast Europe and one of the…
UniCredit Bank Romania and Social Innovation Solutions launch the ESG Journey series of events
More than 500 companies from all over the country are expected between May and November 2024 at the ESG Journey…
PPC: Rețele Electrice acquire cables and conductors worth about 190 mln. lei
The three Rețele Electrice companies initiated a public tender on the SEAP platform, with a maximum cumulative value of around…
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…
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…