ME: State-owned companies reform aims for savings of over 1 billion lei
The Ministry of Energy has launched a broad process of streamlining and restructuring state-owned companies in the field, targeting total…
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Profiles
ANRE: The average gross basic salary within ANRE is of about 23,000 lei, not 9,000 euro
The average gross basic salary within ANRE is approximately 23,000 RON, and the organizational structure of ANRE actually includes 28…
SAPE: Significant increase in revenues, to 75 mln. lei, net profit to 6 mln. lei
The State Energy Shares Management Company (SAPE) announces a preliminary profit that exceeds the estimates established at the beginning of…
Jantzen Renewables appoints Răzvan Popa as CEO
Jantzen Renewables announces the appointment of Răzvan Popa as CEO. Before assuming the role of CEO, Razvan Popa served as…
PPC Group: International honors by Institutional Investor
PPC Group has achieved significant recognition across seven categories at the 2024 Developed Europe and Emerging EMEA Equities Awards by…
Burduja, Mandate Report: ME managed EU funds related to investments worth 13 bln. euro in 15 months
The Ministry of Energy has launched and managed non-reimbursable funds for investments of over 13 billion euros, in the last…
E.ON impact in 2023: Contributions of almost 1.9 bln. lei to the budget, investments up 31%
The E.ON Group is an important partner for around 941 suppliers of products, services and works, of which over 95%…
JT Grup Oil approves the distribution of dividends of 3 mln. lei
The shareholders of JT Grup Oil, one of the most important private companies on the fuel distribution market and the…
Energytech startup Ogre AI raises 3 mln. euro in round led by VERBUND X Ventures
Ogre AI, the Romanian-British energy tech startup focused on data science and specialized in providing AI-based forecasting solutions for the…
Premier Energy: Electricity supplied grows 48% in H1, natural gas up 26%
Premier Energy Group, a key player in the energy market in Southeast Europe, listed on the Main Market of the…
Electrica: Unfavorable dynamics of the supply market compresses first half’s profit by 28%
Although the operational result of the Electrica Group was positive, in the first half of this year the net profit…
Simtel plans to invest in production capacities of 500 MWp on medium term
Simtel Team wants to invest in energy production capacities of 500 MWp in the next 5 years and in storage…
MOL Group posted a 19% increase in profit in S1, to USD 916 mln.
The MOL Group recorded, in the first half of this year (S1), a pre-tax profit of 916 million dollars, up…
Simtel Team switches to the BVB Regulated Market on August 12
The official opening of the trading session on the occasion of the transfer from the AeRO Market to the Bucharest…
PPC: Solid financial performance, with adjusted EBITDA of 927 mln. euro in H1, up 57%
PPC posted solid results in the first half (H1) of 2024, as the second quarter (Q2) continued the trend of…
OMV Petrom reported 178% higher net profit in H1
OMV Petrom closed the first half of this year (H1) with a net profit of almost 2.63 billion lei, up…
MET Group accesses a credit facility worth 1.1 bln. euro
The Swiss group MET, one of the fastest growing energy companies in Europe, signed a credit facility (BBF) worth 1.1…
AMEPIP management resigned; the selection for a new management team will be started
The management of the Agency for the Monitoring and Evaluation of the Performance of Public Enterprises (AMEPIP) presented its resignation,…
The ministry’s answer: We are working on the re-liberalization of the market
The Ministry of Energy is working together with other ministries on the re-liberalization of the energy market and targeted support…
Prosumers’ Association: The heat showed us how fragile we are from an energetic point of view
The heat of the last period showed us how fragile we are from an energy point of view, and a…
Hidroelectrica: After one year, the stock market capitalization increased by 24%
Hidroelectrica (H2O), leader in the production of electricity and the main provider of technological services needed in the National Energy…
Delgaz Grid: Eight awards and two mentions at the national stage of the Electrician’s Trophy 2024
The electricians of Delgaz Grid, the electricity and natural gas distribution company of the E.ON group in Romania, climbed the…