OMV Petrom: Investment of 23 mln. euro in the largest crude oil storage tank in Romania
OMV Petrom put into operation the largest crude oil tank in Romania, on the platform of the Petrobrazi refinery. The…
CEO Build: Business and NGO leaders join forces to build homes for disadvantaged families
Last week 48 important leaders from the local and international business environment, as well as representatives of well-known non-governmental organizations,…
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…
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…
Photon Energy Group gets a financing line of 15 mln. euro from the EBRD
Photon Energy announces that it has signed an agreement for a loan line of up to 15 million euros with…
Rompetrol Rafinare completed the turnaround of the Petromidia refinery
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated the processes of restarting the production facilities at…
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…
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…
Petr Stohr, Premier Energy: Romania can become an energy hub; it is important to be listed
Romania can become an energy hub, so it is important for us to be listed on the Bucharest Stock Exchange…
ABB opens a new energy-efficient factory in Belgium, investment of 20 mln. euro
ABB has opened a new 20 million euro injection molding production capacity at Evergem near Ghent in Belgium to meet…
Premier Energy gets listed on the main tier of the Bucharest Stock Exchange
The Financial Supervisory Authority (ASF) approved the prospectus for the initial public offering (IPO) and for the admission to trading…
Premier Energy acquired for 88 mln. euro all local assets of Iberdrola, which is exiting Romania
Premier Energy Group has announced the acquisition of the “Mihai Viteazu” wind farm, with a total installed capacity of 80…
OMV Petrom will invest a record budget of 8 billion lei in 2024, up 71% over 2023
OMV Petrom announces the distribution of record basic dividends of approximately 2.6 billion lei for the financial year 2023. At…
4ENVIGO forms partnership with MC General Construct, the solar project market – estimated at 22 bln. euro
4ENVIGO, a company specialized in transition solutions to renewable energy, announces the signing of a strategic partnership with MC General…
Eugen Butoarcă: The Electrician’s Trophy remains a landmark, attesting to the evolution of the energy industry
Distribution Oltenia continues the tradition of the most important competition in the energy field, the Electrician’s Trophy stage per company,…
Bosch inaugurates second office building of its Cluj-based Engineering Center
Bosch inaugurated the second office building built within the Engineering Center in Cluj, following an investment of approximately 21 million…
Competition Council authorized the takeover of Silnef’s assets by Silcotub
Competition Council authorized the transaction by which Silcotub SA takes over two recyclable industrial waste collection centers operated and managed…
Hidroelectrica to be listed on BVB in July, FP may sell its entire package of around 20% also in London
The largest IPO on the Bucharest Stock Exchange (BVB) may take place in July, according to the official Hidroelectrica listing…
Rompetrol invests USD 6.5 million in two new integrated service centers in Timiș
Rompetrol Downstream, the retail division of the KMG International Group in Romania, opened two new integrated service centers on A1…
Nuclearelectrica, included in two MSCI indices starting June 1
SN Nuclearelectrica SA announces that it will be included in the MSCI Frontier Markets and MSCI Romania indices starting June…
Ariston Group: Pre-tax profit up 44% in Q1, Maurizio Brusadelli – new CEO
The Ariston Group announced net revenues of 760 million euro in the first quarter of 2023 (Q1), marking a global…
Simtel Team to be listed on the main tier of the Bucharest Stock Exchange
Simtel Team intends to get listed on the main tier of the Bucharest Stock Exchange either at the end of…