DEER has completed four EU-funded projects to modernise networks
Distribuție Energie Electrică Romania (DEER) has announced the successful completion of four EU-funded projects aimed at modernising electricity grids in…
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One week until Power Shift Summit: Discover who’s attending and how you can join the event!
One week until Power Shift Summit: Discover who’s attending and how you can join the event! There’s just one week…
Rompetrol Rafinare – Investment of USD 4 mln. in FCC modernization
Rompetrol Rafinare, a member company of the KMG International group, continues to invest in equipment that supports the efficiency of…
RenewAcad offers energy storage courses based on Monsson’s experience at Mireasa Park
Monsson recently installed a 6 MW battery which is part of a larger energy storage project planned to exceed 200…
CNAIR granted a 20-year concession to Rompetrol Downstream for the modernization of some service areas on the A2
The National Road Infrastructure Administration Company (CNAIR) concluded a 20-year concession contract with Rompetrol Downstream SRL, for the modernization of…
Public consultation for the establishment of the Energy Cyber Security Incident Response Center
The draft Emergency Ordinance on the establishment and operationalization of the Energy Cyber Security Incident Response Center (CRISCE), a measure…
Prime Minister of Baden-Württemberg, Winfried Kretschmann: Romania is a pillar of stability in South-Eastern Europe
Prime Minister Winfried Kretschmann will visit Romania between 29.09 and 01.10.2024, accompanied by a delegation of approximately 30 people. He…
Gold reaches new record: 2,660 USD per ounce, up more than 28% in almost nine months
Over the past year, the price of gold has consistently set new records. 2024 began with the highest price in…
Mircea Man: ANRE is chocked by petitions that strictly refer to invoicing
The increase in the number of prosumers in Romania is a chaotic one, depending on the funds obtained from the…
FIC: Fiscal stability and predictability, vital for a relationship of trust between taxpayers and public policy makers
The Foreign Investors Council (FIC) believes that in the current geopolitical and economic context, fiscal stability and predictability are absolutely…
Gov’t to appoint new interim managers at AMEPIP
Prime Minister Marcel Ciolacu will appoint new interim managers, for terms of a maximum of 6 months, at the Agency…
European Investment Bank (EIB) : Romania receives 200 mln. euro for power grid modernization
Romania received the approval for a financing worth 200 million euro from the European Investment Bank (EIB), money that will…
Competition analyzes the takeover of some Renovatio companies by OMV Petrom
The Competition Council is analyzing the takeover transaction of some companies from the Renovatio group, specialized in renewable energy and…
E.ON: Demand for cooling solutions doubled in July compared to last year’s similar period
E.ON Energie Romania registered an explosive increase in the demand for cooling solutions in July, with a record of over…
BET Patria ETF fund – Tradeville: Assets of 400 mln. lei and 23,000 investors
The ETF BET Patria – Tradeville exceeded the value of 400 million lei in total net assets in July 2024,…
ELCEN-Termoenergetica merger to be completed in February 2026 the latest
The legal framework for the ELCEN-Termoenergetica merger was adopted by the Government on Thursday, the project will be submitted to…
Romania’s exports could cross the 100 bln. euro mark this year
Romania has every chance to reach, this year, the border of 100 billion euros in terms of exports. Most will…
Annual inflation rate dropped to 4.94% in June
The annual rate of inflation dropped, in June 2024, to 4.94%, from 5.12% in May, as food goods rose in…
US offers the Republic of Moldova 50 mln. USD to strengthen resilience
The US State Administration will offer the Republic of Moldova 50 million dollars to strengthen the republic’s ability to resist…
RCE supports the liberalization of the natural gas market in the Republic of Moldova
The Romanian Commodity Exchange, through its subsidiary – BRM East Energy, accelerates the process of liberalization of the natural gas…
PPC records a pro-forma profit before tax of 1.5 bln. euro
PPC continued in 2023 the positive trend of the previous years achieving key milestones in line with its strategy to…
Gazprom is asking a Russian court to prevent OMV from seeking international arbitration
Russian state-controlled energy group Gazprom has asked a Russian court to prevent Austrian company OMV Exploration & Production GmbH from…