E-Distribuţie Muntenia invests over 62 million lei in medium and low voltage networks in 2019
E-Distributie Muntenia has planned for this year investment projects amounting to 62.6 million lei (approx. 13 million euros) in the…
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AmCham Romania survey on the quality of the investment climate in Romania
AmCham Romania presented the results of a new edition of the survey on the quality of the investment climate in…
President Iohannis promulgated Law 120/2019 meant to facilitate Transelectrica’s investments
President of Romania, Klaus Iohannis, promulgated Law 120/2019 on some measures necessary for carrying out the works and implementing projects…
CE Oltenia announces that all its 11 energy groups will meet EU requirements in March 2020
In 2018, 3 complete NOx reduction plants were implemented and put into operation at energy groups no. 5 and 7…
Solar, onshore wind costs set to fall below new fossil fuel , reports Irena
Electricity generated by onshore wind and solar photovoltaic (PV) technologies will in the next year be consistently cheaper than from…
Google to invest 600 million euros in Finnish data center
Google said on Monday it planned to invest about 600 million euros ($672 million) in a new data center in…
The ministry asks investors for KPIs for European ETS funds by June 1 – too short of a term
The Energy Ministry has urged investors to provide the main investment indicators for EU ETS in just two weeks to…
Bosch invests billions of euro in climate action and air quality
For the Bosch Group, the 2018 business year was a successful one. The company increased its sales revenue to a…
Nuclearelectrica – 3 major investment projects and the financing for them
At present, SNN is focusing on three major investment projects, said Cosmin Ghiță, Nuclearelectrica’s general manager, at a CNR-CME conference…
Alro invests USD 35 million in 2019
Alro shareholders have approved investments of 35 million USD for the year 2019. The company made last year a profit…
Spanish energy group Iberdrola profits rise after investment spree
Spanish utility Iberdrola said heavy investments over the last year as well as higher tariffs and better efficiency in Brazil…
Delgaz Grid announces new investments in transformation stations
Delgaz Grid develops an investment of 3.5 million lei in the transformation stations Bularga – Iasi, Câmpulung Moldovenesc – Suceava…
Badea, Hidroelectrica: We will invest over one billion lei in 2019
Bogdan Tudorache Hidroelectrica will invest about one billion lei this year, said Bogdan Badea, president of the company’s management. „We…
OMV Petrom invested EUR 14.5 billion between 2005 and 2018
Bogdan Tudorache According to the company’s report, OMV Petrom invested 14.5 billion euros in the period 2005-2018. The company contributed…
Anton: Investments in the Black Sea have been unlocked and will keep unlocking
Bogdan Tudorache Investing in the Black Sea will be carried out after all, says the Energy minister, Anton Anton. He…
SDEE Transilvania Sud budgeted for 2019 investments of over 259 million lei
The Electricity Distribution Company Transilvania Sud, part of the Electrica Group, has budgeted for 2019 an investment program of over…
Delgaz Grid invests 1.7 mln. lei in the consolidation of Sadoveanu Alley line, Iasi
Delgaz Grid announces the start of the land stabilization works at Breazu transformation station, as well as the stabilization of…
Transelectrica to invest 285 million lei in 2019
The operator of the national electricity transmission network will submits to the shareholders on May 13 the investment budget for…
Dumitraşcu: The PMB budget, which includes investments in district heating, does not comply with the legal requirements
The draft budget for 2019 of the City Hall of Bucharest (PMB), which is under public debate, does not comply…
Rompetrol Rafinare invests 4 million USD for moving to Industry 4.0
Rompetrol Rafinare is close to finalizing the implementation of the first phase of Advanced Process Control (APC), a digital solution…
The City Hall intends to refurbish 31 km of Bucharest’s heating network in 2019
The City Hall intends to invest this year in the refurbishment of 31.2 km of network, while more than 75%…
Romania takes one more step towards financing energy investments through the CfDs
The Energy Ministry has made public a study on CfD as a financing tool for investments in the energy sector;…
Over the last five years, 50 new laws have been adopted that have adversely affected investments
In the last five years, approximately 50 new laws have been adopted, which have increased the level of unpredictability of…