Energy
Romanian City Of Oradea To Receive Nearly EUR16.4M European Funding To Set Up Solar Park
Romania’s north-western city of Oradea will receive European funding worth almost EUR16.4 million for the development of a solar photovoltaic (PV) park on a 12.5-hectare plot of land that be...
Romgaz Sells RON1.3B Worth Of Natural Gas To E.ON Energie Romania
Romania’s state-owned natural gas producer Romgaz’s (SNG.RO) announced in a stock market report on Monday (April 3) the conclusion of a new transaction with E.ON Energie Romania, a company p...
Hidroelectrica Completes RON82.7M Investment In Iron Gates I Dam
Hidroelectrica, the largest electricity producer in Romania and a company that is preparing to be listed on the Bucharest Stock Exchange, has announced the completion of protection works at...
Transelectrica Deepens Support For Academic Environment; Continues Collaboration With Polytechnic University Of Timisoara
Romania’s national grid company Transelectrica (TEL.RO) continues to support the academic environment across Romania with initiatives aimed at facilitating students' learning process and pro...
Nuclearelectrica Makes RON108M Term Deposit With CEC Bank
Nuclear power producer Nuclearelectrica (SNN.RO) placed with state-run lender CEC BANK a term deposit in the amount of RON107.6 million, the company informed its shareholders and investors v...
Romgaz Signs Contract With Duro Felguera For Completion Of Iernut Power Plant Development
The Board of Directors of Romania’s state-owned natural gas producer Romgaz’s (SNG.RO) has approved the conclusion of a procurement contract with Spanish group Duro Felguera for the “complet...
Hidroelectrica Envisages 8.5% Lower Net Profit, Of RON3.6B, But 27.8% Higher Revenue, Of RON11.6B, In 2023
Hidroelectrica, the largest electricity producer in Romania and a company that is preparing to be listed on the Bucharest Stock Exchange, expects a net profit of RON3.66 billion in 2023, dow...
Eurostat: Romania, Among The Top Three Oil Producers In The EU In 2021
After reaching a record high of 96.78% in 2020, the import dependency for the entire family of crude oil and petroleum products declined to 91.67% in 2021, according to a Eurostat report.
Electrica Finalizes Acquisition Of 27 MW Photovoltaic Project In Satu Mare
Electrica has completed the acquisition of the project company Sunwind Energy SRL which develops the photovoltaic project company “Satu Mare 2”, with a projected installed capacity of 27.055...