Energy
OMV Petrom Wants 10% of Local Solar Power Market at End-2030
At the level of 2030, the capacity of solar power projects in Romania is likely to hit 7,400 MW, five times higher than the current one, and OMV Petrom, Romania’s sole oil and gas producer,...
Samsung Puts EUR160M Solar Park Project in Giurgiu Up for Sale
A 45 MW solar park in Giurgiu completed in 2012 and held by Samsung is now up for sale, market sources say. The project company behind it, LJG Green Source Energy Alpha, was acquired by Sams...
Sources: Raiffeisen Bank Wins Bid For Financing Romgaz's Acquisition Of Exxon's Stake in Neptun Deep Project
Lender Raiffeisen Bank has won a tender organized by natural gas producer and supplier Romgaz (SNG.RO) to obtain a part of the funded needed for the acquisition of US giant ExxonMobil's stak...
OMV Petrom Expands Its Recharging Stations Network For Electric Vehicles In South-Eastern Europe
OMV Petrom, the largest energy company in Southeast Europe, is expanding its network of recharging stations for electric vehicles in Moldova and Serbia, in Petrom and OMV filling stations.
Coca-Cola Invested Over EUR11M In Romania In Projects To Cut Energy Consumption In 2020
Coca-Cola has invested over EUR380 million in its Romanian operations over the last 30 years and the projects aimed at reducing energy consumption exceeded EUR11 million in 2020.
Electrica Will Not Extend Chief Market Officer’s Term
Electrica (EL.RO)'s management notified the Bucharest Stock Exchange that the mandate agreement as chief market officer of Catalina Popa had ended on December 11.E
Premier Energy Set To Acquire Two Power Companies
Natural gas supplier and distributor Premier Energy, held by Czech investment fund Emma Capital, plans to acquire Brasov-based Ecoenergia, a producer of electric power from wind sources, and...
OMV Petrom Switches from Oil to Green Energy and Gas
OMV Petrom, Romania’s sole oil and gas producer, is radically changing its investment directions until 2030, with over half of the company’s budget set to go to green energy and gas.
Investment Platform Aukera Wants More Than 1 GW Renewable Energy Projects in Romania
Aukera, a green energy investment platform backed by AtlasInvest, a Belgian private investment company already active in renewable and conventional energy, aims to develop, build and operate...