Energy
Romania's Energy Ministry Signs Financing Contracts For Investments In Electricity Production Capacities From Renewable Sources
Romania's energy minister Sebastian Burduja has signed 24 financing contracts worth RON68 million (EUR13.6 million), through the Modernization Fund, in order to support investments in new el...
OMV Petrom, OMV And ACB Participaties Become EIT InnoEnergy Shareholders
OMV Petrom (SNP.RO), along with Austria’s OMV and Netherlands-based investment company ACB Participaties have become shareholders in EIT InnoEnergy, a European company that is an innovation...
Electrica Completes Acquisition Of New Trend Energy SRL
Electrica (EL.RO), a company in which the Romanian government is the largest shareholder with 48.8%, on Monday notified the Bucharest Stock Exchange of having completed the acquisition of Ne...
Nala Renewables Buys 61 MW Solar Project in Caras-Severin
Monsson, the main green energy developer in Romania, controlled by businessman Emanuel Muntmark, has sealed an agreement with Nala Renewables, a joint venture between Trafigura Group, a majo...
Transelectrica Calls Shareholders To Approve Buying Stake In New Company
National grid company Transelectrica (TEL.RO) is calling shareholders for an extraordinary general meeting on August 12 to approve the acquisition of a stake in a new company, it said in not...
Romgaz Modifies Contract With Engie From RON290M To RON233M Due To Drop In Gas Price
State-run natural gas producer and supplier Romgaz (SNG.RO) has modified a gas sale-purchase contract with Engie Romania, the largest natural gas distributor in Romania, as a result of the d...
Hidroelectrica Signs Contract For Refurbishment Works At Vidraru Hydropower Plant
Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, on July 9 signed the contract for the start of renovation...
Delgaz Grid: Energy Infrastructure Investments Are Crucial For The Economy
Delgaz Grid, part of E.ON Romania group, has an investment budget of RON788 million for 2024, from own sources and EU funds, but, at the national level, the amounts reach billions of euros.
European Energy Plans To Develop 1.5 GW Of Renewable Energy Capacities In Romania
Danish renewables developer European Energy has announced in a press statement that it is planning to develop 1.5 GW of renewable energy capacities in Romania.