Energy
Delgaz Grid Continues Investments In Upgrading Electricity Networks In Suceava
Delgaz Grid continues its investments in smart meters and the modernization of electrical networks in Suceava (northern Romania).
Hexing Technologies Europe Leases 8,000 Sqm In Globalworth Timisoara Industrial Park
Hexing Technologies Europe SRL, a subsidiary of Hexing Group, a provider of green energy solutions, listed at the Shanghai Stock Exchange, has leased 8,000 square meters within the Timisoara...
OMV Petrom Executive Board's Proposal For Distribution Of RON2.5B Dividends Approved By Supervisory Board
The proposal of OMV Petrom's Executive Board for the distribution of dividends in the amount of RON2.5 billion for the financial year 2023, namely a gross dividend of RON0.0413/share, was ap...
Nuclearelectrica Makes New Term Deposit With CEC Bank, Of RON250M, At 5.75% Annual Interest
State-run nuclear power producer Nuclearelectrica (SNN.RO) made a term deposit of RON250 million with state-run lender CEC Bank on Thursday (March 14), the company announced in a stock marke...
Distributie Oltenia To Invest RON48M In Electrical Networks In Mehedinti County
Electricity distribution company Distributie Oltenia will be investing RON48 million in a project aimed at expanding the electrical distribution networks in the towns of Simian and Obarsia C...
GES Furnizare, Part Of Simtel Group, Signs First Electricity Supply Contracts
Simtel Team (SMTL), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a national leader in renewable energy, has announced the signi...
Rompetrol Rafinare Starts General Turnaround Of Petromidia Refinery
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), has started the general turnaround of the Petromidia refinery, scheduled for the period March 8 – April 26, a...
Hidroelectrica Completes Repair And Maintenance Works On Costisa Hydropower Plant In RON6M Investment
Romania’s biggest energy producer, Hidroelectrica, has announced the completion of repair and maintenance works on its hydropower plant in Costisa (Neamt County), following a total investmen...
European Commission OKs EUR3B Romanian State Aid Scheme To Support Onshore Wind And Solar Photovoltaic Installations
The European Commission has approved a €3 billion (RON 15.22 billion) Romanian scheme to support installations producing electricity from onshore wind and solar photovoltaic to foster the tr...