Energy
PPC Advanced Energy Services Romania Supplied And Installed Over 19,000 Smart Street Lighting Fittings In 2023
PPC Advanced Energy Services Romania (part of PPC Group, previously called Enel X Romania) carried out in 2023 through its e-City division, 40 street, pedestrian, and interior lighting proje...
Electrica To Use AI System For Energy Footprint Of Its Headquarters
For the first time in Romania, electricity supplier and distributor Electrica (EL.RO) is implementing a system of artificial intelligence (AI) algorithms that will have the ability to identi...
Government Approves Memorandum For ELCEN-Termoenergetica Merger
Romania's government on Wednesday (Jan. 31) approved a memorandum through which electricity and heat producer Electrocentrale Bucharest (ELCEN) will be merging with heating distributor Termo...
Clifford Chance Report: Romania's Renewable Energy Market Will Continue To Lure High-Profile Investors In 2024
The opportunities for mergers and acquisitions (M&A) in Romania will continue to attract more high-profile investors in 2024, and strategic industries remain in focus, according to the lates...
New Special Transaction With Hidroelectrica Shares: 0.17% Stake In The Company Changes Hands In RON93M Deal
On Tuesday, January 30, a special transaction (DEALS) with shares of green power producer Hidroelectrica (H2O.RO) worth RON92.8 million was registered in the Bucharest Stock Exchange system,...
Transelectrica Expects 14% Higher Revenue, 40% Lower Profit In 2024
State-run national grid company Transelectrica (TEL.RO) estimates total revenue to reach RON5.3 billion in 2024, compared with a preliminary figure of RON4.7 billion in 2023, a potential inc...
PPC Romania Group Expands Its Management Team With Two New Romanian Directors
Ionut Duna, General Manager of PPC Energie and PPC Energie Muntenia, and Adrian Dugulan, General Manager of PPC Renewables Romania, are joining the management team of PPC Romania Group (form...
0.15% In Hidroelectrica Change Hands In RON84M Deal
On Monday, January 29, a special transaction (DEALS) with shares of green power producer Hidroelectrica (H2O.RO) worth RON84.2 million was registered in the Bucharest Stock Exchange system a...
Hidroelectrica Estimates All-Time High Profit Of RON6B For 2023
Electrical power producer Hidroelectrica (H2O.RO), the most profitable state-owned company in Romania, included a preliminary net profit of RON6.02 billion for 2023 in its 2024 spending and...