Energy
E.ON: Over Half Of Homeowners In Romania Plan To Purchase Photovoltaic System From An Energy Supplier In 2023
More than 50% of homeowners in Romania intend to purchase a photovoltaic (PV) system from an energy supplier sometime in 2023, which would translate into an increase of over 8% compared to 2...
Hidroelectrica Might Pay Dividends With 6.5%-7.8% Yield From 2023 Profit
Under the revenue and expenditure budget that envisages a net profit of RON3.6 billion for 2023 and the promise of a generous distribution to investors, energy producer Hidroelectrica has a...
Greece’s PPC To Complete Acquisition Of Enel Romania In September
Greece’s PPC would complete the acquisition of Enel Romania in September, which will boost its customer number by 57% and the energy production capacity in operation by 14%, the group said.
Retail Investors Subscribe RON5.7B Worth Of Hidroelectrica Shares In Six Days
In the first six days of Hidroelectrica's (H20.RO) IPO, subscription orders for 50.6 million shares from retail investors were entered into brokers' systems, with 432.5% of their tranche sub...
Electrica Gets New EUR6.25M EU Funding Via Modernization Fund
Electricity distributor and supplier Electrica (EL.RO), a major actor on its markets, has notified investors that its Distributie Energie Electrica Romania (DEER) subsidiary attracted new no...
Retail Investor Subscribes RON150M Worth Of Hidroelectrica Shares During IPO
One individual investor subscribed RON150 million worth shares in electricity producer Hidroelectrica (H2O.RO) during the IPO the company is conducting on the Bucharest Stock Exchange, Ziaru...
OMV Petrom Signs Agreement For Purchase Of Several Photovoltaic Parks In Romania
OMV Petrom, the largest integrated energy company in Southeast Europe, signed an agreement for the purchase of several projects for the construction of photovoltaic parks in Teleorman county
Transelectrica Completes Upgrade Works At Ungheni Electric Power Station In EUR10M Investment
Romania's national grid company Transelectrica (TEL.RO) has inaugurated the refurbished 220/110/20 kV Ungheni electric power station, with a total investment of over EUR10 million from its o...
Alro Boosts Annual Recycling Capacity By 60,000 Tons Via $11M Investment In Eco Recycling Facility
ALRO, one of the largest vertically integrated aluminum producers in Europe, measured by production capacity, inaugurated a 11 million USD investment in technology and environment protection...