Energy
E-Distributie Muntenia Invests RON7M In Modernizing Dudesti Substation In Bucharest
E-Distributie Muntenia, the electricity distribution operator in capital Bucharest and the Ilfov and Giurgiu Counties, part of Enel Group, is upgrading and expanding the 20 kV grid for the p...
Saint-Gobain And ENGIE Romania Set Off Construction Of Largest On-Site Photovoltaic Park In Romania
French-held building materials manufacturer Saint-Gobain and ENGIE Romania have started the construction of the largest on-site photovoltaic park in Romania.
Bucharest Stock Exchange To Include Hidroelectrica In Stock Market Indices Starting With First Trading Day Of Company's Shares
The Bucharest Stock Exchange (BVB) has announced that the shares of Romania’s largest electricity producer Hidroelectrica will be included in BVB’s indices starting with the first trading da...
Transelectrica Net Profit Reaches RON80M In Jan-March 2023
National grid company Transelectrica (TEL.RO) ended the first quarter of 2023 with RON80 million net profit, ten times the net profit of the first quarter of 2022, while operating revenue re...
Romgaz Management Gets Another Four-Year Term
Natural gas producer and supplier Romgaz (SNG.RO) has announced that the chief executive officer Razvan Popescu’s term was extended for four years from May 16, 2023, to May 16, 2027, as show...
Politehnica University Of Bucharest Opens First International NuScale Power Energy Exploration Center
The Politehnica University of Bucharest and nuclear power producer Nuclearelectrica (SNN.RO) have announced the opening of the first NuScale Power Energy Exploration Center (E2 Center), in s...
McKinsey & Company: Romania’s Switch To Green Power To Require EUR30B Investments
The investment potential of the green power market (solar panels, heat pumps, insulation) in Romania stands at more than EUR30 billion by 2040 and about EUR20 billion of that could come from...
Rompetrol Well Services Appoints Batyrzhan Tergeussizov Chairman Of The Board Of Directors
Rompetrol Well Services (PTR.RO), Rompetrol’s oil services division, has appointed Batyrzhan Tergeussizov Chairman of the Board of Directors for a three-year term starting May 1, 2023.
Nuclearelectrica Appoints Dan Niculaie-Faranga As Chief Financial Officer For A Four-Year Term
Nuclear power producer Nuclearelectrica (SNN.RO) on May 3 informed its shareholders and investors in a stock market report about the appointment of Dan Niculaie Faranga to the position of Ch...