ENERGY
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Simtel Team Revenue Triples To RON213M In Jan-Sep 2023
Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a leading renewable energy business in the country, posted...
Meat Products Manufacturer Killer Invests EUR780,000 in Photovoltaic Panels
Killer, a meat producer of Suceava that owns both production and a store network, has invested around EUR780,000 in solar panels, which cover a third of the plant’s energy consumption.
Law Firm CMS Assisted HelleniQ Energy Holdings And PPC Renewables In Two Deals In Romania
International law firm CMS advised HelleniQ Energy Holdings, one of the leading energy groups in South-East Europe with operations across the entire energy value chain, on the acquisition of...
Tinmar Energy Earmarks EUR150M To Expand Renewable Energy Portfolio
Tinmar Energy, an energy supply company owned by businessman Augustin Oancea, has around EUR150 million on the table for investment in expanding its renewable energy portfolio over the next...
Hidroelectrica Signs Joint Venture Agreement with UAE’s Masdar
Hidroelectrica signed a joint venture agreement with UAE’s Masdar on Monday, to build offshore wind farms and floating solar parks in Romania.
Erste Group Revises Romania’s Year-End Inflation Forecast Down To 8%
Austria’s financial group Erste has revised its forecast on Romania’s annual inflation rate down to 8% by end-2023, versus 8.7% in its previous forecast, after the rate touched a record high...
EY: Energy Becomes A Priority For Consumers
Energy is now top of mind for consumers as it increasingly impacts their lifestyles and their wallet, according to the EY ‘Energy transition consumer insights’ report which surveyed 70,000 r...
Italy’s Enel Set to Exit Romania
Italy’s Enel, the biggest private investor in electricity distribution, will withdraw from Romania starting next year, reads an official statement of the group.
European Commission Warns Romania About Lack Of Long-Term Strategy On Energy And Climate
The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their long-term national strategies under Regulation (EU) 2018/1999...