The PV power plants provide partner companies with a degree of energy independence and help protect the environment by reducing CO2 emissions by more than 3,200 tons per year.
EU to co-finance installation of 1,400 charging points in 13 European countries, including 430 for heavy-duty electric trucks.
MOL Group's profit before tax (PBT) down by 23% year on year almost entirely due to external environmental impacts,
The works included in the projects are focused on the maintenance of the electricity distribution network.
Romanians are increasingly interested in photovoltaic power plants, either on their own or through subsidized programs.
In the Exploration and Production segment, the operating result excluding special items was RON 3 billion, down by 29%.
Starting in February, natural gas supply will be managed by Premier Energy SA, while NeoGas Grid will be responsible for the distribution of natural gas within the group.
Starting February 3rd, Retele Electrice Romania will relocate the customer care center in Bucharest, Calea Călărașilor nr. 250 to a new address: Str. Brazilia nr. 2-8.
The new control room is adapted to handle a larger volume of installations in efficient conditions.
Turning this barge into a floating terminal is a major step for Romania in strengthening energy independence and expanding regional infrastructure.
Romania continues the implementation of major projects, such as gas exploitation in Neptun Deep and Caragele, and the development of the Romanian civil nuclear program.
The president of the AEI believes that although crude oil prices in 2025 may remain at the price level of this period, the pump price will increase as a result of tax increase.
The revision to Romgaz's rating outlook follows the recent revision to Romania's sovereign rating outlook dated December 17, 2024.
The transaction, which is subject to necessary approvals is expected to close in the first half of 2025.
The distribution network was upgraded by replacing about 8.8 km of cables and more than 1,800 switchboards.
Galaxy VXL is compatible with both Lithium-ion and VRLA batteries, and with its Live Swap function.
The first research, Artificial Intelligence and Electricity: A System Dynamics Approach, examines four possible scenarios for AI's electricity consumption over the next decade.
The development of BESS depends on market maturity and regulatory stability. In some countries, frequent regulatory changes and grid access barriers hinder progress
EIT InnoEnergy is supported by the European Institute of Innovation and Technology (EIT), a body of the European Union.
Together, the two facilities will have an installed capacity of more than 2.8 MWp, generating more than 3 GW/h per year.
The company is also launching the new Rețele Electrice Romania website, www.reteleelectrice.ro, with a series of new features.
Through its new business line, Simtel offers integrated solutions tailored to the specific needs of each client.
The works will consist of the construction of two new medium voltage lines that will have a length of 13.5 km.
Nokian Tyres new passenger car tire factory in Oradea, Romania will operate entirely without fossil fuels
Private equity fund MidEuropa has agreed to sell private healthcare chain Regina Maria to Mehiläinen Group, the largest private healthcare provider in Finland backed by investment fund CVC.
Romania's informal economy represents about one eighth of its GDP, according to an EY report.
Carrefour Romania has announced the appointment of Anne-Sophie Bauwens as its new CFO and Member of the Executive Committee.
Public food service company Sphera Franchise Group has earmarked approximately RON 100 million (around €20 million) for investments in 2025.
Vista Bank Romania has agreed to take over the loan portfolio of Eurobank's former subsidiary in Romania Bancpost.