12 apr 2013

Swiss NEK Umwelttechnik group, which controls wind farm developer Eolica Dobrogea (Schweiz) AG, has bought an additional 17% stake from the company’s former manager Corneliu Dica. more

8 apr 2013

Investors in green energy kicked off production at facilities with a capacity of EUR350MW in the first two months of the year, following investments of around half a billion euros. more

17 mar 2013

Romania’s energy potential from geothermal sources could be evaluated at about EUR1.5 billion, based on the data on investments accomplished up to date and the most recent studies in the field. more

27 feb 2013

A law significantly cutting the green energy support scheme could take effect as of July 1. At stake are investments of hundreds of millions of euros. more

11 feb 2013

Romania ranked fifth in the European Union in terms of newly-installed wind power in 2012, with 923 new MW, following investments of around EUR1.5 billion. more

8 feb 2013

A Chinese investor is making a bet of around EUR100 million to build the largest solar park in Romania, while other Chinese companies want to invest in wind turbine manufacturing. more

30 ian 2013

Romania used 4% less natural gas last year than in 2011, even though the year started and ended with very cold weather, which caused consumption spikes for a few weeks. more

22 ian 2013

Energy industry group Elcomex based in Constanta (SE Romania), owned by businessman Ion Grecu, will invest EUR30 million in an integrated agricultural business. more

16 ian 2013

Romelectro Bucuresti, one of the largest providers of services for the energy industry in Romania, will take part in international auctions for projects worth a total of over $400 million (around more

11 ian 2013

Romania’s power consumption dropped in 2012 compared with 2011, despite 2012 being a year of extreme weather conditions that should have translated into more power used. more

11 nov 2012

Romanian state-run energy company Electrica and its subsidiaries invested 501.7 million lei (EUR111 million) in the first nine months of the year, and a part of the money went to two wind farm more

8 nov 2012

The Romanian energy sector has been at a crossroads for a long time and in order for it to get out of this gridlock investors unanimously ask for a good strategy and real competition, otherwise more

5 nov 2012

State-run Nuclearelectrica, one of the largest energy producers in Romania, recorded a slight turnover increase in the first nine months of the year against the similar period of last year, but the more

5 sep 2012

The capacity of the operational wind farms in Romania might double by the end of 2014, from the current 1,390 MW, which cost about EUR2 billion. Although this is a significant leap from the 14 MW more

5 sep 2012

OMV Petrom (SNP.RO), the largest company on the Romanian market, lost two positions in the ranking of the top 500 companies in Central and Eastern Europe, shows research conducted by consultancy firm more

5 sep 2012

SIF Moldova (SIF2.RO) paid almost 60% of its dividends amounting to 114 million lei from last year’s profit to some of its shareholders, although it officially announced payment would start on more

5 sep 2012

Romanian businessman Marius Ivan, the founder the Dufa paint and enamel company and of Henkel Bautechnik, has invested one million euros in building a private food market in the Pipera district in more

4 sep 2012

Romania's Regional Development Ministry has added 5.5 million lei (EUR1.22 million) to the budget of a project to strengthen public buildings to resist earthquakes. more

4 sep 2012

Romanian President Traian Basescu said Tuesday that, since the signing of the declaration on a strategic partnership, relations with the United States have focused on economic matters, with the more

4 sep 2012

Mobile telephony operators in Romania may share their communication networks: costs are too high and revenues too low, predicts Yorgos Ioannidis, former chief executive officer of Romtelecom. more

4 sep 2012

Hezy Ovadia, president of United Romanian Breweries Bereprod (URBB), expects the beer market to pick up after three years of decline and stagnation and says the signals he got from the summer months more

4 sep 2012

One liter of diesel oil in Romania was more expensive at the end of last month than in Luxembourg, despite the fact that a Luxembourger makes almost EUR2,300 per month, while an average Romanian earns more

4 sep 2012

The McDonald’s restaurant in Piata Romana (central Bucharest), opened more than 15 years ago, serves more than 2 million customers a year and generates EUR3 million to EUR4 million revenue as more

4 sep 2012

Policolor, one of the largest players on the Romanian varnish and paint market, with sales of almost EUR30 million per year, increased its turnover by around 17% in the first seven months against the more

3 sep 2012

EU funds for Romania's Transport Sector Operations Program (T-SOP), suspended pending checkups on their actual destination, might be unfrozen later in September, following a new evaluation, Transport more