20 nov 2012

RCS&RDS, one of the largest local telecom groups, has bought 90% in two companies developing solar power projects in Braila County. The two projects are worth about EUR20 million and are the more

20 nov 2012

The year 2012 will be the best of the last 22 years in terms of new investments in electricity generation facilities, with projects of about 2,200 MW, three times the capacity of a nuclear reactor of more

19 nov 2012

Solar energy was seen as the new boom in renewable energy after the wind power sensation. But after the first ten months of 2012, things don’t look very encouraging and some market specialists even more

16 nov 2012

Money has been sucked out of Hidroelectrica through 500 overvalued commercial contracts, and the company’s ten contracts for selling electricity were only the tip of the iceberg. more

9 nov 2012

Romania’s largest natural gas producer Romgaz might see revenue reach EUR1 billion this year if it keeps the same growth pace as in the first half. The company is also getting ready to expand into 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

10 oct 2012

Romania will boast the largest onshore wind farm in Europe at the end of 2012, after Czech-based CEZ has announced it would finish works on its EUR1 billion investment in Fantanele and Cogealac near more

28 sep 2012

Sales of residential solar panels went down by as much as 20% in the first half of 2012, the worst affected being the cheaper systems. more

26 sep 2012

Energias de Portugal (EdP), one of the most active investors in the wind power business in Romania, has also expanded into solar energy after buying a portfolio of projects that might be worth as much more

21 sep 2012

Romania’s most ambitious energy project, the reactors 3 and 4 of the nuclear plant in Cernavoda (south-east of the country) remains frozen as no company showed any interest in developing the EUR4 more

20 sep 2012

Chinese ReneSola, the world’s largest photovoltaic manufacturer, entered the Romanian market through the acquisition of a photovoltaic park, after it bought the entire stake in local company Lucas more

14 sep 2012

Gazprom Neft, the integrated oil group controlled by Gazprom, is close to striking a deal with Unicom Holding, to take over the bunkering operations in the Constanta Harbor. more

10 sep 2012

Romanians spent about EUR13 billion on loan installments, fuel, alcohol, cell phone bill and cigarettes, about half or 46% of the total net wages and pensions collected in 2011. The rest of it went to more

6 sep 2012

The volume of imports of gasoline and diesel doubled between 2007 and 2011, with Romania ending up paying EUR1.2 billion last year for fuel made abroad, almost three times as much as in 2007. 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

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

3 sep 2012

In Romania, in order to connect to the electricity distribution system, an entrepreneur with a warehouse located in Bucharest has to wait 223 days, according to the World Bank's survey on how easy is more

31 aug 2012

Electricity consumption, which generally signals the evolution of the whole economy, saw a slight decline between January and July, and the only period when the indicator was significantly higher than more

31 aug 2012

Managers of mutual funds and private pension funds, the largest institutional investors on the Bucharest Stock Exchange, all say they are interested in taking part in the 250 million lei (around EUR55 more

30 aug 2012

Romania now has green energy projects the size of the two Cernavoda nuclear reactors, after investments of over EUR2 billion. more

28 aug 2012

Selgros Cash&Carry, one of the top ten companies in local trade, is taking the first step towards electrical power generation, after having decided to install a rooftop solar farm at one of its 19 more

15 aug 2012

Romania is the country where the renewable energy division of Energias de Portugal (EDP), one of the major European energy groups, recorded the highest growths in the last year, with the Portuguese more

3 aug 2012

Dumitru Dina, head of nuclear energy producer Nuclearelectrica, a EUR375 million business in 2011, says there is no reason why Romania should not go ahead with its nuclear energy program despite the more

2 aug 2012

While wind farms projects have already attracted EUR2 billion investments and solar farms are seen as the new stars of green energy, projects turning wood or waste into power are tentatively more

27 iul 2012

Vestas, the world's leading manufacturer of wind turbines, with almost EUR6 billion in revenue in 2011, has installed EUR550 million worth of wind turbines in Romania over the last two years, ZF has more