08.26.2015

Buyers of electric cars will receive RON20,000 vouchers and buyers of hybrids will benefit from a RON5,000 discount, according to a government emergency ordinance approved Wednesday. more

07.30.2015

The interest in the acquisition of electric cars is rising among companies on the local market, which envisage setting up fleets of electric cars, while the market is blocked by the lack of a more

07.13.2015

As sales of premium and luxury cars such as Mercedes-Benz and Bentley are rising year by year, people looking to buy exclusive cars in Romania are shifting to electric luxury cars in order to stand more

06.29.2015

A number of seven electric cars have been sold in Romania in the first five months of 2015, while last year’s sales stood at nine such units, according to the Automotive Manufacturers and Importers more

05.11.2015

General Electric CEO Jeffrey Immelt was in Bucharest for a surprise visit at the end of last week during which he met with Prime Minister Victor Ponta and the heads of some of the largest local energy more

01.28.2015

Romania needs to work on clearer legislation, as investors need long term perspectives, said Wednesday John Rice, president and CEO of of General Electric Global Growth and Operations. more

01.06.2015

American giant General Electric (GE) is looking into expanding its oil industry equipment factory in Ploiesti to include off-shore drilling equipment, a company official said in a press release more

12.15.2014

Electric car sales are expected to surge from several units to several dozen or even 100 in Romania in 2015, as Volkswagen enters the segment. more

09.01.2014

Electrificare CFR, a branch of Romanian state-owned railway company CFR SA, will be ensuring and managing traction power supplies, as of Monday, September 1, for the rail sector in all geographic more

07.25.2014

US giant General Electric will operate exports worth $110 million from Romania this year, almost 60% higher than last year’s, with the main growth driver being the takeover of Lufkin group’s oil more

05.30.2014

Romania’s energy watchdog ANRE said Friday that household electricity bills could rise by 1% to 2% following the introduction of a new tax on special constructions, which includes utility poles. more

05.05.2014

Wind farm developer Monsson Group, controlled by businessman Emanuel Muntmark, has acquired a majority stake in Romanian company Emon Electric based in Campina (in southern Prahova county). more

04.23.2014

Roof photovoltaic systems, particularly on the housing segment, will be a new source of growth for the renewable energy sector, but its future depends on the support scheme aimed at small green power more

03.27.2014

Romania’s energy system has a solid foundation and growth must come from boosting output and consumption efficiency by generating energy as close to consumption locations as possible, says Peter more

02.19.2014

Since it opened the oil equipment plant of Aricestii Rahtivani, Ploiesti, in mid 2013, Lufkin group has hired another 80 people, so that the unit that makes oil pumps for 20 countries now employs 340 more

01.29.2014

Florentina Totth will take over as the new president of Schneider Electric Romania, the local division of French Schneider Electric, starting February 1, 2014, the company said Wednesday. more

01.24.2014

Romania and Turkey on Friday re-launched the idea of building an underwater electric cable between the two countries, saying the current level of electricity prices and the available technology could more

01.15.2014

The price of electricity at the end-user rose by over 36% between 2007 and 2013, mostly due to the green power subventions paid by end-users and the increase of distribution costs, according to the more

12.08.2013

Industrial group Uzinsider expects turnover of EUR63 million for 2013, up 15% on the year, supported by exports, which account for 95% of its total sales. more

09.04.2013

The number of electric car models officially available for purchase in Romania has increased to five, with the introduction of the Ford Focus Electric, but only one electric car was sold on the local more

07.04.2013

Romania’s Competition Council has authorized the takeover of oil and natural gas equipment producer Lufkin by U.S. corporation General Electric (GE). more

06.04.2013

The Romanian Competition Council will analyze whether the planned acquisition of Lufkin Industries Inc.’s local assets by US General Electric breaches antitrust regulations, the Council said in a more

04.08.2013

U.S. corporation General Electric (GE) will acquire Texas-based oil and natural gas equipment producer Lufkin Industries for $3.3 billion. Lufkin is present in 40 countries, including Romania, where more

02.19.2013

Romanian citizens buying an electric car as of March 15 will receive an eco-ticket worth 12,000 lei (EUR2.739) upon acquisition, the Government decided Tuesday in an emergency ordinance approving the more

02.04.2013

Romanian developer Energia Verde Ventuno has selected General Electric Co. to supply wind turbines to a farm being built in Cerna, Tulcea county (SE Romania). more