08.09.2017

The lack of investment in the local renewable energy sector is making some companies in the energy infrastructure construction business turn to markets abroad. One such company is Electrogrup, which more

05.17.2017

Energy producers may apply for EUR147 million EU financing to invest in renewable energy and high efficiency co-generation facilities under the large infrastructure operational program, the regional more

02.23.2016

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03.10.2015

ArcelorMittal Galati has invested more than EUR7 million to upgrade a set of turbine blowers, aimed at reducing energy consumption at one of its blast furnaces, part of a wider energy efficiency more

02.24.2015

Executives of utility companies say they are reluctant to continue to invest in Romania after two legislative changes in two years that shook their confidence in the long-term profitability of the more

01.27.2015

The automotive industry and energy sector will get new investments from foreign companies in the next two or three years, as the automotive component sector has already attracted major companies, more

01.07.2015

About 480 wind turbines should have been deployed last year, yet by the end of November only 175 of them had been installed, which means the authorities’ estimates about the clean energy market were more

09.29.2014

The number of green energy producers rose by a factor of 186 and the installed capacity by more than 217 times in 2005-2013, following almost EUR6.5 billion investment. This year, however, has been more

07.21.2014

Australian oil and gas company ADX Energy estimates it might invest up to EUR100 million in its oil field in Timis County, western Romania, and is looking for investors to help develop the project, more

12.04.2013

Australian company ADX Energy might invest up to EUR50 million in hydrocarbon exploration in Romania and will participate in the auctions the country’s National Mineral Resources Agency (ANRM) will more

11.21.2013

Newly-elected Chinese Prime Minister Li Keqiang will come to Bucharest next week to attend an economic forum, and Romanian energy projects worth EUR5 billion are ready for signing. The Prime Minister more

10.15.2013

Aluminum smelter Alro Slatina (ALR.RO) has invested about $100 million since 2002 in increasing its energy efficiency. more

09.18.2013

Romania plans to finance investments in modernizing its energy sector with funds obtained from selling to power producers greenhouse gas emission certificates, which the country will receive from the more

07.31.2013

More than EUR1 billion were invested in wind and solar farms in the first half of the year, and EUR288 million were paid as subsidies to producers. Renewable energy accounted for 12% of total more

06.10.2013

Verbund, the largest energy company in Austria, says it will not go ahead with investments of almost EUR100 million in expanding the wind project in Casimcea (Tulcea) if the support scheme is modified more

05.21.2013

Romania had more than 94 megawatts installed in solar power parks by May 16, 2013 compared with 49 MW at the end of last year, according to national power grid operator Transelectrica (TEL.RO). more

05.08.2013

With the entire 100 million-lei profit from 2012 still in its accounts, regional investment fund SIF Crisana-Banat (SIF1.RO) is going ahead with its plan to take part in the privatization of postal more

03.14.2013

Twenty-seven wind farms will be constructed in Vaslui county, eastern Romania, by the end of 2015, following investments worth some EUR100 million, local authorities said in a report. more

02.06.2013

Romania’s wind energy sector has one of the fastest growth rates in the European Union and the country is poised to become one of the leading users of wind power in the old continent, a report from more

01.17.2013

Bogdan Enoiu, who runs communication group BV McCann Ericskson Romania, is close to finalizing a EUR4 million investment in a solar park located close to Ploiesti, southern Romania. more

01.06.2013

Constanta, Tulcea, Galati, Caras-Severin and Braila are Romania’s top counties when it comes to installed capacity of green power projects. The five counties have attracted more than EUR2.5 billion more

12.21.2012

GDF Suez Energy Romania bought firm Alizeu Eolian aiming to develop a wind farm with a capacity of 50 megawatts in Galati county (in the eastern part of the country) next year, the company said more

12.07.2012

A number of 21 large wind farms were either operating or undergoing testing in Romania at the beginning of December, following investments of over EUR2.5 billion, according to the latest data released more

11.11.2012

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

10.10.2012

Romanian energy regulator ANRE does not consider all investments made by energy suppliers when setting tariffs, so company shareholders almost contribute money from their own pocket to finance more