05.27.2021

The European Commission has approved an investment of EUR216 million from the Cohesion Fund to modernize the thermal energy transmission system of Bucharest, the capital of Romania. more

05.27.2021

The Kazakh-Romanian Energy Investment Fund has launched the construction of a cogeneration plant on the Petromidia platform, an investment amounting to around $148 million, it said in a press release more

05.26.2021

Tinmar Energy group owner Augustin Oancea plans to double renewable power generation capacity, as well as launch an electric mobility project, among others. more

05.20.2021

Romanian state-owned power grid operator Transelectrica (TEL.RO) on Thursday announced investments of over RON270 million in consolidating the energy infrastructure in the region of Moldavia. more

05.11.2021

Irish company Alternus Energy Group has acquired a photovoltaic park with an installed capacity of 20 MW, in Giurgiu County, which was previously part of the portfolio of Risen Energy Solar Project. more

04.28.2021

OMV Petrom, Romania's sole producer of oil and gas, will provide a strategy update in the second half of this year in a move towards green energy. more

04.21.2021

Romanian independent electricity and natural gas supplier Restart Energy One on Wednesday launched its first corporate bond issue on the Bucharest Stock Exchange, under the ticker symbol REO26. more

04.20.2021

Restart Energy, the second largest independent supplier of electricity to household consumers in Romania, is listing its first bond issue on the Bucharest Stock Exchange Wednesday. more

04.12.2021

Romania’s energy regulator ANRE has approved the annual investment plans for 2021, worth a total RON1.3 billion, for the system and transmission operator and natural gas distribution operators in more

04.01.2021

The potential of renewable energy on the local market can become the engine of the decarbonization of the Romanian energy sector as long as public initiatives synchronize with business intentions, EY more

02.22.2021

Restart Energy, an independent electricity and natural gas supplier on the local market, seeks to invest approximately $30 million in developing a solar project of 45 megawatts (MW) in Sarmasag more

02.04.2021

Restart Energy, an independent electricity and natural gas supplier, has obtained financing of RON16.3 million following an Offer of green bonds carried out between January 20 and February 3, more

01.20.2021

Restart Energy, a local independent supplier of electricity and natural gas founded in 2015 in Timisoara, is preparing a corporate bond issue of EUR3-5 million on the Bucharest Stock Exchange to more

01.11.2021

Restart Energy, a local independent supplier of electricity and natural gas, entered a joint venture with Interlink Capital Strategies, a U.S.-based financial consulting and fund management firm, to more

12.29.2020

Energy drinks market continued to grow in Romania in 2020, amid rising appetite of consumes for such drinks. Consumption of energy drinks stood at more than 35 million liters or about 1.8 liters per more

12.21.2020

The European Bank for Reconstruction and Development (EBRD) and the International Cooperation and Development Fund (TaiwanICDF) are providing financing of up to EUR15 million to UniCredit Consumer more

12.04.2020

President and Chairwoman of Exim Bank US Kimberley Reed will arrive in Bucharest Monday to discuss the agreement between the bank and the Romanian government for the financing of energy and more

11.19.2020

Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy for the period 2020-2030, launched for public debate. more

11.04.2020

Romania's state-owned natural gas producer Romgaz Medias (SNG.RO) on Wednesday said the Ministry of Economy, Energy and Business Environment transferred RON115 million for investments in the more

09.02.2020

Romania’s Competition Council has approved a transaction whereby electricity trader Tinmar Energy S.A. is acquiring cereal producer Intercereal S.A. more

06.26.2020

Electricity trader Tinmar Energy, the biggest entrepreneurial business in the local energy sector, part of Augustin Oancea's Tinmar Group, has acquired 95% of Intercereal, cereal producer based in more

06.25.2020

Romania ranks tenth in the European Union by the share of renewable energy in the total energy consumption, with renewable energy covering 23.8% of the country's total energy consumption in 2018. more

06.04.2020

The renewable energy sector is expected to bounce back quickly despite the global slowdown caused by COVID-19, as the long-term drivers for investment remain strong, according to the EY Renewable more

05.11.2020

The European Commission has approved, under EU State aid rules, Romanian plans to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emission costs more

03.31.2020

The Kazakh-Romanian Energy Investment Fund said Tuesday it has recently approved two new investment projects totaling $43 million: the construction of a dewaxing plant at Petromidia and enhancing the more