04.30.2014

The Romanian government asked the USA for assistance to reconfigure the national energy strategy, which also involves talks related to all natural resources, including shale gas, Romania’s Foreign more

04.29.2014

Electricity distribution companies such as Enel, E.ON, CEZ or Electrica currently get about a third of the average Romanian energy bill, while the production cost accounts for less than 30% of the more

04.28.2014

GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, said its net profit rose 24% to 447.1 million lei (EUR101.3 million) in 2013, helped by higher electricity sales and falling costs. more

04.25.2014

Romanian commercial lender Banca Comerciala Carpatica (BCC.RO) Friday said it granted a loan worth 9 million lei (EUR2 million) to Genesis Biopartner which will use it to build a new cogeneration more

04.25.2014

Romania's minister-delegate for energy Razvan Nicolescu stated, after a meeting with European Commissioner for Energy Gunther Oettinger, that he will propose the European Commission to define more

04.25.2014

Romania's minister-delegate for energy Razvan Nicolescu said Romania will have its first draft energy strategy by October. 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

04.22.2014

Romania's natural gas consumption fell by 8% in 2013, even lower than the level reached in 2009 - the toughest crisis year for the country's economy- and nearly 20% lower than in 2008. Payments for more

04.17.2014

After consumption slipped by 5% last year, the energy market neared the level of 2009, the toughest year for Romania during the financial crisis, which led to a domestic demand contraction by almost more

04.15.2014

Oil exploration in the Black Sea, energy sector initial public offerings, the most certain of which currently is Electrica’s, after Hidroelectrica’s relapse into insolvency, and energy efficiency 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

03.20.2014

The most important Russian businesses in Romania have followed the same pattern: Russian oligarchs taking over valuable assets of the Romanian state in the wake of controversial privatizations. Some more

03.19.2014

Romania’s energy industry requires investments of over EUR30 billion over the next 15 to 30 years to boost competitiveness and ensure its independence from foreign resources, according to official more

03.19.2014

Romania's state-owned hydropower generator Hidroelectrica, under insolvency, sold energy of RON13.45 million (nearly EUR3 million) on the OPCOM power exchange Tuesday to trader Fidelis Energy. more

03.17.2014

Complexul Energetic Hunedoara company, set up last summer, plans to invest EUR355 million to revamp Mintia and Paroseni thermo power stations, as well as the four pit coal mines it owns. more

03.13.2014

Romanian president Traian Basescu said Thursday he has signed into law the government emergency ordinance on green certificates, adding he expects lower electricity bills. more

03.13.2014

The Romanian economy needs investments of hundreds of million euros in energy efficiency as Romania lags behind in the EU in this regard, but many consumers prefer to complain about energy costs and more

03.12.2014

Hidroelectrica, Romania’s largest power generator, is again undergoing insolvency, for the second time in less than a year, and market sources say its stock market listing is almost impossible this more

03.10.2014

Norway, Iceland, and Liechtenstein are donating EUR8 million to Romania to fund energy efficiency programs targeting lower carbon emissions. more

03.07.2014

The need for investments in energy efficiency and the hope that the old infrastructure will be replaced some day are about the only chances of growth left for providers of equipment and services for more

03.04.2014

Romania should focus on energy efficiency and lower consumption instead of electricity production, Razvan Nicolescu, recently appointed Minister-delegate for Energy, stated Tuesday. more

03.04.2014

Erste Group and Banca Comerciala Romana will provide EUR76 million funds for the construction of the 108 MW wind farm Crucea North, in the Dobrogea region on the Romanian Black Sea coast, while EBRD more

03.03.2014

Chinese photovoltaic cell and module manufacturer Sunowe has invested EUR40 million in a 25 MW photovoltaic park on a 50-hectare plot in Sibiu County, central Romania. more

03.03.2014

EnergoBit group of firms, a major player on the energy equipment and works market, in 2013 generated revenue of EUR176 million, up 10% year-on-year, according to preliminary data released by the more

03.03.2014

Engineering company Adrem Invest in 2013 generated revenue of above EUR50 million, in the wake of a 30% increase, and a 10% profit margin. more