11.10.2015

Real estate investment firm Globalworth, founded and run by Greek businessman Ioannis Papalekas, has bought the second building of the Green Court office compound in Bucharest from Swedish-held more

08.19.2015

Cartierul Solar, a total investment of EUR45 million, will be Romania's first residential compound equipped with rooftop photovoltaic panels used to generate green energy. more

07.28.2015

Associations and employers in the renewable energy sector call on the government and the energy regulator to amend the mandatory renewable energy quota supported through the green certificate scheme more

06.24.2015

The Association of the Big Industrial Energy Consumers (ABIEC) said that the exemption of industrial companies from a fraction of the overcharges on electricity supports the competiveness of the more

06.18.2015

The green certificate market is collapsing, as no certificates were traded in May and June, affecting investors in renewable energy, particularly small and mid-sized producers, a local organization of more

05.21.2015

Romanian aluminum smelter Alro Slatina needs at least two years to recover the losses caused by the payment of green certificates after having paid nearly $170 million over the last three years, the more

04.06.2015

Real estate compound Green City, developed by Green City Construct, controlled by businessman Dumitru Bucsaru, was put up for sale by its legal administrator, for EUR20 million, while CEC Bank is its more

03.25.2015

The current scheme promoting renewable energy no longer meets investors' needs and green energy producers call on regulator ANRE to come up with an alternative to the current green certificate scheme. more

03.09.2015

Investment fund Catalyst Romania, administered by 3TS Capital, bought a minority stake in social gaming company Green Horse Games, founded by George Lemnaru and Alex Stroe, through an investment more

02.17.2015

Waste recycling group Green Group estimates it will have a turnover EUR160 million this year, 6.6% more than in 2014, and plans to open a new factory. more

02.05.2015

Swedish group Skanska, developing Green Court Bucharest business park in northern Bucharest, rented a 920-sqm space in the second building of the project to HR company Adecco and is in advanced talks more

01.12.2015

The price of a liter of gasoline went below the threshold of RON5 in Bucharest, after an over 20% decline from the July peak. While this is good news for drivers, analysts are warning there are also more

01.06.2015

Electric power consumers will subsidize this year more renewable energy, namely 11.9% of the final gross electricity consumption, compared with 11.1% in 2014. more

12.03.2014

Electrica (EL.RO), Romania’s largest power distribution and supply company, gave up its plan of becoming a producer of renewable energy, a project it embarked upon in 2010. The decision is set to more

11.27.2014

Globalworth Real Estate Investments, founded by Greek businessman Ioannis Papalekas, has acquired from Swedish-held Skanska Romania the first building of the Green Court office compound in Bucharest, more

11.19.2014

Out of the 20 major activity fields in Romania, electricity is the field that witnessed the biggest increase in the number of companies during the 2008-2013 period, according to Trade Registry more

11.14.2014

EDP Renovaveis (EDPR), the renewable power unit of energy group Energias de Portugal, the third most powerful investor in Romanian green energy, in October operated three capital subscriptions in two 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

09.15.2014

Austria's Raiffeisen Bank International has extended a EUR27.5 million loan to Bucharest-based solar power producer LJG Green Source Energy Gamma, owned by Austria's Core Value Investments & CO KG more

08.14.2014

Swedish-held Skanska group, the developer of the Green Court office building complex in Barbu Vacarescu area in northern Bucharest, has started talks with investors for a potential sale of the first more

08.12.2014

Czech energy group CEZ Tuesday reported lower earnings before interest, tax, depreciation and amortization (EBITDA) in Romania for the first half, due to the authorities’ decision to postpone more

08.05.2014

The 15 largest companies managing wind projects in Romania generated total revenue of more than EUR400 million last year, operated with a 24% profit margin, among the best in the local economy, and more

07.29.2014

In early 2014, Romania’s energy watchdog ANRE launched several estimates about the capacities set to be installed in green energy projects this year, with the latest one indicating EUR2.4 billion more

07.07.2014

Companies receiving state aid in the form of lower green certificate quotas are forced to keep layoffs to less than 25% of the staff registered at the time they become eligible for the state aid more

06.24.2014

ArcelorMittal Galati and Alro slashed their headcount by 74% and 33%, respectively, since privatization until 2013, with over 21,000 people losing their jobs. However, they are set to benefit from more