12.29.2016

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08.24.2016

T-Me Studios, developer of mobile applications on the customization and gaming niche, is the new tenant of the C building of office compound Green Court in capital city Bucharest. more

07.13.2016

French-held Capgemini, one of the largest global IT and business process outsourcing service and business and technology consultancy providers, is the new tenant of Green Court C office building in more

04.25.2016

Euro Insol on Monday said it was appointed judicial liquidator of real estate project Green City, a compound of 650 villas developed by businessman Dumitru Bucsaru by means of various firms either more

04.19.2016

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03.09.2016

Wind farms and solar parks covered almost 16% of Romania’s power consumption in 2015. Last year was also the year with the lowest investments in renewable energy since 2009, when the green power more

11.13.2015

Enel Green Power, Enel group’s renewable energy division, switched to net losses of EUR97 million in the third quarter, from EUR102 million profit a year before, mostly due to the impairment of more

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