08.26.2024

Chemical producer and supplier Chimcomp0lex Borzesti (CRC.RO), which owns two industrial sites in Onesti and Ramnicu Valcea and is one of the largest entrepreneurial businesses in Romania, has more

07.27.2023

The district heating plant in the portfolio of insolvent company C.E.T. Arad has been sold for EU27.3 million, representing 90% of the market value, through open bidding. more

01.11.2023

Romanian-held real estate developer Alsin Management will invest over EUR40 million in developing First Estates Pipera, the first housing project in Romania set to offer free heating to all its more

02.03.2022

Impact Developer & Contractor (IMP.RO), one of Romania’s biggest real estate developers, plans to make use of geothermal resources of northern Bucharest to allow for the heating of housing units he more

11.15.2021

Viessmann SRL, part of the German heating, industrial and refrigeration systems group Viessmann posted about RON181.8 million (EUR37.7 million) revenue in 2020, up 4.6% from the previous year, more

02.23.2021

The European Commission has approved an aid of EUR254 million from structural funds to support the upgrade of the central heating system of Romania's capital city Bucharest. more

09.16.2015

Cristiana Rosu, chief executive officer of heating, ventilation and air conditioning company Radox she took over from her father, says she is ready to take it further and create new lines of business. more

10.21.2014

Romania could use electricity to heat homes instead of natural gas and black oil, minister-delegate for Energy Razvan Nicolescu said Tuesday, speaking about the country's new energy strategy. more

11.28.2013

Romania needs to rethink its public heating system, which has not seen any major changes over the past 23 years, an official of the country’s energy regulator ANRE said Thursday. more

08.16.2012

Heating bills in Romania’s capital Bucharest will remain unchanged despite a planned 10% increase in natural gas prices as of September, an official with the Economy Ministry said Thursday. more

03.17.2012

With two exceptions, every bill paid by Romania over the past eight years for natural gas supplied through intermediaries from Russia has been higher than $1 billion. Last year, the cost was $1.57 more

03.05.2012

Romanian local authorities will be able to take out treasury loans to pay off debts to heat suppliers amassed by December 31, 2011, according to a bill drafted by the Government. more

12.06.2011

On the Romanian market, there are just 2 million boilers and 8.4 million homes, writes Business Construct in its December issue. more

10.31.2011

The European Union will introduce a pollution tax on apartment heating systems "in 2013 or 2015," said Romanian Environment Minister Laszlo Borbely. more

10.12.2011

Romanian senators Wednesday adopted 51 to 49 votes a government emergency decree that slashes subsidies for household heating bills. more

10.03.2011

The Romanian opposition's motion against the changes to the heating aid system failed to receive the necessary number of votes Monday in the Senate. more

09.27.2011

The Romanian Senate's committee for administration on Tuesday adopted a favorable report on the government ordinance eliminating state subsidies for household heating, although the vote was tied. more

09.05.2011

Romania’s opposition Social Liberal Union will submit a simple motion with the Chamber of Deputies over the Government’s decision to eliminate subsidies for heat, social democrat leader Victor more

08.31.2011

Romania's Government on Wednesday approved the new income ceilings, according to which heating subsidies will be provided from the state budget during the winter. more

08.30.2011

Romania's new Fiscal Code, Fiscal procedure Code, heating aid ordinance and the act on the sale of a stake in state-owned energy distributor Electrica SA will be approved by the Government in its more

08.28.2011

The number of heating subsidy beneficiaries will increase in 2011-2012, as the income cap considered when granting the aid will be raised, Romanian Labor Minister Sebastian Lazaroiu told a news more

07.27.2011

The price of thermal power in Bucharest has been raised to 169.88 lei/Gcal (including VAT), from RON124/Gcal as of August 1, according to a decision of the City Council. more

07.27.2011

Officials of the International Monetary Fund have recommended Romania to adopt a simplified scheme for heating subsidies and eliminate bureaucracy for this type of aid, Labor Minister Sebastian more

07.18.2011

After 2009, when sales of heating boilers went down by more than 30%, the market returned to two-digit annual growth hardly ever seen in the construction industry after the onset of the crisis. more

06.29.2011

Romania's Government has decided to hold back the ordinance eliminating state heating subsidies, which will lead to higher heating bills, until it completes a state aid scheme for low-income more