Marketplace
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Billions of Euros to Ensure Romania’s Energy Security
Romania seeks solutions to help ensure energy security investments of billions of euros being expected in this respect. Prime-Minister Nicolae-Ionel…
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REPowerEU: Joint Action for More Affordable, Secure and Sustainable Energy
The European Commission (EC) has proposed an outline of a plan – REPowerEU – to make Europe independent from Russian…
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Uniper’s Russian Activities and Way Forward
Uniper condemns the Russian invasion of Ukraine in the strongest possible terms. With this war, Russia is breaking international law…
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Fuel Market Developments
The beginning of the year has brought massive price increases for fuels, electricity and natural gas, the entire economy and…
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Rock Tech Lithium to Invest EUR 400mln in a Factory in Romania
Rock Tech Lithium has signed a memorandum of understanding (MoU) in Romania to construct a €400 million factory to produce…
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EC Suspends Cooperation with Russia on Research and Innovation
Following the Russian invasion against Ukraine and in solidarity with the people of Ukraine, the European Commission (EC) has decided…
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EBRD Moves Forward with Action Against Russia and Belarus
The Board of Directors of the European Bank for Reconstruction and Development has agreed with a management proposal to take…
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TotalEnergies Will no Longer Provide Capital for New Projects in Russia
TotalEnergies will no longer provide capital for new projects in Russia, the company announced in a statement concerning the war…
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Shell to Exit Equity Partnerships Held with Gazprom Entities
The Board of Shell announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5…
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bp and Equinor to Exit Russian Investments
The bp board announced that bp will exit its shareholding in Rosneft. bp has held a 19.75% shareholding in Rosneft…
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ADAA: Satisfied Employees at Work Increasing Company’s Productivity by Over 20%
The feeling of pleasure or satisfaction at work of employees contributes to increasing the company’s productivity by over 20%, according…
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Transelectrica’s Energy Investments Consolidated with the Help of EIB Best Practices
Transelectrica and the European Investment Bank (EIB) will boost cooperation to consolidate and accelerate investments in Romania’s power grid. Technical…
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DocProcess: RO e-Factura to Bring over EUR 7 bln to the State Budget
DocProcess, the leader in business process automation in Romania, estimates an 80% increase in demand for the implementation of electronic…
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Mitsubishi Power Signs Purchase Contract with HydrogenPro for Large Scale Electrolyzer System
Mitsubishi Power Americas has signed a purchase contract with HydrogenPro for an initial delivery of 40 electrolyzers. The HydrogenPro electrolyzer…
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Money vs. Decarbonization: New EU Rules for Granting State Aids
The European Commission has announced new rules for granting state aids, these following to be aligned with the objectives and…
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Romania’s Chimcomplex Largest Investment Plan in the Last 30 Years
The beginning of 2022 came with a first important and encouraging news from the largest player on the domestic market…
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EC Presents Taxonomy Complementary Climate Delegated Act
The European Commission (EC) has presented a Taxonomy Complementary Climate Delegated Act on climate change mitigation and adaptation covering certain…
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Romanian Government Has Set Up the Interministerial Energy Committee
Romania’s Prime Minister Nicolae-Ionel Ciuca has decided to set up the Interministerial Energy Committee, a structure whose goal is to…
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EC Approved Restructuring Aid for Complexul Energetic Oltenia
The European Commission (EC) has approved, under EU State aid rules, Romania’s plans to grant power company Complexul Energetic Oltenia…
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Transgaz to Join the European Hydrogen Backbone
The Extraordinary General Meeting of Shareholders (EGMS) of the National Gas Transmission Company Transgaz approved the conclusion of a legal…
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