The European Investment Bank (EIB) is lending Romanian energy distributor Delgaz Grid 200 million USD to upgrade the electricity network in the country’s northeastern region of Moldova. The EIB credit is part of a 630 million Euro investment programme by […]
The overall costs of the global energy transition, estimated at USD 200 trillion by 2050, could be reduced by almost 25 percent using de-risking instruments, thus facilitating new methods of financing and refinancing green projects, according to a Deloitte study. […]
Distributie Energie Electrică Romania – DEER, the most important national electricity distribution operator, gathered over 300 participants at the second edition of the Energy Cybersecurity Forum. Thanks to DEER’s approach, Cluj was, for two days, the host of the most […]
Romgaz is listing today on the Bucharest Stock Exchange (BVB) their first corporate bonds amounting to 500 million euros. The bonds issued and also listed on the Luxembourg Stock Exchange since the beginning of October 2024 are the first tranche […]
tbi bank reported a record net profit of 38 million euros for the first 9 months of 2024 – 34 percent higher year-on-year based on unaudited consolidated financial results. By end September 2024, tbi bank serviced 1.6 million loan applications […]
The Ministry of Energy announces the launch of the call for projects “Supporting investments in the development of electrical energy storage capacities (batteries)” with funding from the Modernization Fund, within Key Program 1 – Renewable energy sources and energy storage. […]
2024 is a special year for THE DIPLOMAT-BUCHAREST business media platform. This year, we mark 20 years‘ anniversary on the media market in Romania, as well as 10 years since we established and developed OUTSOURCING-TODAY and the series of events […]
Distributie Energie Electrica Romania (DEER) has implemented 3 projects for intelligent electricity distribution systems in Galati, Oradea, Targu-Mures. The project in Galati had a total value of 93.4 million RON. The general objective of the project was to implement a […]
OMV Petrom, the largest integrated energy producer in Southeastern Europe, operator of the Neptun Deep project, announces that Transocean Barents, the semi-submersible mobile offshore drilling unit contracted for Neptun Deep, arrived in Constanța. Christina Verchere, CEO OMV Petrom: “The arrival […]
IMPACT Developer & Contractor reports revenues of 137.9 million RON at group level in the first nine months of 2024, up 29 percent compared to the same period last year. Gross profit increased by 12 percent, with a value of […]
