Electrica and Esyasoft (EAU) have officially signed the documents establishing the new company within the Electrica Group, called Electrica Esyasoft Smart Solutions, for energy storage technologies and the digitalization of electrical networks. Electrica Esyasoft Smart Solutions S.A. (owned 25 percent […]
tbi bank, one of the most prominent challenger banks in Southeast Europe, has partnered with one of Romania’s largest insurance brokers, DAW Management. As a result, Romanians can now more easily purchase insurance, including mandatory RCA policies, through the Buy […]
Lockheed Martin and the Romanian company Sinteza signed, on Wednesday, a letter of intent with a view to the construction of a GridStar Flow battery factory in Oradea, with zero carbon emissions and which allow obtaining sustainable and stable energy. […]
On 20 November 2024, a significant moment took place for the Oil and Gas Employers’ Federation (Federația Patronală Petrol și Gaze): the change of the title to the Energy Employers’ Federation (Federația Patronală a Energiei), but also of the communication […]
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. […]
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. […]
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 […]
