Romgaz announced that its new branch in Chisinau was registered with the Public Services Agency of the Republic of Moldova in the State Register of Legal Entities. Romgaz Board of Directors approved the establishment of a natural gas supply branch […]
Opinion by Ioannis Kalapodas, Head of the Romanian office, European Energy Following the European Commission’s decision dated 6 March 2024 to approve a EUR 3 billion for the Contract for Difference (CfD) state aid scheme until 31 December 2025, aimed […]
The three Rețele Electrice companies initiated a public tender on the SEAP platform, with a maximum cumulative value of around 190 million RON (without VAT) for the purchase of medium and low voltage electrical cables, as well as conductors, so […]
At the end of the first quarter of 2024, Distribuție Energie Electrică Romania – DEER, a member company of the Electrica Group, made and commissioned investments worth 70.3 million RON. Alexandru Chiriță, Electrica CEO: “Investments continue to be a priority […]
In the first three months of 2024, EBITDA at Electrica Group level increased by 170 percent, respectively by RON 252.1 million, reaching a value of RON 400.8 million, compared to the value of RON 148.7 million achieved in the first […]
Delgaz Grid, part of the E.ON Romania group, last year made the largest investments in the last 18 years in the natural gas and electricity distribution networks, exceeding 874 million RON (around 177 million euros), supported by own sources and […]
Swiss-based energy company MET Group announces the appointment of Clive Turton as the new Executive Chairman of its Green Assets Division. With over 20 years of international experience in the power and renewables industry, he will support MET’s renewables expansion […]
Hidroelectrica Group records a decrease in operational and financial results for the first 3 months of 2024 compared to the same period in 2023, in line with the approved budget. The Group’s operating margin and net margin decreased by 2 […]
Nuclearelectrica has announced its financial results for the first quarter of 2024. In the 3 month period ended on 31 March 2024, the company obtained a net profit of 563.2 million RON, down 26.5 percent compared to the same period […]
Distributie Energie Electrică Romania (DEER), through the Baia Mare Branch, has invested over 40 million RON in the modernization and development of the electricity distribution system in 2023. The main directions aimed at ensuring an optimal voltage level, improving the […]
