Network operators would no longer issue technical connection approval (ATRs) in the network connection process, with the regulation to be amended to reduce bureaucratic procedures, according to George Niculescu, the president of ANRE, who underlined that for now this is […]
“The economic growth of any country, not just Romania, depends on two variables: population and productivity growth. For productivity growth, the energy sector has an essential role. We cannot talk about a competitive economy without distribution networks that are modernized […]
Fitch Ratings has revised the outlook on Electrica’s Long-Term Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at ‘BBB-‘. “The Outlook revision reflects improvements in Electrica’s funding structure, with a higher proportion of long-term funding than […]
The organizer of the region’s most important energy trade fair, ENERGY EXPO® 2025, taking place from May 22 to 24 at Laminor Arena in Bucharest, Romania, has established an agreement with Turkish Airlines to support event attendees’ air travel needs— […]
Electrica Group reported a net profit of 376.5 million RON for 2024, an increase of 42.1 percent compared to the approved budget for 2024, according to the financial report of the company. In a market context characterized by volatility and […]
The boarding school of the Tudor Vladimirescu Technological High School in Șimian commune, Mehedinți county, has entered into a comprehensive process of modernization and energy rehabilitation through the Romania Eficienta program, carried out by the Energy Policy Group (EPG) and […]
The European Business Women’s Patronage PEFA organizes the third edition of the Conference “Economic trends 2025”, an event dedicated to the economic challenges and opportunities of this year. The event will take place on March 31, 2025, starting at 10:00, […]
Hidroelectrica proposes distributing dividends of 4.04 billion RON, according to a press release sent by the company. The Hidroelectrica Group recorded a decrease in operational and financial results in 2024, compared to 2023, mainly influenced by less favorable hydrological conditions, […]
PPC announced its financial results for 2024 with adjusted EBITDA increasing to 1.8 billion Euro, recording an increase of 41 percent compared to 2023. Investments in Renewable Energy Sources (RES), flexible generation as well as in distribution and digitalization projects […]
One billion euros invested in the Romanian oil and gas sector, in the onshore upstream exploration and production segment, could add 5.8 billion euros to Romania’s gross domestic product (GDP) and bring a 3.1 billion euro increase in contributions to […]
