x
Newsletter Image
STAY UP TO DATE WITH OUR LATEST NEWS
subscribe

Your email is safe with us

x
Newsletter Image
STAY UP TO DATE WITH OUR LATEST NEWS
subscribe

Your email is safe with us

KOSTT,-SOWI-sign-agreement-on-grid-connection-for-Selaci-wind-farm

December 10, 2019

Hidroelectrica initiates takeover of ČEZ, Enel’s facilities in Romania

The management of Speeh Hidroelectrica SA requested the goahead from shareholders to hire consultants and lawyers in the procedure it started with the aim to acquire assets from ČEZ Group…

Read more
chimney oil power heating thermal

November 26, 2019

Thermal power permits for 875 MW revoked by Romanian regulators

The Romanian Energy Regulatory Authority or ANRE decided to withdraw licences for three units controlled by Electrocentrale Bucureşti SA. Their total power capacity is 650 MW. The thermal facilities are…

Read more
CEZ

November 14, 2019

CEZ receives over 30 letters of interest for Romanian assets

Czech energy group CEZ has received more than 30 expressions of interest for its Romanian assets, which include Europe’s largest on-shore wind farm, the 600 MW Fantanele-Cogealac, and plans to…

Read more
Arsat

November 8, 2019

Romania’s Arsat Group to build electric scooter factory

Romanian industrial group Arsat plans to build an electric scooter factory, in a project funded under a series of financing agreements with state-owned lender Eximbank, local media have reported. The…

Read more

November 4, 2019

Bucharest to introduce oxygen vignette, ban high-polluting cars from parts of city

Bucharest authorities are introducing a special tax called the Oxygen vignette for cars not meeting the Euro 5 standard, portal Romania-insider has reported. Depending on the Euro standard of the…

Read more

October 25, 2019

Court halts expansion of largest coal mine in Romania following Bankwatch appeal

A Bucharest court has blocked an expansion of Rosia, the largest coal mine in Romania located in Gorj county, following a legal challenge to the mine’s environmental permit lodged by…

Read more
Ford hybrid

October 9, 2019

Ford launches production of Romania’s first hybrid vehicle

U.S. carmaker Ford Motor Company has started manufacturing a new hybrid car, an electrified new Ford Puma, following a EUR 200 million investment in Craiova, Romania. Offered with advanced Ford…

Read more
Hidroelectrica CEZ

October 8, 2019

Hidroelectrica files non-binding letter of intent to buy CEZ assets in Romania

Romania’s Hidroelectrica, the country’s largest power producer 80%-controlled by the state, has submitted a non-binding letter of intent to buy the assets of Czech energy company CEZ in Romania, Hidroelectrica…

Read more
Flow

October 3, 2019

Electric scooter sharing app Flow to be available in Belgrade in 2020

Romanian electric scooter sharing app Flow will be offered in Belgrade, Serbia in 2020, according to Bogdan Enoiu, managing director of marketing communications agency McCann Erickson Romania and manager of…

Read more
Just transition post-coal jobs

September 23, 2019

Just transition report looks into post-coal job prospects in Romania’s Jiu Valley

NGOs Greenpeace and Bankwatch Romania have launched a new report outlining scenarios for the just transition of Romania’s best-known coal region, Jiu Valley, highlighting job growth and economic development without…

Read more
IKEA Vestas

September 13, 2019

IKEA parent confirms acquisition of Vestas’ 80% stake in Romanian wind farms

Ingka Group, the parent company of Swedish furniture giant IKEA, has confirmed in a press release it has reached an agreement with Denmark’s Vestas Wind Systems to acquire an 80%…

Read more
Green Group

September 12, 2019

Syndicated loan for Green Group signals stronger backing for sustainable economy

Green Group, which gathers six Romanian companies specialized in waste collection and recycling companies, has secured Romania’s first syndicated loan signaling the local banking sector’s more significant involvement in the…

Read more