Romania, Slovenia among five countries eyeing new European Commission’s energy portfolio
Five EU member states, including Estonia, Latvia, Romania, Poland, and Slovenia, are interested in getting the energy portfolio in the next European Commission, HotNews.ro reported. The candidates for European energy commissioner are Kadri Simson from Estonia, Virginijus Sinkevicius, Linas Linkevicius or Saulius Skvernelis from Latvia, Luminita Odobescu from Romania, Krzysztof Szczerski from Poland, and Janez […]
Lithuanian-Bulgarian startup Spark launches EV sharing service in Bucharest
Spark, a Lithuanian-Bulgarian startup, has officially launched an electric car sharing service in Bucharest. Customers with the Spark mobile app, a driving license, and a bank account can rent one of the 50 electric cars on offer and pay by the minute, local media reported. Spark offers Renault ZOE with 350 km autonomy for RON […]
Electrica interested in CEZ assets in Romania – CEO
Romania’s state-owned power distribution and supply company Electrica is interested in buying the assets owned by Czech energy company CEZ in Romania, once they are put up for sale, Electrica CEO Georgeta Corina Popescu has said in an interview with Agerpres, Romania Insider reported. In addition to eyeing CEZ’s assets in Romania, Electrica is also considering […]
Romania to allow investors to trade electricity from projects under development
Romania’s legislation will be amended to allow investors in energy projects to trade electricity to be generated by projects under development, in order to enable them to raise financing for their investments, Romania Insider reported. Investors in energy projects, particularly those in renewable energy projects, have been urging Romania’s authorities since 2012 to enable them […]
21 Romanian cities to purchase 596 electric buses
Romania’s Ministry of Regional Development and Public Administration (MDRAP) has launched tendering for the procurement of 131 electric buses for seven cities, including Iasi, Sibiu, Sighetu Marmatiei, Slatina, Suceava, Tirgu Mures, and Pitesti. In addition to this purchase, other Romanian cities have also launched tendering to buy 465 electric buses, Economica.net reported. In total, 21 […]
Romania mulls carbon price compensation scheme
The Romanian government is considering introducing a scheme for offsetting the cost of the EU Emission Trading System (EU ETS), but details have not yet been announced, local media reported. The scheme would be available to all companies that are obliged to hold emission allowances. The price of these certificates has increased sharply in the […]
Czech energy company CEZ eyes pullout from Romania, Turkey
Czech energy company CEZ is working on divesting assets in Bulgaria but it may also pull out of other markets, including Romania, Turkey, and Poland, CEO Daniel Benes was quoted as saying in an interview with Hospodarske Noviny. In April, majority state-owned CEZ entered exclusive talks with Bulgaria’s Eurohold to sell its assets in the […]
Hidroelectrica to hire law firm for IPO on Bucharest Stock Exchange
State-owned power utility Hidroelectrica has issued a public call to acquire legal services for conducting an initial public offering (IPO) on the Bucharest Stock Exchange, local media reported. The deadline for submitting offers is May 23. Hidroelectrica plans to sell newly issued shares and also existing shares, but also to finally lists on the Bucharest […]