Bogdan Nicolae Badea appointed new general manager of Romanian Hidroelectrica
Former State Secretary at the Romanian Ministry of Energy Bogdan Nicolae Badea has been appointed a director of state-owned power producer Hidroelectrica. Badea was appointed manager of the Management Board by the Supervisory Board in the beginning of July. Two new members of the executive board were also appointed: Marian Bratu, former manager of the […]
Romania’s Banca Transilvania first to provide loans for household energy efficiency
The Banca Transilvania has become the first bank in Romania to provide loans to households to raise energy efficiency levels. The money for the loans comes from the European Bank for Reconstruction and Development (EBRD) Green Economy Financing Facility whose officials warned that energy efficiency improvements are urgently needed. This is the first time that […]
Bucharest Sector 1 – thermal rehabilitation programme, #EUSEW2017 finalist
The northern part of Bucharest has undergone through important changes in the last couple of years thanks to the public project to improve the energy efficiency of buildings. With almost 1,000 public and residential buildings renovated and insulated, the project has not only improved quality of life of the citizens but also has helped to […]
EC taking Romania and Slovenia to Court of Justice for not fulfilling EU directives in waste management
The European Commission is taking Slovenia and Romania to Court of Justice of the EU for, in case of Slovenia, it failed to close and rehabilitate 28 illegal landfills which represent a serious risk for human health and the environment. In case of Romania, it is taken to the Court for failing to review and adopt […]
Romanian Hidroelectrica not insolvent, IPO to follow soon
Hidroelectrica, Romania’s largest power producer is officially solvent, as stated in the final court decision. This move will enable stock-market trade with Hidroeletrica’s shares. Court’s decision is final, and it will unblock Initial Public Offer (IPO) sale of 15% of company’s share. Remus Borza from Euro Insol, court appointed administrator of Hidroelectrica, expects that this share […]
GreenWEEE invests EUR 8.5 million in new recycling plant and modernization of existing
GreenWEEE International will invest EUR 8,5 million to open a new plant in Campia Turzii, Cluj county for the recycling of electrical and electronic waste, and to modernize and enlarge the capacity of existing facility at Buzau. GreenWEEE, a part of integrated recycling park Green Group, will invest EUR 3.5 million in the second plant […]
Romania to improve compliance with EU waste management legislation
Romania has to improve compliance with EU waste and urban wastewater legislations in order to meet the EU targets as the final deadlines set out in the Accession Treaty are drawing near. This is one of the main challenges Romania faces according to the EU Environmental Implementation Review (EIR) report drafted by the European Commission […]
Enel: Romanian energy crisis will hit the renewables sector
The energy crisis in Romania will imminently hit the renewable energy sector, said Georgios Stassis, general manager of the power company Enel Romania. He warned that the young energy market in Romania is facing its first exceptional challenge. “The prices are at their highest levels in decades, the system is close to its functioning limit, […]