Economics
November 27, 2013 14:42
Hidroelectrica’s General Meeting of Shareholders approved a new stage of the strategy that implies the selling of some of the micro hydros from its portfolio. There are 14 hydro powers divided in seven assets packages that will be on sale through an open outcry auction which will be conducted on January 23 and 24, 2014. According to the informing published by Hidroelectrica on its website, the starting price for the full package being approximately 10.4 million euro (46.2 million lei)....more »
November 27, 2013 11:54
After connecting the Colibasi photovoltaic plant to the national power grid in early October, Enel Green Power (EGP) checks another functional solar plant that has been connected to the domestic grid recently, a press release announces. This is the company’s fourth PV plant in Romania and is located in Podari, Dolj County, having a capacity of 10MW. ...more »
November 26, 2013 12:09
The discussions Romania’s Minister of Economy, Andrei Gerea had with the presidents and specialists from BAOTA Petrochemical and JULUN Petroleum in late October concerning Oltchim seem to materialize. ...more »
November 25, 2013 16:23
Seven years of consistent investments were crowned by the launch of ALIRA Grand Vin, WineRo’s exclusive range obtained from the grape harvest from the best plots of Aliman’s estate in Dobrogea....more »
November 25, 2013 14:35
The next wave in PV development is widely considered to be the rooftop plants. Romania’s solar industry anxiously expects the new regulation with respect to the feed-in tariff that will probably lead to a boost of this kind of projects.  ...more »
November 22, 2013 15:46
Real estate developer Tagor starts a new residential project in Timisoara, the estimated value of the investment for the first stage being of 7.3 million euro. After two other similar projects, the new complex is designed to include over 1.200 flats and a 6.300 m2 park, though the initial stage supposes the finalization of only 10% of the total living spaces targeted – some 107 apartments, according to a company release – ‘Timisoara becomes the third residential project Tagor develops in Romania, as part of an investment plan worth 110 million euro.’...more »
November 22, 2013 13:46
South African investment group NEPI inaugurated its first shopping center in Galati after six months from having the construction permit for the project and seeks to extend its portfolio in the near future....more »
November 21, 2013 14:40
The feed-in tariff might range from 186 to 200 euro/MW according to the calculation method proposed by ANRE (the National Energy Regulatory Authority) and approved by the European Commission, while the new tax of 1.5% will apply to photovoltaic p...more »
November 20, 2013 14:43
While others sell a 20 million euro worth shopping center, for 800 euro, AFI Europe continues to improve its financial indicators, increasing the value of its most important asset – AFI Palace Cotroceni, up to 375 million euro, a press release sent to Govnet informs....more »
November 20, 2013 13:23
The Feed-in tariff might range from 186 to 200 euro per MW according to the calculation method proposed by ANRE (the National Energy Regulatory Authority) and approved by the European Commission....more »
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