Starting with January 1, 2021, the electricity market in Romania is completely liberalized , the process being mandatory through the European legislation. For consumers, this means that regulated tariffs will no longer apply and every household cus...more »

Glodeanu & Partners provided legal assistance to ReneSola Energy in relation to the sale of its two solar parks held in Romania, with a combined capacity of 15.4 MW, to Alternus Energy. The transaction is expected to close in Q1 of 2021. Miha...more »

Electric vehicles sales are expected to reach an annual growth rate of 30% over the next ten years, so that by the end of the decade one in three new cars sold globally will be electric, according to the Deloitte report “Electric Vehicles. Settin...more »

Tinmar Energy announced a partnership with SelfPay, through which it provides customers with much faster accessibility through the 200 self-service stations located in key points in the country. This strategic decision is in line with the company's...more »

The Kazakh-Romanian Energy Investment Fund (FIEKR) signed with Calik Enerji (Turkey) the EPC (Engineering, Procurement and Construction) contract for the turnkey construction of the cogeneration plant on the Petromidia platform. FIEKR is owned by K...more »

Rompetrol Rafinare, a member company of the KMG International Group, recorded declining financial results in the first half of 2020, due to unprecedented volatility in the oil market, but also the impact generated by the influences of COVID-19 on the...more »

Five of the most important companies active in the renewable energy sector, legally represented by Țuca Zbârcea & Asociații, have submitted a motion for the annulment of Minister of Public Finance’s Order No. 1210/2014 and of the Central F...more »

Dietsmann, one of the leading global Operation & Maintenance providers for the energy industry, acquired the shares of KAROM Servicii Profesionale in Industrie from Kraftanlagen Romania and Kremsmueller Romania. The transaction initiated i...more »

KMG International Group continued for the first four months of the year to consolidate and develop its retail activities in the Black Sea region, by opening 12 new fuel stations, but also expanding the range of products and services offered. T...more »

Hidroelectrica signed the contract for legal assistance services for the IPO with Dentons Europe SPARL, which offered the price of 429,000 euros, compared to 700,000 euros, the estimated value of the acquisition. "By signing the contract for listi...more »