Energy

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 »

Slovenian company Resalta has reached a new milestone, entering Romania as the 10th market in which it will continue with its mission to provide energy efficiency services and develop renewable energy projects.
For the Romanian market, ...more »

In the period the first of January 2020 to February 29 2020, the primary energy resources decreased by 2.0%, and those of electricity increased by 2.1%, compared to the same period of the previous year shows data presented by the national Institute...more »

The Ministry of Environment, Water and Forests launches this year, through the Administration of the Environment Fund (AFM), a program for ecological and efficient LED lighting in the cities and communes of Romania.
The program is multiannua...more »

The capping of the price of natural gas (together with the prices of other utilities), recently taken by the Government, favors gas importers and suppliers and affects consumers. Thousands of consumers are at risk of this state intervention to pay hi...more »

The energy prices have increased for the first time from 0.0846 EUR / kWh in S1 2008 to 0.0959 EUR / kWh in S1 2012 to 0.0875 EUR / kWh in S1 2019. However, the share of taxes has increased constantly, from 13% in 2008 to 30% in 2019.
According to...more »